Restaurant Space for Rent in Ikota

Restaurant Space for Rent in Ikota - 1
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Details

Address
Ikota
Condition
Fairly Used
Furnishing
Furnished
Listing by
Owner
Caution Fee
₦ 10
Property Type
Restaurant
Square meters
40 sqm
Legal and Agreement Fee
₦ 5

Restaurant Space for Rent in Ikota Highlights

  • Prime Location: This property is situated in a well-known commercial area, offering good visibility and accessibility for customers. Such locations often benefit from existing foot traffic and proximity to other businesses.
  • Restaurant-Ready Layout: Designed for food service, this space likely includes areas for dining, kitchen operations, and customer service. The layout is optimized for efficient workflow in a restaurant setting.
  • Furnished Convenience: The space comes furnished, reducing the initial setup costs and time for a new tenant. This can include essential fixtures and fittings suitable for immediate operation.
  • Functional Condition: A 'fairly used' condition suggests the property is operational and has been maintained. Buyers should expect a space that is ready for business with potential for minor cosmetic updates.
  • Essential Utilities: Commercial spaces typically require reliable access to water and electricity for operations. Tenants should verify the capacity and reliability of these services for their specific needs.
  • Security Considerations: Restaurants in commercial areas often benefit from existing neighborhood security measures. It's advisable to assess the specific security features of the property and surrounding area.

Description

• 40 sqm commercial space suitable for a restaurant. • Located in Ikota, a developing area with growing commercial activity. • Furnished with a fair condition interior, ready for immediate use. • Monthly rent is NGN 350,000, with a required 1-year upfront payment. • Additional fees include a caution fee of NGN 35,000 (10% of monthly rent) and legal/agreement fees of NGN 17,500 (5% of monthly rent). • Ideal for a new or expanding food business seeking a prime location.

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ConditionFairly UsedNewly BuiltFairly Used
Property TypeRestaurantApartmentOffice Space
FurnishingFurnishedFurnishedUnfurnished
AddressIkotaGuidna opposite nysc junction kubwa expressway AbjZiks Avenue Awka
Listing byOwnerAgentAgent
Caution Fee₦ 10₦ 50,000—
Square meters40 sqm450 sqm500 sqm
Legal and Agreement Fee₦ 5₦ 50,000—
Price₦ 400,000₦ 500,000₦ 350,000