17 bedroom commercial property for rent
Lekki Phase 1, Lekki, Lagos
For lease
17 room hotel for lease
price: n65m/annum
location: lekki phase 1
here is a fantastic opportunity to lease a highly profitable popular hotel, at a prime location in the heart of lekki phase 1, lagos nigeria.
it a 17 room hotel for lease by the owner outrightly.
features includes:
it includes 17 guest rooms
+ outdoor bar,
dining restaurant,
lobby,
indoor pool,
breakfast room,
conference room,
and parking lot.
standby generator
it a state-of-the-art classic storey building.
the rooms are classified into
small rooms
medium rooms and
large rooms.
potential annual revenue for a small room is =25,000,000 + (twenty-five million naira plus).
based on 35,000 naira/nightly rate.
the payback period for this investment is 5 months
last renovated in 2020 with new door locks, ac, modern bathrooms, and best interior furnishings.
real estate information:
the entire real estate building, furniture's and fixtures are included in the lease.
more than 500 cars drive- by daily along the street on which the hotel is located.
premises details:
the hotel sits in a 1,100sqm corner piece land at a busy street intersection.
size in square meters:
approximately 1,100 sqms.
business operations:
expansion potential: the profit centers can be expanded to increase more revenue.
competition / market:
no competition for this kind of hotel
due to its standard in all directions. due to recent renovations and developments occupancy rates continue to increase despite the economic situations
reasons for leasing:
the owner needs cash.
trading hours:
24/7 operation since it's a hotel. limited opening hours is possible but not recommended since it is a hotel.
employees:
the workforce is within 20 to 30 staff strength when fully in operation
years established:
the hotel has a rich history, spanning over 10 years in existence, with solid customer base that patronize the business all year round due to it reputable brand.
it a quick start for you if you are thinking of venturing into the hotel business and diversifying your investment, by leveraging on the existing customer base, you start making money from day one, instead of starting a new hotel from scratch.
it is a hands-down favorite among local residents, out of state customers and international business moguls that frequent the hotel during their stay here on the island. they have a very loyal following.
the company generate millions of naira in revenue monthly.
sales revenue is in millions of naira per week.
this impressive hotel had strong sales throughout covid 19 0utbreak and is now selling more rooms than ever currently.
it is close to prominent companies' headquarters, medical facilities, shopping malls, restaurants, cinemas, event centers.
and it a 5 minutes' drive to the financial powerhouse of lagos and world of corporate organizations here in lekki
for more enquiries and inspection please call us on 09098586908 08090876670
follow us on instagram on:@rosemondhillsperties
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More details
₦65,000,000 per annum
Rosemond Hills Limited
08117340933
