18 Bedroom Commercial Property on Allen Avenue, Ikeja, Lagos

Hotel lease 32 rooms hotel with gym, swimming pool and event lounge location: joel ogunaike, gra ikeja, lagos event lounge / function executive summary an attractive, fully fitted 32‑room hotel in the prestigious gra ikeja precinct is available for long‑term lease. the property features guest rooms, a gym, a dedicated swimming pool, and a hotel lounge/function space --- ideal for boutique hotel operators, leisure brands, corporate hospitality groups, investor‑operators seeking immediate market entry in a high‑demand location. investment & operational highlights - prime gra ikeja location on joel ogunaike --- excellent accessibility and strong demand from corporate and leisure travellers. - turnkey hotel operation: 32 guest rooms ready for immediate letting (subject to handover). - amenities include gymnasium, outdoor/indoor swimming pool, and a dedicated hotel lounge/function space. - attractive lease term suitable for brand operators seeking long‑term presence without capital acquisition. - ideal for conversion to boutique lifestyle, business hotel, or premium short‑stay accommodation. property specifications & facilities - guest rooms: 32 rooms (mix and sizing to be confirmed on inspection; typically combination of standard and executive rooms). - leisure facilities: fully equipped gym; swimming pool with guest deck. - events: hotel lounge / function area available for private booking. - food & beverage: onsite restaurant / breakfast service potential (confirm existing kitchen specification). - back of house: staff rooms/quarters, laundry, storage and service areas (subject to verification). - parking: onsite guest and staff parking (capacity to be confirmed). - title & compliance: leasehold / landlord‑managed asset --- title and regulatory compliance documentation to be provided during due diligence. location & accessibility - situated within gra ikeja --- a sought‑after, secure residential and commercial district with close proximity to corporate offices, government institutions, shopping centres and transport links. - easy access to allen avenue, obafemi awolowo / ogundana and the wider ikeja business district. revenue potential & use cases - core revenue streams: room nights, f&b, events/lounge hire, meetings and ancillary services. - strong catchment: corporate travelers, event hosts, short‑stay tourists and visiting professionals. - opportunity to increase adr and occupancy through active sales, corporate contracts and digital distribution channels. lease terms annual rent: n500 million naira minimum of 4 years rent payable in advance - lease duration: 10 years and more - interested parties should be financially pre‑qualified; proof of funds and operator credentials will be required. contact: highbrow realty 08164941...