18 Bedroom Commercial Property in Igando, Ikotun, Lagos

For sale a non functional hotel with big expanse of land in a serene environment, directly facing lasu - igando road is out for sale. sitting on three (3) acres of land on a 2 streets corner piece. driver: - twenty minutes drive to airport. - lagos state university - igando general hospital - diamond estate good for: - hotel - event center - manufacturing company - real estate - shopping mall - school etc plot size: three (3) acres documents: c of o price: #1, 700, 000, 000 owner is ready for business ...

Watch video above listing title: hotel for sale --- 22‑room fully furnished hotel with restaurant & bar --- igando‑isheri road (near hotel & odo eran bus stops) price: ₦200,000,000 (not negotiable) (video available) overview: rare investment opportunity to acquire a fully furnished 22‑room hotel located on igando‑isheri road, akowonjo. the property is being offered as a going concern (turnkey hospitality business) or as development land with demolishable structures --- flexible for an investor, operator or developer. well‑appointed guest rooms, f&b outlet(s), substantial plant & equipment and robust back‑up power make this a high‑value, immediately revenue‑generating asset in a prime commuter location. key details - property type: hotel / hospitality asset (or development land if buyer chooses demolition) - rooms: 22 guest rooms --- fully furnished - additional assets: restaurant & indoor bar; open‑air bar/entertainment area - plant & equipment included: beds, fridges, air conditioners, furniture, fittings, kitchen equipment (sold with property) - power backup: 30 kva sound‑proof cat generator + 3.5 kva fuel generator - title / documentation: survey and deed of assignment (available for inspection) - location: igando‑isheri road, akowonjo lg --- close to hotel bus stop and odo eran bus stop - price: ₦200,000,000 (fixed) - sale basis: as a going concern or as development land (buyer to confirm intended use) property features & fit‑out - 22 fully furnished rooms ready for immediate operation (inventory and room mix available on request) - functional restaurant and indoor bar configured for hotel guests and external patrons - open space bar/entertainment area suitable for events, social nights and extra f&b revenue - commercial kitchen equipment and cold‑storage included - air conditioning installed in guest rooms and key common areas - secure compound with parking and ease of access for guests and deliveries - strong plant: 30 kva sound‑proof cat generator for reliable power; 3.5 kva generator for light loads/standby location & market advantages - prime roadside location on igando‑isheri axis --- high visibility and easy access for road users and inter‑community travellers - close to major bus stops (hotel & odo eran), increasing walk‑in traffic and patronage - good catchment of business travellers, local tourists, contractors and commuter demand along the corridor - proximity to residential estates, road networks and commercial activity supports steady occupancy and f&b patronage business & investment appeal - turnkey hospitality business --- immediate revenue potential with existing physical assets and operational fit‑out - asset can be held as an income producing property or redeveloped into higher value uses (residential, mixed‑use or larger hospitality product) subject to planning approvals - included equipment reduces capex for a new operator and accelerates time to trading - generator capacity provides resilience in an area where reliable power supply is a competitive advantage title, documents & due diligence - documents available: survey and deed of assignment --- originals to be made available to serious buyers - recommended buyer due diligence: - verify survey & deed of assignment at land registry - confirm any outstanding rates, taxes or levies - check business licences, health/fire safety certificates, and food service permits (if operating) - inspect plant & equipment inventory and condition schedule - review financials (if acquiring as a going concern): occupancy, revenues, operating costs and staff contracts - physical inspection of building fabric, roof, plumbing, electrical and generator servicing records price & terms - price: ₦200,000,000 (two hundred million naira) (not negotiable_ - price quoted for sale of property and included fixtures/contents as listed; final terms negotiable for credible/ready buyers - buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees) unless otherwise agreed - proof of funds required before full document release and accompanied viewings contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: blue ...