Office Space Of 926sqm In A Prime Location
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Property Description
A contiguous serviced office space measuring approximately 542sqm and 384sqm on third (3rd) floor totaling 926sqm.
Term:
Two (2) years certain with rent payable wholly in advance.
Rent:
N46,300,000.00 per annum "exclusive" of Withholding Tax, VAT, Stamp Duty and other statutory deductions/charges totaling N92,600,000.00 for two (2) years term.
Generator Revolving:
10% of total net rent amounting to sum
Security Deposit:
N2,000,000.00
Agency Fee:
10% of total gross rent
Agreement Fee:
10% of total gross rent
Value Added Tax: 7.5% of Rent and professional charges (agency/agreement).
Service Charge Deposit: A sum of N12,000.00/sqm per annum amounting to N11,112,000.00 per annum shall be deposited for provision of "common services" only which covers generator servicing/maintenance, 24 hours security, cleaning of common areas, fumigation, refuse collection and disposal, fire prevention and fighting equipment maintenance, lifts maintenance and servicing, plumbing and electrical installations maintenance and any other common services which in the opinion of the landlord are required for the effective management of the property and convenience of the occupiers.
Power Backup Deposit: Aside monthly electricity bill from public mains, a sum of N6,000,000.00 shall be deposited for provision of alternate power (generator) only for the 542sqm office section while power charges for the 384sqm office section shall be based on the monthly charges at a synchronized rate which shall cover power supply from both public mains and generator.
Other terms and condition apply
Property Details
| Property Ref: 2690720 | Last Updated: 30 Jan 2025 | Market Status: Available |
| Type: Commercial Property | Toilets: 5 |
Interesting Facts
Despite being a small district, Opebi is a unique place to live. Many of the well-known Instagram shops and businesses are available in Opebi, including Spar, Payporte, and Ruff n Tumble, among others.
Leisure and Shopping
Popular Estates
Day Life
The neighbourhood has a few standout spots and a tonne of exciting and entertaining places where you can take a break from the relentless sun or while away a few hours with food and drinks, either by yourself or with family and friends. Every nook and cranny of the area is home to a restaurant, bar, or lounge. KFC Opebi, Big Treat, Chicken Republic, Cakes n' Cream, Sweet Sensation, Bonne Apetie, Ejiros Place, and many more are some of the fun places to sit out and eat.
Night Life
Opebi is one of the best neighbourhoods for a lively evening, even though it isn't always a hotspot for all-night parties. As dusk falls, the area changes into one of Lagos's most upscale entertainment districts with dozens of posh bars and lavish nightclubs like Club Invogue, Stars Night Club, Club ROXY, Classic Lounge, Caribbean Knights Club, MainStreet Bar & Grill, and many others.
Schools
Read the full area guide for Opebi, Ikeja, Lagos.
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Disclaimer
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