468sqm Open Plan Office Space
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Property Description
PROPERTY ADDRESS: Victoria Island,
LETTABLE SPACE: Open Office Space measuring 468.83sqm
RENT N 100,000/ sqm per annum (net of all taxes)
TERM: 2 years Minimum (Payable in advance)
USE: Corporate Office
AGENCY FEE: 10% of Gross Rent (net of all taxes).
LEGAL FEE: 10% of Gross rent (net of all taxes).
SERVICE CHARGE : N25, 000 per square metre p.a (net of all taxes).
ENERGY DEPOSIT: N 5m deposit (Monthly bills will be sent and account rendered and account to be reimbursed when exhausted)
SERVICES:
Electricity supply via EKEDC or 200 KVA & 100KVA diesel generators. Electricity Meters for monitoring the consumption rates of diesel and supply of EKEDC power, Sewage dislodgement, Waste disposal, Fumigation, CCTV Cameras, cleaning of common parts, gardening and landscaping, refuse disposal, sanitation, firefighting systems, security personnel, lift maintenance, general maintenance services and other ancillary service.
FIT OUT PERIOD: A period of 30 (Thirty) calendar days prior to the Tenancy. Commencement date will be the Tenant fit-out period and no basic rent shall be payable during this time. However, service charge and utility consumption charges will be payable during this period.
BENEFICIAL OCCUPATION DATE: Immediately upon confirmation of payment
TENANCY COMMENCEMENT DATE: 30 calendar days from payment date.
SCHEDULED OPENING HOURS: To be discussed
SECURITY DEPOSIT: The equivalent of three month's rent or a bank guarantee from a Nigerian bank as Security Deposit being the assurance afforded the Lessor against any damage, loss or liability that may be suffered by reason of a breach of the terms of the Lease.
ALOTTED 3 parking lots within the property.
PARKING:
Property Details
| Property Ref: 2676110 | Last Updated: 22 Jan 2025 | Market Status: Available |
| Type: Office Space | Parking Spaces: 3 |
Interesting Facts
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.
Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.
Leisure and Shopping
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.
Popular Estates
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.
1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.
There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.
Day Life
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.
Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.
Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.
Night Life
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.
If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.
Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.
At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.
Schools
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).
Read the full area guide for Victoria Island (VI), Lagos.
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