Premium
₦60,000,000
Restaurant / bar for rent
Self Compound Lounge/Restaurant with Pitch
Magodo, Lagos
Featured
Restaurant / bar for rent
Lounge and Open Bar Space
Magodo Isheri Road, Magodo, Lagos
₦15,000,000
per annum
Ref ID: #370-627-4
Posted 2 Oct 2026
2 Oct 2026
more photos
Restaurant /
Property type
About this property
Lounge and opening bar space for rent, prime Magodo Isher Road location. Year: 1yr rent annual 15m For 2yrs: 12.5m per annual, 2yr rent make 25m An exciting opportunity to establish your lounge bar, restaurant or entertainment business in a strategically located commercial space on the main road in Isher Magodo Road. The property offers a spacious combination of indoor and outdoor area providing the flexibility to create a vibrant lounge open bar restaurant event venue or nightlife destination. Property features:
- Spacious outdoor area accommodation approximately 70-100 guest depending on seating arrangements perfect for an open bar outdoor and lounge dining entertainment and event
- Indoor lounge space approximately 60-80 guests depending on layout and arrangements
- Kitchen area suitable for food preparation and catering operations
- Storage area convenient space for beverages food supplies, equipment and other operation needs
- Staff room dedicated
Property details
Reference ID
#370-627-4
Listed by
Davison Shony International Agency/Estate and Business Management
Property type
Restaurant / Bar
Listing status
Restaurant / bar for rent
Area guide — Magodo
Interesting Facts
Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives...
Leisure and Shopping
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Popular Estates
Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of La...
Day Life
Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicure...
Night Life
Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.
Schools
Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making,...
Read the full area guide for Magodo, Lagos
Similar properties in Magodo
More commercial property for rent in Magodo
Premium
₦15,000,000
Office space for rent
5 Bedroom Detached Duplex
Magodo, Lagos
5 beds
5 baths
Featured
₦35,000,000
Commercial property for rent
A Semi Detached Commercial Property with Glass House
Magodo, Lagos
8 beds
8 baths
Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Davison Shony International Agency/Estate and Business Management. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
Popular locations in Magodo
Estates and areas near this property — pick one to see what's available.
