For Rent: Restaurant, GRA Phase 1, Magodo, Lagos | Nigeria Property Centre (Ref: 3482545)

Restaurant

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Property Description

FOR LEASE FULLY FITTED RESTAURANT SPACE

A rare opportunity to lease a well-positioned, fully structured restaurant space suitable for high-end dining, lounge, or hospitality concepts.

PROPERTY DETAILS
Location: , Isheri, Magodo Phase 1, Ojodu-Berger, Lagos

Use: Restaurant / Lounge / Hospitality
Layout: Dining Area + Bar Section + Kitchen
Condition: Ready for immediate use

FEATURES
Fully fitted bar area
Functional kitchen setup
Existing restaurant layout and structure
Suitable for premium hospitality concepts

LEASE TERMS (SUMMARY)
Lease Type: Commercial Lease Term:
Rent: #5,000,000 (Five Million Naira Only)
Payment Structure: Per Month
Caution Fee: Applicable

IMPORTANT NOTES
Serious enquiries only
Proposed business concept will be reviewed prior to approval

Use of premises must align with agreed hospitality standards
No unlawful or disruptive operations will be permitted..
Centerptprpty


Property Details

Property Ref: 3482545Last Updated: 16 May 2026Market Status: Available
Type: Restaurant / Bar      

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 access to all of the 'good stuff' in Ikeja, such as business and employment opportunities.

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 Lagos co-operative, and many of its staff own homes there.

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 manicures are all available.

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, hairdressing, and sports. Newfield School employs a broad and balanced curriculum based on the Nigerian and British National Curriculums.

Read the full area guide for Magodo, Lagos.

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Disclaimer

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