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Prime Road-Facing Ground Floor Commercial Space
About this property
Exclusively for direct clients only For lease -- prime road-facing commercial space Oniru, Victoria Island, Lagos. Location: Oniru, Vi An excellent opportunity to secure a strategically positioned, road-facing ground-floor commercial space in Victoria Island. This fully serviced property offers excellent road visibility, convenient ground-floor access and flexible space options for businesses seeking a premium commercial address. Financial summary Option 1: entire ground floor (100 SQM)
- Annual Rent: ₦40,000,000
- Service Charge Deposit: ₦2,500,000 (estimated)
- Agency Fee (10%): ₦4,000,000
- Legal Fee (5%): ₦2,000,000
- Caution Deposit (5%): ₦2,000,000
Total initial package: ₦50,500,000 Option 2: half ground floor (50 SQM)
- Annual Rent: ₦20,000,000
- Service Charge Deposit: ₦2,500,000 (estimated)
- Agency Fee (10%): ₦2,000,000
- Legal Fee (5%): ₦1,000,000
- Caution Deposit (5%): ₦1,000,000
Total initial package: ₦26,500,000 Service charge deposit is estimated to cover six months' usage. Final charges and allocation per unit are subject to confirmation. Property Highlights
- Prime road-facing commercial location
- Ground-floor commercial accommodation
- Entire ground floor measuring 100 sqm
- Flexible 50 sqm leasing option
- Existing shop units
- Fully serviced commercial property
- 24-hour power supply
- Convenient ground-floor access
- Suitable for various commercial activities
- Strategic Victoria Island business location
Permitted operating hours Monday -- Saturday 9:00 AM -- 9:00 PM Ideal for:
- Premium retail stores and boutiques
- Corporate showrooms
- Beauty salons and wellness studios
- Fashion and lifestyle brands
- Professional service businesses
- Specialty retail outlets
- Other approved commercial uses
All proposed uses are subject to the landlord's approval and applicable regulations. Inspection & enquiries Knight Angels Realties Limited Premium Residential Commercial Investment Properties Call/WhatsApp: 07038451502 Inspection fee applies. Availability, service charge allocation and lease terms are subject to confirmation.
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Area guide — Victoria Island (VI)
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-fille...
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, cosm...
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...
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 Is...
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 on...
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...
Read the full area guide for Victoria Island (VI), Lagos
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Disclaimer
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