24 Bedroom Furnished Commercial Property for Rent in Lagos

Hotel lease 32 rooms hotel with gym, swimming pool and event lounge location: joel ogunaike, gra ikeja, lagos event lounge / function executive summary an attractive, fully fitted 32‑room hotel in the prestigious gra ikeja precinct is available for long‑term lease. the property features guest rooms, a gym, a dedicated swimming pool, and a hotel lounge/function space --- ideal for boutique hotel operators, leisure brands, corporate hospitality groups, investor‑operators seeking immediate market entry in a high‑demand location. investment & operational highlights - prime gra ikeja location on joel ogunaike --- excellent accessibility and strong demand from corporate and leisure travellers. - turnkey hotel operation: 32 guest rooms ready for immediate letting (subject to handover). - amenities include gymnasium, outdoor/indoor swimming pool, and a dedicated hotel lounge/function space. - attractive lease term suitable for brand operators seeking long‑term presence without capital acquisition. - ideal for conversion to boutique lifestyle, business hotel, or premium short‑stay accommodation. property specifications & facilities - guest rooms: 32 rooms (mix and sizing to be confirmed on inspection; typically combination of standard and executive rooms). - leisure facilities: fully equipped gym; swimming pool with guest deck. - events: hotel lounge / function area available for private booking. - food & beverage: onsite restaurant / breakfast service potential (confirm existing kitchen specification). - back of house: staff rooms/quarters, laundry, storage and service areas (subject to verification). - parking: onsite guest and staff parking (capacity to be confirmed). - title & compliance: leasehold / landlord‑managed asset --- title and regulatory compliance documentation to be provided during due diligence. location & accessibility - situated within gra ikeja --- a sought‑after, secure residential and commercial district with close proximity to corporate offices, government institutions, shopping centres and transport links. - easy access to allen avenue, obafemi awolowo / ogundana and the wider ikeja business district. revenue potential & use cases - core revenue streams: room nights, f&b, events/lounge hire, meetings and ancillary services. - strong catchment: corporate travelers, event hosts, short‑stay tourists and visiting professionals. - opportunity to increase adr and occupancy through active sales, corporate contracts and digital distribution channels. lease terms annual rent: n450 million naira minimum of 4 years rent payable in advance - lease duration: 10 years and more - interested parties should be financially pre‑qualified; proof of funds and operator credentials will be required. contact: highbrow realty 08164941...

Description a purpose-built and strategically located 3-star hotel on 4 floors with basement and penthouse, offering excellent commercial visibility and dual access. the hotel features over 39 units of accommodation each ensuite with toilet and balconies, a penthouse, multiple mini-suites, restaurant, bar, equipped gym, event hall, and other functional spaces, making it ideal for hospitality investors, corporate lodging operators, and short-let investors. location: abe street, onipanu, lagos. the hotel enjoys dual entry and exit point via abe street and oluwatoyin street, onipanu, lagos. it is highly visible and accessible to ikorodu road via conoil filling station by onipanu bus stop. accommodation details  39 units of rooms (23 single rooms & 16 mini-suites) spread across 4 floors;  penthouse office space (en-suite);  all rooms ensuite with toilet and balconies;  basement with gym, conference hall, vip bar/lounge & office space;  reception, restaurant, bar, kitchen & gift shop on ground floor;  multiple office space on various floors; and,  mini event halls. facilities & amenities  cctv camera  internet facility  elevators with 2 pairs of stairs at both ends  equipped gym  200 & 114 kva back-up generators  dedicated transformer  adequate parking space  fenced and gated  fire-fighting equipment installed (extinguishers) attractions to the property ocol hotel presents an exceptional opportunity for operators seeking a fully fitted, fully furnished, and immediately occupiable hospitality asset in a thriving lagos corridor. strategically located just off ikorodu road, the property enjoys excellent visibility, access, and consistent traffic flow within a high-demand hospitality zone renowned for strong occupancy and attractive investment returns. its proximity to major commercial hubs, residential estates, business districts, and transport links ensures a continuous stream of guest traffic and positions the hotel advantageously within the mainland market. the hotel is offered vacant, providing a true plug-and-play advantage with all fittings, furnishings, and operational facilities, including the front desk/reception area, kitchen, restaurant, bar, conference rooms, guest rooms, and suites; ready for immediate occupation, thereby eliminating significant capital outlay or setup time. its design supports diverse and profitable revenue channels spanning accommodation, conference and event hosting, restaurant and bar operations, fitness facilities, and outdoor relaxation spaces. this makes the property highly suitable for hospitality investors, short-let operators, corporate housing providers, medical hospitality extensions, or hybrid operators seeking flexibility and scale. ocol hotel also offers well-appointed guest rooms with modern amenities such as air-conditioning, contemporary bathrooms, workspaces, and quality bedding, complemented by on-site dining, a bar/lounge, meeting rooms, wi-fi throughout the premises, a structured 24-hour front desk, and efficient housekeeping and laundry layouts. the facility's operational strength is further enhanced by ample parking, reliable power infrastructure with alternative backup, and robust security systems comprising cctv coverage, gated entry, and access control. situated within a secure and organized neighborhood, the hotel benefits from a good road network and easy connectivity to key routes. its strong commercial frontage provides excellent branding visibility, making it ideal for operators looking to strengthen or expand their presence on lagos mainland. with flexibility for positioning as a mid-scale business hotel, boutique establishment, or mixed hotel/short-let operation, ocol hotel delivers both immediate operational readiness and long-term growth potential for the right operat...