Here is a fantastic opportunity to lease a highly profitable popular hotel, at a prime location in the heart of lekki phase 1,lagos nigeria .
it a 17 room hotel for lease outrightly.
features includes:
it includes 17 guest rooms
+ outdoor bar,
dinning restaurant,
lobby,
indoorpool,
breakfast room,
conference room,
and parking lot.
standby generator
it a state of the art classic storey building.
the rooms are classified into
small rooms
medium rooms and
large rooms.
potential annual revenue for a small room is =25,000,000 +(twenthy five million naira plus).
based on 35,000 naira/nightly rate.
the payback period for this investment is 5 months
last renovated in 2020 with new door locks, ac, modern bathrooms,and best interior furnishings.
real estate information:
the entire real estate building, furniture's and fixtures are included in the lease.
more than 500 cars drive- bye daily along the street on which the hotel is located.
premises details:
the hotel sits in a 1,100sqm corner piece land at a busy street intersection.
size in square metres:
approximately 1,100 sqms.
business operations:
expansion potential: the profit centres can be expanded to increase more revenue.
competition / market:
no competition for this kind of hotel
due to its standard in all directions. due to recent renovations and developments occupancy rates continue to increase despite the economic situations
reasons for leasing:
the owner needs cash.
trading hours:
24/7 operation since its a hotel. limited opening hours is possible but not recommended since it is a hotel.
employees:
the workforce is within 20 to 30 staff strength when fully in operation
years established:
the hotel have a rich history,spanning over 10 years in existence,with solid customer base that patronise the business all year round due to it reputable brand.
it a quick start for you if you are thinking of venturing into the hotel business and diversifying your investment, by leveraging on the existing customer base, you start making money from day one,than starting a new hotel from scratch.
it is a hands-down favorite among local residents, out of state customers and international business moguls that frequent the hotel during their stay here on the island.they have a very loyal following.
the company generate millions of naira in revenue monthly.
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asking lease price is 85,000,000 million naira per annum.
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sales revenue is in millions of naira per week.
this impressive hotel had strong sales throughout covid 19 0utbreak and is now selling more rooms than ever currently.
it is close to prominent companies headquarters, medical facilities, shopping malls, restaurants, cinemas,event centres.
and it a 5 minutes drive to the financial power house of lagos and world of corporate organisations here in lekki.
this is a rare passive investment opportunity in an affluent neighborhood of lekki, top branded boutique hotel, fully renovated to the fine standards of a luxury hotel.
profitable hotel with real estate and secured revenue near corporate headquarters.
solid revenue,great location in lekki,great interior designs and furnishings, well maintained and profitable.
important notice:
rentinlagos.ng are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. they assume no responsibility for any statement that may be made by word of mouth or in writing.
these descriptions do not form part of any offer or contract and "information" must not be relied upon as statements, representations or facts.
all measurements, areas and distances are approximate and for guidance.
all descriptions, conditions, permission for use and occupations should not be relied upon and it should not be assumed that the property has all necessary planning, building regulation or other consents.
services, equipment and facilities etc have not been tested. any interested party must satisfy themselves on these matters by inspection, independent advice or otherwise.
photos, video's, virtual tours etc show only certain parts of the property as they appeared at the time of inspection
you can't afford to miss this opportunity to invest in a rare gem cash cow money spinning business opportunity.
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