Function 25 Rooms Hotel

For sale An Exceptional Hospitality & Commercial Investment Opportunity in Ikeja, Lagos Prime location Agidingbi, Ikeja, Lagos, Nigeria Strategically positioned in the heart of Ikeja's thriving industrial and commercial district, . The property is situated directly opposite Boulos Enterprises and is within close proximity to major corporate organizations, manufacturing companies, banks, shopping centres, restaurants, religious centres and government establishments. Nearby Landmarks Opposite Boulos Enterprises Approximately 8 minutes from Ikeja City Mall Approximately 15 minutes from Murtala Muhammed International Airport Easy access to major highways and business districts Property Summary Description Details Land Size: Approximately 1000 Square Metres Building: Three Floors Ownership: 100% Private Ownership Title: Deed of Assignment Status: Fully Equipped, Functional and Operational About is a well-established hospitality business that has successfully operated for more than three decades, earning an enviable reputation for quality service, comfort and customer satisfaction. Over the years, the hotel has built a loyal clientele comprising corporate organisations, business executives, government officials, local and international travellers, religious organisations and repeat guests who regard the hotel as their preferred accommodation whenever they visit Lagos. This sale presents a rare opportunity to acquire not merely a building, but a recognised hospitality brand with a long operating history in one of Lagos' most commercially active locations. Accommodation The hotel comprises 25 tastefully furnished guest rooms, consisting of: 12 Deluxe Rooms 9 Executive Deluxe Rooms 4 Executive Studio Apartments Facilities & amenities The property is fully equipped with operational facilities including: Independent Water Supply (2 Boreholes) Fully Equipped Bar/Restaurant Event Hall (approximately 100-person capacity) Reception & Lobby Manager's Office Pantry Laundry Room Security Office Male Staff Quarters Female Staff Quarters Storage Rooms Ample Parking for approximately 20 Vehicles Investment Highlights Strategic Location Located within one of Lagos' busiest commercial and industrial corridors with excellent accessibility and strong commercial potential. Established Business Successfully operating for over thirty years with an established brand identity and loyal customer base. Multiple Revenue Streams Potential income from: Hotel Accommodation Restaurant Operations Bar Services Event Hall Rentals Corporate Bookings Long-Stay Apartment Rentals Strong Corporate Market Its proximity to major industries and corporate headquarters makes the hotel ideal for corporate lodging, business meetings and executive accommodation. Future Development Potential The property's prime location also makes it suitable for alternative commercial uses, including: Corporate Headquarters Luxury Guest House Medical Facility Office Complex Training & Conference Centre Educational Institution Premium Showroom Mixed-Use Commercial Development Why This Property? Prime Commercial Location Established Hospitality Brand More than 30 Years of Successful Operations Loyal Customer Base Excellent Accessibility Functional Facilities Significant Redevelopment Potential Immediate Income-Generating Asset Asking price: ₦2.5B Inspection Inspection is strictly by prior appointment. Serious enquiries only. A Rare Opportunity to Acquire an Established Hospitality Asset in the Heart of Ikeja.