Prestigious & Functional Hotel Situated On A Full Plot Of Land
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Property Description
This functional hotel, situated on a full plot of land, offers an exceptional opportunity for investment in the heart of Ikotun, Lagos State, very close to the renowned Synagogue Church. The hotel features 30 well-maintained rooms, designed for both short and long-term stays, providing a steady stream of revenue. In addition to the rooms, the property boasts an open bar for social gatherings, a fully equipped kitchen ideal for catering, and a dedicated MD's office for management operations. The hotel is set in a prime location with easy access to main roads, ensuring high visibility and convenience for guests. The premises are fenced for security, creating a safe and comfortable environment for both guests and staff. The land size is expansive, allowing for future expansion or additional facilities. Title: Receipt and Survey, ensuring the property's legitimacy. Price: ₦160 Million asking, offering a great value for a well-established and profitable hospitality business.
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Property Details
| Property Ref: 2674198 | Added On: 21 Jan 2025 | Last Updated: 21 Jan 2025 |
| Market Status: Available | Type: Hotel / Guest House | Bedrooms: 30 |
| Total Area: 670 sqm |
Interesting Facts
Ikotun hosts West Africa's most visited religious tourism site; The Synagogue Church of All Nations and is home to one of Lagos state's largest marketplaces; Ikotun Market. The popular Nigerian singer and songwriter, Adekunle Gold was also raised in the neighbourhood.
Leisure and Shopping
Ikotun Market is one of the largest markets in Lagos State and is available to cater to the shopping needs of its residents. KAF Mall, Twins Faja Supermarket and Sengabis Supermarket are indoor shopping options within the area.
Popular Estates
Given the large population of people that reside in Ikotun, it would be absurd if there were not enough housing alternatives in the vicinity. Peace Estate, as the name suggests, is a very serene option whereas Adams and Diamond Estates provide reasonably priced properties.
Day Life
Ikotun is a wonderful area to visit if you want to unwind. Watch a movie at Filmworld Cinemas, cool off at the pool in Brainfield Event Centre, dine at Food City and Dominos Pizza or enjoy ice cream at Coldstone Creamery.
Night Life
Even at night, Ikotun bustles with activity. Popular nightlife spots include Ace Lounge, The Place, Club Hardrock, and The Leo Club.
Schools
Crestview International Schools, which includes a crèche, nursery, primary, and secondary school, is one of the most well-known schools in Ikotun. Other prominent schools in the area include Fortune Private Schools, Solid Steps International School, and Molan Schools.
Read the full area guide for Ikotun, Lagos.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Eniola Ogunmuyide & Partners. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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46, Old Ota Road, Olota, Off Ekoro Junction, Abule Egba, Lagos, Nigeria
0803 XXXX Show Phone
+2348033910359
Registered 9 years ago
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