22 Room Fully Furnished Hotel = Restaurant +bar On Offer

Listing Title:
Hotel For Sale --- 22‑Room Fully Furnished Hotel with Restaurant & Bar --- Igando‑Isheri Road (Near Hotel & Odo Eran Bus Stops)
Price: ₦200,000,000 (Not Negotiable)

Overview:
Rare investment opportunity to acquire a fully furnished 22‑room hotel located on Igando‑Isheri Road, Akowonjo. The property is being offered as a going concern (turnkey hospitality business) or as development land with demolishable structures --- flexible for an investor, operator or developer. Well‑appointed guest rooms, F&B outlet(s), substantial plant & equipment and robust back‑up power make this a high‑value, immediately revenue‑generating asset in a prime commuter location.

Key Details

- Property type: Hotel / Hospitality asset (or development land if buyer chooses demolition)
- Rooms: 22 guest rooms --- fully furnished
- Additional assets: Restaurant & indoor bar; open‑air bar/entertainment area
- Plant & equipment included: beds, fridges, air conditioners, furniture, fittings, kitchen equipment (sold with property)
- Power backup: 30 kVA sound‑proof CAT generator + 3.5 kVA fuel generator
- Title / Documentation: Survey and Deed of Assignment (available for inspection)
- Location: Igando‑Isheri Road, Akowonjo LG --- close to Hotel bus stop and Odo Eran bus stop
- Price: ₦200,000,000 (Fixed)
- Sale basis: As a going concern OR as development land (buyer to confirm intended use)

Property Features & Fit‑Out

- 22 fully furnished rooms ready for immediate operation (inventory and room mix available on request)
- Functional restaurant and indoor bar configured for hotel guests and external patrons
- Open space bar/entertainment area suitable for events, social nights and extra F&B revenue
- Commercial kitchen equipment and cold‑storage included
- Air conditioning installed in guest rooms and key common areas
- Secure compound with parking and ease of access for guests and deliveries
- Strong plant: 30 kVA sound‑proof CAT generator for reliable power; 3.5 kVA generator for light loads/standby

Location & Market Advantages

- Prime roadside location on Igando‑Isheri axis --- high visibility and easy access for road users and inter‑community travellers
- Close to major bus stops (Hotel & Odo Eran), increasing walk‑in traffic and patronage
- Good catchment of business travellers, local tourists, contractors and commuter demand along the corridor
- Proximity to residential estates, road networks and commercial activity supports steady occupancy and F&B patronage

Business & Investment Appeal

- Turnkey hospitality business --- immediate revenue potential with existing physical assets and operational fit‑out
- Asset can be held as an income producing property or redeveloped into higher value uses (residential, mixed‑use or larger hospitality product) subject to planning approvals
- Included equipment reduces capex for a new operator and accelerates time to trading
- Generator capacity provides resilience in an area where reliable power supply is a competitive advantage

Title, Documents & Due Diligence

- Documents available: Survey and Deed of Assignment --- originals to be made available to serious buyers
- Recommended buyer due diligence:
- Verify Survey & Deed of Assignment at Land Registry
- Confirm any outstanding rates, taxes or levies
- Check business licences, health/fire safety certificates, and food service permits (if operating)
- Inspect plant & equipment inventory and condition schedule
- Review financials (if acquiring as a going concern): occupancy, revenues, operating costs and staff contracts
- Physical inspection of building fabric, roof, plumbing, electrical and generator servicing records

Price & Terms

- Price: ₦200,000,000 (Two Hundred Million Naira) (Not Negotiable_
- Price quoted for sale of property and included fixtures/contents as listed; final terms negotiable for credible/ready buyers
- Buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees) unless otherwise agreed
- Proof of funds required before full document release and accompanied viewings

Viewing & Next Steps

- Site visits and full document pack available by appointment to serious and qualified buyers
- Detailed inventory, room mix, photos and any financial information can be provided on request after proof of interest
- To progress: provide proof of funds/seriousness and preferred contact details to arrange an accompanied inspection and to receive the full sale dossier

Ref: Blue Ivy