Hotel / guest house for sale
Hotel / guest house for sale
22 Room Furnished Hotel / Guest House
About this property
For sale: 22‑room furnished hotel / guesthouse with restaurant & bar --- Video available --- Turnkey hospitality investment in a high‑visibility roadside location (near Hotel & Odo Eran bus stops). Property Summary
- Property type: Hotel / Hospitality asset (going concern)
- Location: Igando‑Isheri Road, Akowonjo (close to Hotel & Odo Eran bus stops)
- Rooms: 22 furnished guest rooms (inventory and room mix available on request)
- Additional assets: Restaurant & indoor bar; open‑air bar / entertainment area
- Included plant & equipment: Beds, fridges, air conditioners, furniture, fittings, kitchen equipment, commercial cold storage
- Site: Secure compound with guest parking and easy service access
- Sale basis: For sale as a going concern (turnkey hospitality business) or as development land --- buyer to confirm intended use
- Title / Documentation: Survey and Deed of Assignment (available for inspection)
Key features & fit‑out
- 22 fully furnished rooms ready for immediate operation
- Functional restaurant and indoor bar configured for hotel guests and external patrons
- Open‑air bar / entertainment area suitable for events and additional F&B revenue
- Commercial kitchen equipment and cold storage included, reducing immediate capex
- Air conditioning in guest rooms and key common areas
- Secure compound with parking and straightforward guest access
Location & market advantages
- Prime roadside position on the Igando‑Isheri axis --- excellent visibility and drive‑by exposure
- Immediate catchment from major bus stops (Hotel & Odo Eran) boosting walk‑in trade
- Strong demand from business travellers, contractors, local tourists and commuters
- Proximity to residential estates and commercial activity supports steady occupancy and F&B patronage
Business & Investment Appeal
- Turnkey operation with inventory and operational fit‑out included --- immediate revenue potential
- Attractive for operators seeking fast market entry or investors seeking an income asset
- Option to acquire as development land for alternative uses (subject to approvals)
Title, documents & due diligence
- Survey and Deed of Assignment available for inspection
- Recommended buyer checks: verify Survey & Deed at Land Registry; confirm outstanding rates/taxes; review business licences, health/fire safety and food service permits
- Detailed documentation and commercial discussions provided on a confidential basis subject to a signed nda
Video & viewings
- Video of the property available
- Viewings and detailed inspections by appointment only; serious buyers only
Contact Mr. Kola Adesina (EDBA)All enquiries, nda requests, and offers to: [Insert phone number / email]Serious proposals only --- detailed documentation will be shared on execution of an nda.
Features and amenities
Interior & Finishing
Tiled floorsProperty details
Area guide — Ikotun
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, Ade...
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 th...
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...
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, Soli...
Read the full area guide for Ikotun, Lagos
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