Hotel / guest house for sale
22 Bedroom Furnished Hotel or Guesthouse
Watch video above Listing Title: Hotel For Sale --- 22‑Room Furnished Hotel/Guesthouse with Restaurant & Bar --- Igando‑Isheri Road (Near Hotel & Odo Eran Bus Stops) Price: ₦200,000,000 (Not Negotiable) (VIDEO AVAILABLE) 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 Contact: Mr. Kola Adesina (EDBA) All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. Serious proposals only. How we work Tell us your needs (budget, location, size). Our team reviews your request and assigns a dedicated relationship manager. We only source conflict-free land and properties with clear titles. We conduct due diligence and arrange site visits. Viewings are by appointments only Finalize purchase, rental or lease with legal support. Please feel free to browse our other featured properties Ref: Blue Ivy
