10 Floor Commercial Office Building

LOCATION: Broad Street, Lagos Island, Lagos.

OWNERS: Corporate Owners.

CONDITION OF PROPERTY: The property was designed and built by Cappa De Alberto and recently fully refurbished in 2023 with brand new facilities; floor, ceiling, AC, Electrical and plumbing fittings amongst others.

LAND SIZE: 600 sqm.

TITLE: Certificate of Occupancy.

BUILDING HEIGHT: 10 Floors with roof terrace.

FLOOR SIZE: Approx. 230 sqm Net floor Area / floor totally 2,300 Net Floor Area.

ASKING PRICE: N4,000,000,000.00 (Four Billion Naira Only.)

THE NEIGBHOURHOOD / LOCATION ADVANTAGE : Located directly on Broad Street, Lagos Island -- the nation's oldest and busiest commercial corridor, home to major financial institutions and corporate organizations:Close to UBA House, First Bank HQ, Union Bank, CBN Annex.Walking distance to CMS & Marina Transport Hub.Surrounded by banks, corporate offices, law firms, government agencies.Excellent road and public transport connectivity including the Lagos Blue Rail Corridor.

THE PROPERTY
GROUND FLOOR
Reception Area.
Power Room.
Water Pump Room.
15,000 ltrs underground Diesel tank plus
7000ltrs surface diesel tank.
Borehole with 20,000ltrs underground water tank plus water treatment system.
Note that ground water from borehole is free from salt.
Waste treatment System.

TYPICAL FLOOR DESIGN
Each floor has the following: Open plan 230sqm space.3 Toilets with the 10th floor having 4No. Toilets.1 Power Room.1 kitchen.1 central A/C Room.Storage area / Room. This is replicated from 1st floor to 10th floor with each floor partitioned with various designs using top notch finishing, aluminum glazed and false partition walls.

ACCESS TO UPPER FLOOR
2 No. Functional and well maintained lift.1 No. internal Entry Staircase.1 No. Internal Exit Staircase.

ELECTRICITY
The Property is powered from public mains by a dedicated 500KVA transformer.Electricity is central with the main power room on the ground floor and respective panel on each floor. Alternate power is also central with the entire building presently powered by a 500kva Diesel generator.

WATER SOURCE
Water supply is from a sunk borehole within the premises supported by a water treatment plant system which supplies water to a 20,000ltrs underground tank from where water is also taken to a 7000ltrs overhead tank on the roof terrace. Here water is supplied via a pressure pump for domestic use on each of the floors.The 7th 9th and 10th floor have additional central water heaters respectively.Please be aware that groundwater is salt and iron free.

AIRCONDITION SYSTEM
Air-condition is central.Cooling on each floor is powered by a 20 tons Trane Central Air Condition System installed in 2023 with vents installed across each floors respectively. FIRE PREVENTION / SAFETY SYSTEMFunctional entry and exit staircase.Water hydrant outside the building.High pressured water hose on each floor which is maintained and service. Fire alarm / smoke detectors on all floors and common parts.All system are periodically serviced and maintained in conjunction with the Lagos state fire service periodically.
RENTAL STATUS
3rd FLOOR TO 10TH FLOOR is presently not tenanted. Vacant possession is guaranteed.
Half of 2nd Floor is occupied by a tenant.
1st floor is occupied by a commercial bank.

KEY FEATURES
10 floors of open plan commercial office space
Approx. 230 sqm Net floor Area / floor totally 2300 Net Floor Area.Central Air Cooling System
Fire Safety System installed
CCTV Surveillance System
2 No. Passenger Elevator
Dedicated Reception Area
2 Staircases (Entry/Exit)
Office-ready floors with functional layouts
Good natural lighting and ventilation
High commercial visibility
Easily accessible from Marina and Outer MarinaSound Proof Floors

INVESTMENT BENEFITS
Ideal for Corporate Head Office
Suitable for Bank Branch or Financial Institution
Perfect for Co-working, Business Plaza or Lease Investment
Prime Central Business District Location