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