22 Room Furnished Hotel / Guest House

Property Ref : 3090963

22 bedroom hotel / guest house for rent

Olarewaju Ariyibi Crescent Off Isheri Road, Igando, Ikotun, Lagos

₦20,000,000 per annum

Features

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Hotel For Lease ---
22Room Furnished Hotel/Guesthouse with Restaurant & Bar ---
IgandoIsheri Road (Near Hotel & Odo Eran Bus Stops)
Price: 20,000,000 (Not Negotiable) per annum

(VIDEO AVAILABLE)

Overview:
Rare investment opportunity to lease a furnished 22room hotel located on IgandoIsheri Road, Akowonjo.
The property is being offered as a going concern (turnkey hospitality business, flexible for an investor or operator.

Key Details

- Property type: Hotel / Hospitality asset
- Rooms: 22 guest rooms -furnished
- Additional assets: Restaurant & indoor bar; openair bar/entertainment area
- Plant & equipment included: beds, fridges, air conditioners, furniture, fittings, kitchen equipment
- Title / Documentation: Survey and Deed of Assignment (available for inspection)
- Location: IgandoIsheri Road, Akowonjo LG --- close to Hotel bus stop and Odo Eran bus stop
- Price: 20,000,000 (Fixed)
- Sale basis: As a going concern OR as development land (buyer to confirm intended use)

Property Features & FitOut

- 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 coldstorage included
- Air conditioning installed in guest rooms and key common areas
- Secure compound with parking and ease of access for guests and deliveries
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Location & Market Advantages

- Prime roadside location on IgandoIsheri axis --- high visibility and easy access for road users and intercommunity travellers
- Close to major bus stops (Hotel & Odo Eran), increasing walkin 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 fitout
- Included equipment reduces capex for a new operator and accelerates time to trading

Title, Documents & Due Diligence

- 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

Price & Terms

- Price: 20,000,000 (Twenty Million Naira) per annum
- Price quoted for lease of property and includes fixtures/contents as listed;
- Lessee to bear customary costs (legal fees, stamp duty, transfer fees) unless otherwise agreed

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 appointment only
Finalize purchase, rental or lease with legal support.
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Ref: Blue Ivy

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