09028190510 • [email protected]
Olarewaju Ariyibi Crescent Off Isheri Road, Igando, Ikotun, Lagos
₦222,000,000
| Property Ref: 3090963 | Added On: 12 Sep 2025 | Last Updated: 01 Oct 2026 |
| Market Status: Available | Type: Hotel / Guest House | Bedrooms: 22 |
| Bathrooms: 22 | Toilets: 24 | Parking Spaces: 12 |
| Furnishing: Furnished | Total Area: 1,200 sqm |
FOR SALE: 22ROOM FURNISHED HOTEL / GUESTHOUSE WITH RESTAURANT & BAR ---
VIDEO AVAILABLE --- Turnkey hospitality investment in a highvisibility roadside location (near Hotel & Odo Eran bus stops).
PROPERTY SUMMARY
- Property type: Hotel / Hospitality asset (going concern)
- Location: IgandoIsheri 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; openair 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 & FITOUT
- 22 fully furnished rooms ready for immediate operation
- Functional restaurant and indoor bar configured for hotel guests and external patrons
- Openair 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 IgandoIsheri axis --- excellent visibility and driveby exposure
- Immediate catchment from major bus stops (Hotel & Odo Eran) boosting walkin 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 fitout 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.
