Aguda, Surulere, Lagos
₦1,000,000,000
| Property Ref: 3169628 | Added On: 26 Oct 2025 | Last Updated: 26 Oct 2025 |
| Market Status: Available | Type: Hotel / Guest House | Bedrooms: 40 |
| Total Area: 2,100 sqm |
FOR SALE- WATCH VIDEO ABOVE
Prime 3Star Hotel Investment ---
40 Rooms + Penthouse, Pool, Gym & Event Hall ---
Aguda, Surulere
2,100 sqm
C of O ---
1,000,000,000
Price & Title
- Asking price: 1,000,000,000 (One Billion Naira)
- Title: Certificate of Occupancy (C of O) --- originals available for verification
Location & site
- Location: Aguda, Surulere, Lagos --- wellconnected mainland precinct with strong residential and commercial catchment
- Land area: Approximately 2,100 sqm (more than three plots) --- contiguous development footprint with multiple access points and good street frontage
- Possession: Sale available for immediate inspection and rapid transaction for qualified buyers
Executive summary
A turnkey hospitality asset in a highdemand Surulere neighbourhood --- a 3star hotel offering 40 guest rooms plus a penthouse, full leisure & F&B facilities, staff accommodation and backofhouse services. Sitting on a substantial 2,100 sqm site with clean C of O title, this hotel represents a compelling acquisition for operators, investors or groups seeking an established incomeproducing property with scope for repositioning, branding or conversion.
Property & asset highlights
- Room inventory: 40 guest rooms configured for comfortable midmarket accommodation (mix of standard, superior and family rooms; detailed room schedule available on request)
- Penthouse: premium topfloor unit/suite providing owner/manager accommodation or highyield suite income
- Leisure facilities: standard outdoor swimming pool ideal for guests and F&B activation
- Fitness & wellness: dedicated gym space equipped for guest use
- Food & beverage: onsite restaurant and bar delivering ancillary revenue streams
- Events & banqueting: hall suitable for conferences, weddings and corporate events --- valuable for group business and weekend demand
- Operations & services: laundry room, staff rooms and backofhouse plant rooms provided for efficient hotel operations
- Lifesafety & circulation: compliant vertical circulation and service access (lifts/stairs where installed --- details in data pack)
- Parking & circulation: onsite parking for guests and staff; yard space for deliveries and service vehicles
Commercial & investment appeal
- Turnkey operation potential: established hotel infrastructure reduces timetoincome for a new operator or ownermanager.
- Diversified revenue streams: rooms, penthouse premium, F&B, events/banqueting and gym membership provide multiple income lines.
- Strategic Surulere location: close to residential catchment, schools, offices and transport links --- supports steady occupancy and corporate/leisure bookings.
- Redeploy/upgrade upside: opportunity to rebrand, reposition to higher service standards or increase RevPAR through professional revenue management and targeted capex.
- Development flexibility: the large site allows future expansion, addition of serviced apartments or enhanced event facilities subject to planning.
Operational & technical notes
- Fit-out & condition: property presented with functional guest facilities and operational plant --- full condition survey and inventory available to qualified buyers.
- Utilities: mains power with backup provisions typical for hotel operations; water and waste management systems in place (technical pack provides details).
- Staffing & handover: staff accommodation included; options to purchase as a going concern (stock, FF&E and operational handover negotiable).
Documentation & data room
- Title: Certificate of Occupancy (C of O) --- original title documents available for inspection.
- Asset pack (available to qualified buyers under NDA): asbuilt drawings, room schedule, FF&E list, service equipment list, recent photos, and any available trading/occupancy records.
- Approvals: available building plans and any local authority compliance documents will be provided where held.
Recommended due diligence
- Legal: title and encumbrance search, verification of C of O and transfer mechanics.
- Technical: structural inspection, MEP and plant audit, pool and kitchen equipment testing, fire & lifesafety compliance review.
- Commercial: review of historic occupancy, ADR/RevPAR (if supplied), operating costs, staffing structure and local market benchmarking.
- Regulatory: confirm licensing and any health, safety or foodservice permits required for continued operation.
Ideal buyer profile
- Hotel operators and franchisees seeking Lagos mainland presence.
- Institutional investors, hospitality funds and private equity seeking largescale operating assets.
- Developers or owneroperators looking to reposition or expand hospitality/residential offerings in Surulere.
Viewing & transaction process
- Qualified buyers are requested to submit proof of funds (POF) or bank reference to access the full data pack and arrange site inspection.
- Confidentiality: NDA may be required before release of detailed operational or financial records.
- Transaction steps: EOI NDA & data room access site inspection submission of indicative offer heads of terms legal & technical due diligence completion.
Legal & disclaimer
All information provided is indicative and supplied in good faith. Prospective purchasers must undertake independent legal, technical and financial due diligence. Price, availability and particulars may change without notice. Only serious, qualified buyers will be entertained.
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.
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