32 Rooms Hotel with Gym, Swimming Pool and Event Lounge in Ikeja GRA

Tenancy

Lease term

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Available from

Now

About this property

Hotel lease 32 Rooms hotel with GYM, swimming pool and event lounge Location: Joel Ogunaike, GRA Ikeja, Lagos Event Lounge / Function Executive Summary An attractive, fully fitted 32‑room hotel in the prestigious GRA Ikeja precinct is available for long‑term lease. The property features guest rooms, a gym, a dedicated swimming pool, and a hotel lounge/function space --- ideal for boutique hotel operators, leisure brands, corporate hospitality groups, investor‑operators seeking immediate market entry in a high‑demand location. Investment & Operational Highlights Prime GRA Ikeja location on Joel Ogunaike --- excellent accessibility and strong demand from corporate and leisure travellers. Turnkey hotel operation: 32 guest rooms ready for immediate letting (subject to handover). Amenities include gymnasium, outdoor/indoor swimming pool, and a dedicated hotel lounge/function space. Attractive lease term suitable for brand operators seeking long‑term presence without capital acquisition. Ideal for conversion to boutique lifestyle, business hotel, or premium short‑stay accommodation. Property Specifications & Facilities Guest Rooms: 32 rooms (mix and sizing to be confirmed on inspection; typically combination of standard and executive rooms). Leisure Facilities: Fully equipped gym; swimming pool with guest deck. Events: Hotel lounge / function area available for private booking. Food & Beverage: Onsite restaurant / breakfast service potential (confirm existing kitchen specification). Back of House: Staff rooms/quarters, laundry, storage and service areas (subject to verification). Parking: Onsite guest and staff parking (capacity to be confirmed). Title & Compliance: Leasehold / landlord‑managed asset --- title and regulatory compliance documentation to be provided during due diligence. Location & Accessibility Situated within GRA Ikeja --- a sought‑after, secure residential and commercial district with close proximity to corporate offices, government institutions, shopping centres and transport links. Easy access to Allen Avenue, Obafemi Awolowo / Ogundana and the wider Ikeja business district. Revenue Potential & Use Cases Core revenue streams: room nights, F&B, events/lounge hire, meetings and ancillary services. Strong catchment: corporate travelers, event hosts, short‑stay tourists and visiting professionals. Opportunity to increase adr and occupancy through active sales, corporate contracts and digital distribution channels. Lease terms Annual rent: N450 Million Naira Minimum of 4 years rent payable in Advance Lease Duration: 10 years and more Interested parties should be financially pre‑qualified; proof of funds and operator credentials will be required.

Location

Ikeja GRA

GRA

Ikeja, Lagos