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For sale

Agidingbi Hotel for Sale

Acme Road Off Agidingbi, Agidingbi, Ikeja, Lagos

₦2,500,000,000

1,000

sqm

Hotel

Commercial

About this property

Situated in the bustling heart of Agidingbi, Ikeja, this 1000 sqm hotel offers a prime location for any business or hospitality investor. Opposite Boulos Enterprises, it’s just a stone's throw away from major corporate organizations, banks, and shopping centres. The hotel is also conveniently close to Murtala Muhammed International Airport and easily accessible via major highways. The hotel spans three floors and features 25 tastefully furnished guest rooms, including 12 Deluxe Rooms, 9 Executive Deluxe Rooms, and 4 Executive Studio Apartments. Each room is equipped with en-suite bathrooms, fitted wardrobes, and air conditioning, ensuring a comfortable stay for guests. The property also boasts a fitted kitchen, a water heater, and a 24/7 power supply with prepaid meter, standby generator, and solar power to keep things running smoothly. Facilities and amenities are top-notch, with an independent water supply from two boreholes, a fully equipped bar and restaurant, an event hall that can cater to about 100 people, and a reception and lobby area. Additional amenities include a manager’s office, pantry, laundry room, security office, and staff quarters. There's also ample parking for around 20 vehicles, making it easy for guests and staff. With a strong track record of over three decades, this hotel has built a loyal clientele comprising corporate organizations, business executives, and government officials. Its strategic location in one of Lagos' busiest commercial corridors makes it an ideal spot for corporate lodging, business meetings, and executive accommodation. The hotel also offers multiple revenue streams, including room rentals, bar services, event hall bookings, and corporate bookings. Future development potential includes alternative commercial uses such as a corporate headquarters, luxury guest house, medical facility, office complex, training and conference centre, educational institution, premium showroom, or mixed-use commercial development. The property is fully equipped and operational, providing an immediate income-generating asset.

Features & amenities

  • Standby generator
  • Swimming pool
  • Solar Power
  • Inverter
  • Air conditioning
  • Fitted kitchen
  • En-suite bedrooms
  • Landscaped garden
  • Boys' quarters (BQ)
  • Car park
  • Balcony
  • Security/Gateman
  • 24/7 power supply

Title documents

  • Deed of Assignment

Location

Acme Road Off Agidingbi, Agidingbi, Ikeja, Lagos

Ref: ZRM3W0 · Also listed on Hutbay