32 Rooms Hotel With Gym, Swimming Pool And Event Lounge

Property Ref : 3109254

32 bedroom hotel / guest house for rent

Ikeja GRA, Ikeja, Lagos

₦500,000,000 per annum

Features

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 32room hotel in the prestigious GRA Ikeja precinct is available for longterm 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, investoroperators seeking immediate market entry in a highdemand 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 longterm presence without capital acquisition.
- Ideal for conversion to boutique lifestyle, business hotel, or premium shortstay 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 / landlordmanaged asset --- title and regulatory compliance documentation to be provided during due diligence.

Location & Accessibility

- Situated within GRA Ikeja --- a soughtafter, 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, shortstay tourists and visiting professionals.
- Opportunity to increase ADR and occupancy through active sales, corporate contracts and digital distribution channels.

LEASE TERMS
ANNUAL RENT: N500 Million Naira

Minimum of 4 years rent payable in Advance

- Lease Duration: 10 years and more

- Interested parties should be financially prequalified; proof of funds and operator credentials will be required.

CONTACT: HIGHBROW REALTY
08164941485

Contact