Hotel / guest house for rent
32 Rooms Hotel with Gym, Swimming Pool and Event Lounge
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. Contact: Highbrow Realty 08164941485