Functional 48 Bedroom Hotel

FOR LEASE
Hotel for Lease ---
Maza Maza, Lagos
48 Rooms ---
₦15,000,000 p.a. -
5‑Year Term

Rent & lease term

- Rent: ₦15,000,000 per annum (Fifteen Million Naira)
- Minimum lease duration: 5 years

Location & availability

- Location: Maza Maza area, Lagos --- convenient access to local transport and commercial nodes.
- Availability: Immediate. Property offered for lease as a single operational asset. Viewings by appointment.

Property overview
An operational 48‑room hotel available for lease in Maza Maza. The asset presents a ready platform for hotel operators, serviced‑apartment providers or corporate housing groups seeking an established footprint with scale. This opportunity is suited to tenants wishing to operate under their own brand, rebrand the asset or run it as an income‑producing hospitality business with minimal lead time.

Key features (to be confirmed on inspection)

- 48 guest rooms (mix and furnishing levels to be inspected)
- Reception/lobby and guest arrival facilities
- Back‑of‑house areas including staff rooms, laundry and storage (subject to site verification)
- On‑site parking (subject to site layout)
- Utilities and power backup arrangements to be confirmed during inspection
- Existing operational fixtures and fittings may be included or negotiated separately

Why lease this hotel

- Immediate scale: 48 rooms provides a meaningful revenue base and operational economies from day one.
- Turnkey opportunity: suitable for operators who want to commence trading quickly (subject to licensing and handover terms).
- Flexible use: can be operated as a traditional hotel, serviced apartments, short‑stay accommodation or corporate lodging (subject to landlord consent and regulatory approvals).

Ideal tenant profile

- Established hotel brands or independent operators seeking Lagos mainland presence.
- Serviced‑apartment operators and corporate housing providers.
- Investors/companies needing staff accommodation or project housing for a multi‑year term.

Lease & operational considerations

- Lease to be executed under standard commercial terms with security deposit, heads of terms and agreed responsibilities for repairs, utilities and insurance.
- Tenant responsible for obtaining/maintaining any operating licences, fire & safety compliance, local authority approvals and routine maintenance during the lease.
- Inventory, furniture and equipment inclusion to be negotiated separately and documented in the lease schedule.

Due diligence & documents requested

- Prospective tenants will be required to provide company profile, proof of funds or bank reference prior to inspection.
- Recommended diligence for lessee: site inspection, fire & safety audit, review of utility/power backup, condition survey of rooms and public areas, and verification of any existing compliance certificates.

Viewing & next steps

- Viewings by appointment for qualified parties only. Submit proof of funds or bank reference to request a site inspection and receive further property particulars.
- Heads of terms and lease draft will be issued to shortlisted applicants following inspection and preliminary negotiations.

Legal & disclaimer
All information provided is indicative and supplied in good faith. Prospective tenants must undertake independent legal, technical and commercial due diligence. Lease terms, availability and particulars may change without notice.

Contact: Mr. Kola Adesina (EDBA)
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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Ref: Wale