For Sale: Prime Asset Of Functioning Supermarket+ Eatery+ Bakery On Offer, Joke Ayo Express Road Before Bridge, Alimosho, Lagos (Ref: 3158849)

Prime Asset Of Functioning Supermarket+ Eatery+ Bakery On Offer

  • Prime Asset of Functioning Supermarket+ Eatery+ Bakery on Offer, Joke Ayo Express Road Before Bridge, Alimosho, Lagos, Plaza / Complex / Mall for Sale
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Property Description

FOR SALE-
Prime Commercial Asset --- Functioning Supermarket & Eatery with Baking Facility ---
Joke Ayo Express Road (Before Bridge), Alimosho, Lagos
₦160,000,000 (NET --- Building Structure Only)

Price & Documents

- Asking price: ₦160,000,000 (One Hundred and Sixty Million Naira) --- NET, for the building structure only.
- Inventory/goods: Stocks, fittings and trading items negotiable separately if buyer wishes to continue operation.
- Title & approvals: Registered Deed of Assignment; Survey Plan; Receipt; Approved Building Plan; Physical Planning Approval. Federal C of O currently in process.

Location & exposure

- Prominent frontage directly off the newly tarred Joke Ayo Express Road (before the bridge), Alimosho LGA --- high visibility, excellent vehicular access and strong customer catchment from surrounding residential and commercial nodes.
- Strategic positioning for retail, foodservice and convenience trade with easy access for deliveries and customers.

Property overview
A high‑opportunity commercial building currently operating as a large supermarket on the ground floor and eatery/foodservice on the upper floor. The asset includes an industrial baking oven and fittings, generous customer parking and a layout optimised for high footfall retail. Offered for outright sale as the building structure; the buyer may optionally acquire the business stock, equipment and operating goodwill via separate negotiation.

Key features & facilities

- Ground floor: Large, well‑equipped supermarket floorplate designed for high‑density retail shelving, cold‑rooms/racking areas and customer circulation.
- First floor: Fully fitted eatery/restaurant space with kitchen, seating/servery area and service flow; suitable for in‑house dining, takeaway and delivery operations.
- Baking facility: Industrial oven and associated baking infrastructure capable of producing breads and other baked goods at scale --- an immediate value‑add for bakery/foodservice operators.
- Parking & circulation: Large customer parking area and easy tanker/lorry access for stock deliveries; vehicle circulation designed for retail convenience.
- Structural & compliance: Approved building plan and physical planning approval in place; documented construction and compliance history available.
- Trading potential: Currently functioning --- immediate revenue potential if purchaser acquires trading stock and operational handover is agreed.

Investment highlights

- Turnkey commercial location on a busy newly surfaced expressway --- high customer visibility and footfall potential.
- Flexible ownership options: Acquire the building only (NET price) or purchase the building plus stocked inventory and operating goodwill (negotiable).
- Value creation levers: Upgrade convenience retail, expand bakery/food production, introduce branded quick‑service outlets, or add third‑party concessions to boost non‑fuel retail income.
- Strong demand driver: Dense residential catchment and passing traffic support steady retail and F&B revenue streams.

Condition & immediate scope

- Building: Structurally sound, operational and fit for retail/foodservice use. Detailed inspection, equipment inventory and as‑built documentation available for qualified buyers.
- Equipment & stock: Currently trading --- list and valuation of inventory and equipment available and negotiable outside the stated building price.
- Regulatory: Approved building plan and physical planning approval in place; Federal C of O in process to be completed for buyer reassurance.

Ideal buyer profile

- Retail chains, supermarket operators or investors seeking an immediate trading outlet on a high‑traffic corridor.
- Foodservice operators, bakery groups or hospitality investors looking for an operational baking line and restaurant space.
- Property investors targeting income‑producing commercial assets with potential for rental uplift or business integration.

Due diligence & transaction process

- Qualified buyers will be provided access to supporting documents and invited for site inspections under confidentiality.
- Standard due diligence recommended: title verification, structural and services inspection, equipment testing, inventory audit (if stock purchase is contemplated) and review of planning approvals.
- Sale structure: building sale to be completed via standard legal conveyancing; separate agreement for inventory/equipment if required.

Additional information

- More photos, videos, equipment inventories and trading performance summaries available to qualified buyers upon request.
- Seller is open to structured handover arrangements for buyers who wish to continue the supermarket/eatery operations.

Legal & disclaimer
Information presented is provided in good faith but is subject to verification. Prospective buyers must undertake independent legal, technical and commercial due diligence. Price and availability are subject to 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.
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Property Details

Property Ref: 3158849Added On: 20 Oct 2025Last Updated: 20 Oct 2025
Market Status: AvailableType: Plaza / Complex / Mall   

Interesting Facts

Lagos-Abeokuta Expressway passes through Alimosho. It connects Lagos State with Ogun State and is one of the most affordable places to live in Lagos. Some estimates say that its proximity to Ikeja could have played a role in its high population.

Leisure and Shopping

Shopping opportunities for residents are plentiful, with a sufficient number of establishments. Additionally, there are popular markets to cater to those who prefer to shop in an open-air environment. SLOT and 3C HUB cater to your mobile needs, Style House is your one-stop shop.

Popular Estates

The Kings Court Estate is regarded as a wonderful place to raise a family by many. Gowon Estate was originally constructed to house the Nigerian legislatures in the 1980s. It provides basic amenities at a reasonable price, making it an affordable option for people from the middle class.

Day Life

Alimosho is one of the most popular parts of Lagos and is a great place to visit if you are looking for a place to relax and have a good time.

If you are in the mood for chicken, there is KFC and Chicken Republic to satisfy your craving. If you are craving pizza, pick up a box from Domino's and top it off with a cup of ice cream from Cold Stone Creamery to satisfy your craving.

Night Life

The Democratic Party is one of the most popular places to hang out in the city. The VIP bar is cool and inviting, and it exudes a proper nightclub atmosphere. Club Inferno is also a great choice for people who like to walk around at night. It provides a high-end clubbing experience that is also visually appealing.

Schools

With the large population that Alimosho has, it would be ridiculous if there weren't sufficient schools. Cambridge Associate School Legacy Schools provides high-quality education at secondary, preparatory, and crèche levels. The Honeyland Group of Schools is well-known for its music academy, which attracts many students.

Read the full area guide for Alimosho, Lagos.

Interested in this property?

Call 0902 XXXX Show Phone
Disclaimer

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