Money Earning Turnkey Tank Farm For Acquisition

FOR SALE
Turnkey Tank Farm for Sale ---
Dockyard Apapa, Lagos
30 Million Litre Capacity -
10 Fire‑Proof Tanks -
C of O ---
₦20,000,000,000

Asking price & commission

- Price: ₦20,000,000,000 (Twenty Billion Naira) --- Outright sale by owner
- Commission: 5% payable (as stated)

Location & site

- Location: Dockyard / Apapa, Lagos --- strategic port‑side logistics corridor with immediate access to maritime, road and distribution networks.
- Site area: Built on 2.5 acres (site plan and survey available on request)

Asset summary

- Total storage capacity: 30,000,000 litres
- Number of storage tanks: 10 (all tanks are fire‑proof)
- Loading bays: 6 dedicated loading bays for simultaneous uplift operations
- Products stored (interchangeable): PMS (Premium Motor Spirit), AGO (Diesel), DPK (Dual Purpose Kerosene) --- tank configuration can be adapted to store alternative petroleum products where permitted
- Operational status: Functional (operational condition and inventory/earnings history to be supplied to qualified purchasers)

Key investment highlights

- Prime logistics position: Dockyard Apapa location offers exceptional proximity to import/export terminals, major road arteries, and distribution channels --- ideal for oil marketers, logistics operators and industrial end‑users.
- Large scale, ready capacity: 30M litre capacity and multiple loading bays support high throughput and immediate revenue generation.
- Fire‑proof infrastructure: tanks and installations designed with fire safety in mind --- important risk mitigation for downstream operations.
- Strategic buyer appeal: attractive to established oil marketers, 3PLs, logistics funds, strategic corporates and institutional investors seeking operational downstream assets.

Technical & operational features (indicative)

- Tank specifications: 10 fire‑rated storage tanks (detailed tank data, bunding capacity, lining and cathodic protection records available on request)
- Loading & dispatch: 6 loading bays with vehicle marshalling and product segregation arrangement (details in technical pack)
- Ancillary plant: pumping systems, meters, valves and control infrastructure (equipment lists and maintenance logs available on request)
- Safety systems: installed fire suppression / firefighting provisions and site safety equipment (certificates to be provided in data room)
- Utilities & services: fuel handling infrastructure, onsite power arrangements and access for tank truck and logistics operations

Title & documentation

- Title: Certificate of Occupancy (C of O) --- registered at Lagos State Lands Registry. Original title available for verification.
- Documentation: technical and legal data room available for qualified buyers, including site survey, as‑built drawings, equipment inventory, maintenance records and any operational permits held (subject to NDA and seller confirmation).

Regulatory & compliance notes

- Transfer of ownership and operational licences will require standard regulatory approvals and compliance checks (NUPRC, local environmental and fire authority clearances, health & safety audits). Seller will cooperate with buyer due diligence and statutory transfer processes.
- Prospective buyers should budget for regulatory application times and any required remedial or upgrade works discovered during technical due diligence.

Ideal buyer profile

- Licensed oil marketing companies and fuel distributors seeking strategic storage and loading capacity near Apapa port.
- Logistics & supply‑chain operators, third‑party logistics (3PL) firms and petroleum logistics specialists.
- Institutional investors, energy funds and conglomerates seeking operational downstream assets with immediate scale.

Due diligence & sale process (indicative)

1. Expression of Interest (EOI) --- submit brief buyer profile and finance credentials.
2. Proof of financial capacity --- buyer must provide Bank Guarantee or Comfort Letter (required before meeting the seller).
3. NDA & data room access --- qualified buyers receive full technical, legal and operational documentation.
4. Site inspection and technical walk‑through (arranged for qualified parties).
5. Submission of indicative offer and negotiation of commercial terms.
6. Legal & technical due diligence, heads of terms and deposit.
7. Completion by Sale & Purchase Agreement and transfer of title & operational licences as applicable.

Important requirement

- Seller requires evidence of financial capability: prospective buyers must present a Bank Guarantee or an acceptable Comfort Letter prior to direct engagement with the owner and site inspection.

Confidentiality & contact protocol

- This is a confidential direct sale. Full documentation and site access will be provided to seriously qualified buyers after submission of the required financial evidence and a signed NDA. Agent/mandate introductions and viewings will be coordinated on receipt of pre‑qualification.

Disclaimer
Information provided is intended as an accurate summary of the opportunity. All particulars are subject to verification. Prospective buyers must conduct independent legal, technical and financial due diligence and obtain any necessary regulatory approvals. Price, availability and particulars may change without notice.

Ref: Daka