Plaza / complex / mall for sale
Joke Ayo Express Road Before Bridge, Alimosho, Lagos
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.
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₦160,000,000
The Build Centre Properties
09028190510