Description

*INVESTMENT OPPORTUNITY

An up-market, boutique, luxury hotel, located in Ikoyi, Lagos Nigeria is available for outright sale as a viable investment opportunity.

*Land Title:* Certificates of Occupancy

*Property Layout:* The properties are seating on approximately 3,000 Sqm.
*They consist of adjoining corner pieces, bordered by three roads, giving the project a "stand-alone" character, and flexibility of access.*

*The entire premises consist of 3 structures, each having independent foundations, 2 buildings consist of ground floors plus 3 more floors sandwiching another two-floor structure that hosts a rooftop swimming pool and 2 movie theatres.*

*Project Highlights*
A. The hotel emphasizes quality, service, anonymity and privacy. It is designed to serve the *upper market* segment, which includes high networth individuals as well as high ranking members of Corporates, Governments and their Agencies.

B. The project is ready; and an upgrade is on the way. The upgrade is 90% done, and the hotel should be ready to resume operations in 90 days.

C. Upon completion, the project will feature the following:

Two-wing, four (ground plus three) floor building of 42-Bedrooms (16 of them convertible to 1, 2, or 3 bedroom suites), with contemporary lounging and dining facilities on both wings.
Two Executive Theatres/Amphitheaters (commercial, big screen cinema) with digital projections and screens.
? Two Conference Halls: 35 to 50 seaters each.
? Rooftop Swimming pool (18 meters long, 8 meters wide and 12 feet at the deep-end), embedded in a huge garden with synthetic grass floor, dotted with gazebos and Water cascades.
? 24-hour rooftop entertainment lounge (indoor)
? Poolside garden and entertainment center (outdoor)
? Ground floor Jacuzzi pool, which collects water cascading from a waterfall - mountain inspired!
? External walls, floors plus bathrooms fully cladded in quality granite & marble.
? Industrial Kitchen.
? Commercial dry cleaning & laundry.
? Cold Rooms (3 nos.)
? Gymnasium & spa.
? Parking spaces for more than thirty cars.

D. Embossed towels, customized toiletries, beddings, and other consumables (6 months supply)

*E. Annual net cashflow, is conservatively projected to average NI.5 Billion, from five discernible profit centers.*

*F. Price is $9m net (or its equivalence in Naira or any other acceptable currency).*

*G. Payment by Installments is acceptable, provided the 1st is more than 60 of value.*

H. Title transfer is by Shares - as ownership is in the name of a company.

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