48 bedroom hotel / guest house for sale
Foreshore, Osborne, Ikoyi, Lagos
UNICORN PLACE
*(An Investment and/or Finance Opportunity)*
An up-market, boutique, luxury hotel is available (by private placement only) as a viable investment/financing opportunity. The project had been conceived under the name of UNICORN PLACE & LEISURE SERVICES LTD (RC 679972).
Project Location: Osborne Foreshore, Ikoyi, Lagos.
Land Title: Two Certificates of Occupancy registered at the Federal Lands Registry, as:
(The C of Os describe the location as Plot 12 Block 1V and Plot 1 Block IV respectively.)
Property Layout: The properties are seating on 3,000 Sq M of land. The properties are adjoining corner pieces, bordered by three roads - giving the project a "stand-alone" character and, therefore, flexible usage. The entire premises consist of 3 structures, each of them having independent foundations: two buildings (on 4 floors) sandwiching another two-floor structure that hosts the rooftop swimming pool and 2 movie theatres.
Project Highlights
A. The hotel, which emphasizes style, anonymity and privacy, is designed to serve the upper market segment, which includes high-ranking and high networth individuals, Corporates and Governments and their Agencies.
B. It is 90% completed (including consumables) and should be ready for operation within 90 days.
C. Upon completion, the project will feature the following:
■ Two-wing, three-floor building of 48-Bedrooms (16 of them convertible to 1,2 or 3 bedroom suites), with contemporary lounging and dining facilities on both wings.
■ (Adjustments are contemplated for conversion of six room spaces to two Conference Halls, which can seat up to 50 persons each)
■ Two Executive Theatres/Amphitheaters (commercial, big screen cinema) with digital projections.
■ 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 30 cars.
D. Embossed towels, customized toiletries, beddings, and other consumables (6-12mths supply)
E. Annual cashflow, conservatively projected to be between N0.9Billion and N1Billion, from five discernible profit centers, viz:
● Two executive movie theatres
● Rooftop entertainment Lounge, Pool & garden bar.
● 48 nos. Bedrooms.
● Food & Beverages.
● Commercial/Industrial dry cleaning & laundry
F. Asking price is $15m (or its equivalence in Naira and any other acceptable currency)
G. Payment options include:
▪︎ Installment/Staggered payment, the 1st being equal or more than 35% of value.
▪︎ Payment - in any currency.
▪︎ Other variations may be acceptable, only after direct discussion between seller and a real investor.
H. Title would be transferred by
shares (a faster, cheap & private process)
More details
Added on 12 Dec 2019
Call for Price
Sabega Environconcept
08034457307