Commercial Space

Property Ref : 3740277

Shop for rent

Victoria Island (VI), Lagos

₦40,000,000 per annum

Features

"An excellent opportunity to secure a premium, road-facing commercial space in the highly sought-after Oniru district of Victoria Island.

This fully serviced ground-floor property offers 100sqm of commercial space, with the flexibility to lease either the entire floor or a 50sqm portion. The space is already partitioned into shop units, providing a convenient setup for businesses seeking a strategic location with excellent road visibility.

With 24-hour electricity and an established commercial environment, the property offers an attractive setting for businesses looking to establish or expand their presence in Victoria Island.

Property Features
Entire Ground Floor: 100sqm
Half Ground Floor Option: 50sqm
Prime Road-Facing Location
Existing Shop Units
Fully Serviced Commercial Property
24-Hour Power Supply
Excellent Business Visibility
Suitable for Various Commercial Uses
Operating Hours
Days: Monday -- Saturday
Time: 9:00 AM -- 9:00 PM

Rental Details
Option 1: Entire Ground Floor (100sqm)
Annual Rent: 40,000,000

Option 2: Half Ground Floor (50sqm)
Annual Rent: 20,000,000

Additional Charges
Service Charge Deposit: 2,500,000 (intended to cover approximately 6 months' usage)

Agency Fee: 10% of Annual Rent
Legal Fee: 10% of Annual Rent
Caution Fee: 5% of Annual Rent
Estimated Initial Payment
100sqm Option
Rent: 40,000,000
Agency: 4,000,000
Legal: 4,000,000
Caution: 2,000,000
Service Charge Deposit: 2,500,000
Total: 52,500,000
50sqm Option
Rent: 20,000,000
Agency: 2,000,000
Legal: 2,000,000
Caution: 1,000,000
Service Charge Deposit: 2,500,000
Total: 27,500,000

For more Information, Pricing and Private Viewings

Please Contact:

Itohan: 0803 678 3187

Lilian: 09062511340

Email: [email protected]

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