Industrial, Ikeja, Lagos
₦45,000 per square meter / per annum
| Property Ref: 2994209 | Added On: 24 Jul 2025 | Last Updated: 01 Sep 2025 |
| Market Status: Available | Type: Warehouse | Bathrooms: 10 |
| Toilets: 10 | Parking Spaces: 15 | Total Area: 68,000 sqm |
| Covered Area: 68,000 sqm |
We hereby wish to make an offer for warehouse (68,000 Sqft.) lease subject to the below conditions at Plot 6, Block A, Ogba Industrial Estate, Off Surulere Industrial Avenue, Ikeja, Lagos,
1. Lease Rate: N4,500.00 (Four Thousand Five Hundred Naira Only) per Square Foot (Net of Taxes).
2. Rent Validity: The above rent (N 4,500 per Sqft. Net of Taxes).
3. WITHHOLDING TAX (WHT): WHT 10% - Paid to "FGN -- FIRS WITHHOLDING TAX" and the receipt to be delivered to us.
4. VAT: VAT will be applicable as per the Government prevailing now and during the lease period as applicable.
5. Payment Terms: The lease rent should be paid in advance.
6. Agency Fee: 10% of total Rent and VAT 7.5%
7. Legal Fees: Legal Charges will be 5% of the total Rent and VAT 7.5%
8. Refundable Deposit: 10% on Annual Rent.
9. Storage: Usage for Goods Only.
10. Lease Period: Client Request, Max of three years.
11. Availability:18thJuly2025.
