₦ 50,000,000/year
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Property address
PID: 5QHJPMagodo Kosofe/ikosi Lagos
Last updated 2026-10-14 14:02:50.0
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Safety Tips
- Do not make any inspection fee without seeing the agent and property.
- Only pay Rental fee, Sales fee or any upfront payment after you verify the Landlord.
- Ensure you meet the Agent in an open location.
- The Agent does not represent PropertyPro and PropertyPro is not liable for any monetary transaction between you and the Agent.
Description
For lease | fully equipped restaurant, bar & lounge
Location: Magodo Isheri, Lagos
Rent: NGN50,000,000 Per Annum
A fantastic opportunity to take over an existing restaurant and entertainment venue in a serene and secure environment in Magodo Isheri.
The property comes with a restaurant, bar, lounge, outdoor football pitch and snooker area, making it ideal for an established hospitality, leisure or lifestyle business.
Property Features
- Existing Restaurant / Dining Area
- Fully Functional Bar
- Lounge
- Outdoor Football Pitch
- Snooker Area
- Spacious Concrete-Floored Compound
- Large Mikano Generator
- Prepaid Electricity Meter
- Good Water Supply
- Kitchen Cabinets
- Kitchen Shelves
- Fitted Wardrobes
- Water Heater
- Bath Cubicle
- Pop Ceilings
- Guest Toilet
- Good Road Network
- Serene & Secure Environment
Ideal for
- Restaurant & Bar
- Lounge
- Sports Bar
- Entertainment Venue
- Event / Lifestyle Centre
- Hospitality Business
- Fitness & Recreation
- Other Suitable Commercial Uses
Message us today to schedule an inspection and discuss lease terms.
Upg Real Estate
Location: Magodo Isheri, Lagos
Rent: NGN50,000,000 Per Annum
A fantastic opportunity to take over an existing restaurant and entertainment venue in a serene and secure environment in Magodo Isheri.
The property comes with a restaurant, bar, lounge, outdoor football pitch and snooker area, making it ideal for an established hospitality, leisure or lifestyle business.
Property Features
- Existing Restaurant / Dining Area
- Fully Functional Bar
- Lounge
- Outdoor Football Pitch
- Snooker Area
- Spacious Concrete-Floored Compound
- Large Mikano Generator
- Prepaid Electricity Meter
- Good Water Supply
- Kitchen Cabinets
- Kitchen Shelves
- Fitted Wardrobes
- Water Heater
- Bath Cubicle
- Pop Ceilings
- Guest Toilet
- Good Road Network
- Serene & Secure Environment
Ideal for
- Restaurant & Bar
- Lounge
- Sports Bar
- Entertainment Venue
- Event / Lifestyle Centre
- Hospitality Business
- Fitness & Recreation
- Other Suitable Commercial Uses
Message us today to schedule an inspection and discuss lease terms.
Upg Real Estate
Features
Parking Space 
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