To let | 125 sqm office space in Victoria Island Direct instruction | For lease Location: Victoria Island, Lagos Property details: - Office space measuring 125 sqm - Located on the first floor - Available for inspection - Expected vacancy date: 1 December 2026 Rental rates: - 1-year lease: NGN180,000 per sqm per annum - 2-year lease: NGN170,000 per sqm per annum - 3-year lease: NGN160,000 per sqm per annum Service charge deposit: - NGN30,000 per sqm per annum Additional fees and deposits: - Caution deposit: 10% of the rent - Legal fee: 10% of the rent paid - Diesel deposit: NGN500,000 Facilities: - Parking lot - 24-hour security - Green area - Water treatment system Power arrangement: - Electricity is charged based on consumption. - Each office unit has an individual check meter. Service charge covers: - Security services - Cleaning of common areas - Gardening and maintenance of green areas - Water treatment services and chemicals - Generator maintenance - Borehole servicing - Garbage collection by LAWMA - Maintenance of external and common-area lighting - Building plumbing and electrical servicing Rental cost breakdown: - 1-year lease: - Annual rent: NGN22,500,000 - Service charge deposit: NGN3,750,000 - 2-year lease: - Annual rent: NGN21,250,000 - Service charge deposit: NGN3,750,000 per annum - 3-year lease: - Annual rent: NGN20,000,000 - Service charge deposit: NGN3,750,000 per annum Please note that the above figures exclude caution, legal fees, diesel deposit and any other applicable charges. The office space is expected to be vacant by 1 December 2026. Inspections can be arranged. Message us today for further details or to schedule an inspection.