Ogba, Ikeja, Lagos
₦4,500 per square foot / per annum
Property Ref: 3068858 | Added On: 02 Sep 2025 | Last Updated: 02 Sep 2025 |
Market Status: Available | Type: Warehouse | Parking Spaces: 8 |
We hereby wish to make an offer for warehouse (68,000 Sqft.) lease subject to the below conditions at Ogba Industrial Estate, 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. Legal Fees: Legal Charges will be 5% of the total Rent and VAT 7.5%
7. Refundable Deposit: 10% on Annual Rent.
8. Storage: Usage for Goods Only.
9. Lease Period: Client Request, Max of three years