Commercial Property for Lease on Palm Avenue, Mushin, Lagos Verified listing

Commercial Duplex for Lease on Palm Avenue, Mushin, Lagos
Businesses looking for a commercial property for lease in Mushin, Lagos, have an opportunity to secure a duplex property on Palm Avenue for long-term business use. Offered at ₦10 million per annum, this commercial premises is available on a minimum lease term of three years, making it an option for organizations seeking a property they can adapt to their operational requirements.

The property is intended for commercial use only and may suit businesses that need a dedicated premises for offices, showrooms, corporate operations, or other approved commercial activities. The incoming occupant is required to renovate the property to a usable standard, so prospective tenants should factor the necessary renovation work into their budget and business plans before committing to the lease.

Property Details
Property type: Commercial duplex
Location: Palm Avenue, Mushin, Lagos
Lease price: ₦10,000,000 per annum
Minimum lease term: 3 years
Permitted use: Commercial purposes only, subject to approval
Condition: Tenant to renovate to a usable standard
Parking: Parking space available
Availability: Open for immediate consideration

Suitable Business Uses
This commercial duplex on Palm Avenue may be worth considering for organizations that need premises for professional or customer-facing operations. Potential uses include corporate offices, showrooms, financial institutions, hospitals or healthcare facilities, and other businesses, provided the proposed activity complies with the property's permitted use and all applicable planning, licensing, and regulatory requirements.

Businesses should independently confirm that the property can legally accommodate their intended operations before entering into a lease. In particular, healthcare facilities and financial institutions may have specific premises, planning, and regulatory requirements to satisfy.

Why Consider This Commercial Property in Mushin?
1. A strategic business location

Located on Palm Avenue in Mushin, Lagos, the property offers businesses an opportunity to establish a presence in an established part of the city. Prospective tenants can assess the location's accessibility, visibility, suitability for their customers, and convenience for staff and business operations during a physical inspection.

2. Parking space for business operations

Parking is an important consideration for many commercial occupiers. The property has parking space, which may support staff, visitors, and customers, depending on the available capacity and the requirements of the proposed business.

3. Flexibility to renovate

Because the incoming occupant is responsible for renovating the premises to a usable standard, interested businesses should inspect the property carefully, estimate renovation costs, and agree in writing with the landlord on the scope of permitted alterations, approvals, responsibilities, and any restoration obligations at the end of the lease.

4. A long-term lease arrangement

With a minimum lease term of three years, this property is intended for businesses considering a longer-term commercial presence rather than short-term occupancy. This arrangement may be suitable for organizations that need time to fit out their premises and establish their operations.

Lease Price and Viewing Enquiries
The asking lease price is ₦10 million annually, with a minimum tenancy period of three years. Before making a commitment, prospective tenants should confirm the payment structure, applicable fees, renovation responsibilities, lease conditions, and any additional costs associated with occupying the property.

If you are searching for a commercial duplex for lease in Mushin, Lagos, and need a premises for an approved business purpose, this Palm Avenue property is worth considering.

Contact BeYourLandlord to enquire about the property, arrange an inspection, and discuss the lease terms. A physical inspection and verification of the property's permitted use are recommended before entering into any tenancy agreement.