Investors and serious business owners now have a rare opportunity to acquire a large-scale industrial property in the commercial hub of Lagos. This abandoned noodles manufacturing facility is available for immediate sale and represents an incredible investment for entrepreneurs looking to revive a food production business, develop a mixed-use commercial project, or leverage the property’s valuable scrap and equipment assets.
With a total estimated value of ₦15 Billion and a scrap value of approximately ₦7 Billion, this property offers significant upside potential for the right investor.
Overview of the Property
This non-functioning noodles production factory was previously built to produce instant noodles in four different flavors. The property sits on a large 5-acre land parcel, providing ample space for manufacturing operations, warehousing, logistics, and additional commercial development.
The facility includes multiple structures, industrial machinery, residential units, and commercial spaces that can either be renovated for continued industrial use or repurposed for other profitable ventures.
This opportunity is particularly attractive for:
- Food manufacturing companies
- Industrial investors
- Real estate developers
- Logistics and distribution companies
- Asset recovery investors interested in scrap and equipment resale
Key Assets Included in the Sale
The property is being sold with numerous industrial and commercial assets already in place, significantly reducing the startup cost for anyone looking to restart production or repurpose the facility.
Industrial Production Equipment
The factory contains five complete noodles production lines, capable of producing large quantities of instant noodles once operational. These machines are designed for high-capacity production and include supporting equipment necessary for large-scale manufacturing.
Even if the buyer chooses not to restart production, the industrial machines alone hold significant scrap and resale value, estimated in the billions of naira.
Buildings and Infrastructure on the Property
Beyond the factory equipment, the property also includes several additional developments that make it a unique mixed-use investment opportunity.
1. Uncompleted Hotel Development
An unfinished hotel building is located within the premises. The structure includes an underground swimming pool, offering potential for hospitality development once completed. Investors could convert this into a hotel, serviced apartments, or staff accommodation for factory workers.
2. Residential Apartments
The property includes 30 units of one-bedroom flats, which can serve as:
- Staff housing
- Rental apartments
- Short-let accommodation
- Guest housing for company executives
These apartments can generate steady rental income while other aspects of the property are being redeveloped.
3. Commercial Shopping Complex
A shopping complex with over 50 retail shops is also located on the property. This opens additional revenue streams through:
- Retail shop leasing
- Small business incubation
- Warehouse storage
- Wholesale distribution centers
For investors with commercial development experience, this area can easily be transformed into a mini commercial hub within the property.
Fleet and Vehicles Included
Another major advantage of this acquisition is the large fleet of vehicles included in the sale.
The property comes with:
- Over 15 delivery trucks
- More than 20 vehicles, including company cars and delivery buses
These vehicles were previously used for product distribution and logistics. They can be refurbished for operational use or sold individually for additional returns.
Power Infrastructure
Reliable electricity is critical for any manufacturing facility, and this property already has strong power infrastructure in place.
Included are:
- One 500 KVA Transformer
- One 1000 KVA Transformer
- One 1000 KVA Generator
- Two 500 KVA Generators
These power systems were designed to support full-scale factory operations and can significantly reduce the cost and time required to restart manufacturing.
Land Size and Location
- Land Size: 5 Acres
- Location: Lagos
- Price: ₦15 Billion (Net)
Given the rising industrial land values in Lagos, a 5-acre property with multiple buildings and infrastructure already installed represents a strong long-term investment.
Potential Investment Opportunities
This property offers multiple strategic possibilities depending on the buyer’s vision:
1. Restart Noodles Production
With five existing production lines, an investor can revive the noodles factory and reintroduce a competitive food brand into the Nigerian market.
2. Industrial Manufacturing Hub
The factory could be converted into a multi-product food processing facility or used for other types of manufacturing.
3. Commercial Redevelopment
Developers could transform the property into a mixed-use commercial estate, combining retail shops, residential apartments, and hospitality facilities.
4. Logistics & Distribution Center
The large land size and existing structures make the site ideal for a warehouse, logistics, or distribution hub.
5. Scrap Asset Recovery
With an estimated scrap value of ₦7 Billion, asset recovery investors may also find this property highly attractive.
Why This Opportunity Is Rare
Industrial properties of this scale rarely come to market, especially those that include:
- Large land size
- Industrial production equipment
- Residential apartments
- Retail shopping complexes
- Logistics vehicles
- Power infrastructure
For investors seeking high-value assets in Lagos, this property represents a unique acquisition opportunity.
Price
Total Asking Price: ₦15 Billion (Net)
Video Inspection Available
A detailed video of the factory and all assets is available for serious buyers who want to inspect the property before scheduling a physical visit.
Contact for Enquiries
For inspection, video request, or further details:
Call / WhatsApp:
📞 08034139285
Serious investors and buyers only.
Augus