Warehouse For Sale
Lagos Nigeria

Warehouse for sale Lagos Nigeria.

Below is a list of warehouses for sale in Lagos Nigeria.

1) 7 bay warehouse + office on 5.5 acres of land along Apapa Oshodi expressway (vacant)

Price: 650 million Naira

Warehouse - Should You Rent Or Buy?

Should you buy a warehouse or opt for warehouse rental?

That is a business decision you must make.

As always, the deciding factor is cost . . . the cost benefits associated with each option.

For example, how long do you intend to rent a warehouse? 5 years, 10 years, 20 years?

Do you perpetually need the warehouse to do your business? If so, is it more cost-effective to rent a warehouse or buy one?

Consider an example.

Suppose you're a distributor for a manufacturing company. Suppose also you make good margins on the products you distribute. Chances are you will need the warehouse for as long as you remain a distributor. And that could be a lifetime.

However, even if that is the case, buying a warehouse is not advisable if you're just starting out as a distributor because you only hope to make good margins. You're not making it yet.

Besides, buying a warehouse does not make sense because it unnecessarily increases your startup capital. That means paying higher interests on loans. And that is disastrous for a business that is yet to get loyal customers and make consistently high returns on investment.

Consequently, buying a warehouse for sale makes business sense only if you're a manufacturer or a well-established distributor with strong customer base.

Buying a warehouse that is up for sale also makes sense if your profit margin can support the cost of financing the purchase.

If that is the case, then by the time you pay off the loan, the warehouse becomes an asset that can be used as collateral to obtain future loans for expansion purposes.

Bottom line.

Buying warehouses can be a smart move if you're right for it.

Ready to purchase a warehouse?

Contact us to tour the warehouses above. If you want something different from those listed above, fill the property finder for to tell us exactly what you want.

Property For Sale

Duplex for Sale

Apartment for Rent

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