3d) AFRO CARIBBEAN FOOD STORE

KEE-KLAMP STALLS AT ASWANI INTERNATIONAL MARKET - SOW LITTLE & REAP BOUNTIFULLY

INTRODUCTION

Every Tuesday, all roads in Lagos State and beyond seem to lead to Aswani Market Located along Isolo Way, beside the Isolo Local development Area Secretariat. It is a day buyers and sellers from all walks of life mills around the area in hundreds like sand on seashore. Aswani market has been a Melting point for Nigerian traders since the creation of the market in the early 80 and it is one of the biggest and most patronised markets in the country.

In 2001, the old structures of the market were demolished in order to redevelop the market following the urgent need to upgrade it to international standard because of its international attraction. This effort failed then and since then the traders have been moved to the main road along Oshodi - Apapa Expressway to do their businesses due to lack of facilities for them in the Market.

This was the practice up till January 2009, when the Government forced the traders back to the market in order to stop the hindrance to traffic on the expressway on the market day.

Coupled with the above is the government avowed determination in turning Lagos state into a mega city status in line with the current trend of modernization of major cities around the world. The government is restructuring and modernizing its markets around the state. Consequently, the Isolo Local government with the approval of the State government has therefore decided to continue the redevelopment of the Aswani International market.

Celbridge Property & Investment limited has been awarded the construction of 1500 units of kee-klamp stalls whilst 3d LLc International has been appointed the overseas selling agent  to meet the requirements of Lagos State government in line with the Mega-City initiative. 

We are therefore inviting you to avail yourself the opportunity of being part-owners in this emerging market as there await good return on Investment as traders are ready to rent the stalls from buyers/owners of these stalls.

RETURNS ON INVESTMENT

Returns on investment could in 2 ways:

1)    Outright sale of stall at a higher price after a period of time. The selling price of this stall at the price of N250, 000.00 is at a much discounted price compared to similar structures even in smaller markets in Lagos.  This easily translates that the price will move up after some time as with other landed property.

2)     Rental /Residual income. You can let out your stall(s) to numerous traders who are ready to pay at least N48000 per annum for the first year with there will surely be upward review of the rent in subsequent years. This is most possible, given estimated population of traders at 10,000 on a weekly basis. With an annual rental income of N48, 000. That rate of return is approximately 19%. Which is a good return in this recess period any where in the world

SECURITY OF INVESTMENT

1. One of the canons of a good investment is security. This investment is very secured because the proof of ownership which is called LETTER OF ALLOCATION, which conferred life ownership of the stall to the buyers, will be issued by the ISOLO LOCAL GOVERNMENT.

2. Our company in order to cater for investors in Nigeria and abroad who may not want to be involved in the rigor of find tenants and rent collection has agreed to engage the service of a consultancy outfit -  PANTHER CONSULTS that will be saddle with responsibility of managing the stalls for interested owners for a little fee. We are ready to sign undertaking that the firm will deliver the estate management services with upmost integrity.

We are happy to introduce this to you and do not hesitate to call the undersigned on this number +353863944821

3d LLc International