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An Oasis of Calm and Beauty

L’ARCADE is a shopping centre powered by Sandworth properties with an aim to creating a unique shopping experience for business owners and shoppers. Its architecture and premium designs were created with the people in mind. Being the first of its kind in the state, L’ARCADE will maintain an ambience not peculiar to the Nigerian trading environment.

Premium Within Reach

At Sandworth, our core competencies include providing real estate solutions in areas such as Property Development, Real Estate Leasing, Facility Management and Project Management in Nigeria. Our proposal also offers veritable investment opportunities to purchase from our completed residential and landed projects in order to secure the maximum Gross Development Value (GDV).
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THE PROJECT

 

L’ARCADE comprises of over 400 shops in a flexible combination of:

  • Lock-up Shops
  • Lock-up en-suite
  • Restaurant, Office Spaces
  • High standard Toilets
  • Bank buildings
  • Clinic
  • Facility Management Building
  • Security Management Building
  • including ample parking spaces for cars and trailers, amongst others.

Electric and electronic cabling shall be underground to keep the environment tidy and safe for the users. The fringes of the centre shall be fenced and street lights and circuit cameras are to be installed to

enhance security, safety and monitoring to ensure security in the centre.  The entire premises shall be paved and thoroughly drained into underground storm water drainages to avoid flooding. Despite restrictions to the use of non-combustible building materials, a sophisticated fire alarm and remote address system will be incorporated to monitor the centre, with fire hydrants and adequate dedicated water supply reservoir.

The epileptic electric power and water shortage in Nigeria have been mitigated by the provision of dedicated transformers, Electric Generators, Portable water boreholes and capacity water storage facility.

PROJECT LOCATION

 

L’ARCADE is an enclosed centre located approximately 5 minutes from Control and it’s a 3-minute drive from the popular Concorde Hotel in Owerri. The locational advantage of the site is unparalleled due to its central disposition and accessibility from all quarters of Owerri Metropolis.

The Centre provides lettable area of 12sqm of over 400 stalls targeting amongst others to attract outlets like Furniture, Clothing, Shoes and Bags, Electronics, Food & Drinks, Supermarkets and Pharmacy and counting from local and international owners.

L’ARCADE’s innovative design, connects the dynamic urban surroundings to the history and splendour of the city. A distinctive, spectacularly designed retail, food & beverage experience is guaranteed to attract a huge number of visitors to meet, shop, eat, drink and relax.

Its unique central location will make L”ARCADE a major hotspot for (inter)national business, leisure and entertainment. L’ARCADE offers everything a successful retailer needs. Visitors will enjoy the center’s amazing ambiance.

Profile of Basic Material & Design Concept

Materials will be of basic but long-lasting specification with very low maintenance rating for rather obvious “cultural” and cost reasons. Construction methods are to be standardized and of acceptable quality.

Our Team

Our team includes an exceptional blend of professionals made up of seasoned Architects, Structural, Mechanical, Civil and Electrical Engineers, Surveyors (Land & Quantity), Project & Business Managers.

Our promoters developed and are managing the flagship project, The Nigerian Army Shopping Arena (The Arena Market) located at Bolade Oshodi, Lagos State. The Arena Market is one of the largest open private markets in Nigeria with over 3000 units of fully finished mixed development comprising of shops, lock up stores, office spaces, open stores and warehouses.

PRICE LIST

FACILITIES (SQM) PRICE PER ANNUM 5 YEAR LEASE
Corner Piece N800,000.00 4,000,000.00
Corner Piece En-Suite N850,000.00 4,250,000.00
Regular Shop N700,000.00 3,500,000.00
Regular En-Suite N750,000.00 3,750,000.00
2nd Floor Regular N600,000.00 3,000,000.00
2nd Floor Regular En-Suite N650,000.00 3,250,000.00
Prices are exclusive of Vat, legal and security deposit.

FREQUENTLY ASKED QUESTIONS

What other payments am I required to make? 2017-07-07T16:05:38+00:00

VAT, Security Deposit and Legal fees on each shop for the lease consideration period.

Are there any types of businesses that are prohibited within the centre? 2017-07-07T16:05:02+00:00

Subscribers can engage in any form of business of their choice provided the business is not offensive in form or content or against the laws of the Federal Republic of Nigeria.

How many shops can I lease? 2017-07-07T16:05:17+00:00

You can lease as many shops as you require but you must buy and complete a separate form for each shop. Allotment will however be based on a first-come-first-serve basis.

What is the average cost implication for leasing a shop in L’ARCADE? 2017-07-07T16:05:23+00:00

A price list has been included in the forms indicating the lease consideration payable on each shop.

When am I expected to pay for my shop? 2017-07-07T16:03:47+00:00

Full payment for the shops can be done immediately along with the submission of forms.

Can I use my own Electric Generator? 2017-07-07T16:16:05+00:00

No! Shop owners requiring back-up electricity must subscribe for power supply from the central generator provided.

When will I receive the keys to my shop? 2017-07-07T16:14:50+00:00

Keys will be handed over to successful allottes after commissioning of the project.

When will construction begin? 2017-07-07T16:11:27+00:00

Construction will commence on July 1st.

What other facilities are there in the Mall? 2017-07-07T16:08:42+00:00

Other facilities in the mall include: Ample parking space, paved walkways, toilets, security, CCTV, streetlights etc.

Is L’ARCADE opened on weekends? 2017-07-07T16:07:33+00:00

Yes.

What are the basic requirements for applying for a shop in L’ARCADE? 2017-07-07T17:21:06+00:00

A duly completed form with full payment for the desired shop.

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