Terms and Conditions of Offer

The Lagos Computer and Allied Products Business Park, (Lagos ICT Business Park) Katangowa, Agbado Oke-Odo LCDA, Lagos State.

Offer by Bridgeways Global Projects Limited (Bridgeways) of Facilities in the Proposed Lagos ICT Business Park.

  1. Subscribers must buy and submit an Application Form for each facility they apply for.
  2. Payment for application form is non refundable.
  3. Payment of the full Purchase Price for such facility(ies) guarantees immediate and confirmed allocation
  4. The first 100 subscribers to pay the full Purchase Price of a standard shop will enjoy a 15% discount off the Purchase Price.
  5. All allocations will be done on a first-come first-served basis.
  6. The purchase price is payable either in full or in installments as stated on the Sale Agreement.
  7. All Cheques(s) bank drafts(s) should be issued in favour of Bridgeways Global Projects Limited. A default in the payment of an installment (where applicable) within the specified periods shall entitle Bridgeways to the following:
    • A review of the sale price;
    • Termination of your subscription and refund of deposit less 10% administrative charge.
  8. The Applicants will be responsible for perfecting their title as well as payment of the Legal fees of 5% of the Purchase Price (to cover the cost of preparation and engrossing of the title deed). The payment shall be issued in favour of Sterling Chambers. Full documentation for a sale shall comprise the following:
    • Sale Agreement – Issued after receipt of payment.
    • Deed of Assignment – Issued at hand over after receipt of full payment of purchase price.
    • Facilities Management Agreement – Issued after full payment of the purchase price;
    • Residents charter - issued along with the title deed and
    • Any other documentation considered relevant which would be provided as required.
  9. Bridgeways shall adopt a policy of continual upgrading/improvement of the structures and facilities and reserve the right to alter the general specification and price without prior notice.
  10. Any unsuccessful subscriber who has paid in full will be entitled to a full refund of the Purchase Price.
  11. Subscribers shall open the facility for business or trading within 30 days of handover, failure of which entitles Bridgeways to revoke such allocation and refund the Subscriber the purchase price less administrative charge.
  12. Bridgeways shall be at liberty to revoke the allocation of an Applicant at any time if the Applicant fails to meet the purchase requirements or adhere to the terms and conditions stated herein.
  13. Any Applicant who wishes to cancel his subscription:
    • Must be replaced by a new purchaser who will make payments to Bridgeways of the prevailing purchase price at the time of cancellation.
    • The Applicant shall only be entitled to a refund where Bridgeways has received the required payments from the new applicant.
    • The cancellation shall attract an administrative charge equivalent to 10% (ten percent) of the purchase price. Consequently, the refund due to the Applicant shall be less 10% (ten percent) of the purchase price.

This Application Form contains indicative terms only and is subject to the execution of the Sale Agreement and other title documents, which will contain the detailed terms and conditions of the sale. The terms and conditions indicated above are subject to change by Bridgeways without notice. The execution of this Application Form does not guarantee the allocation of any facility within the Lagos ICT Business Park to the Applicant. Allocations are subject to availability.