Lougars Gym & Fitness Centre, 2A Hellyer Road, Southsea, Portsmouth
£300,000

Guide price

Situated a short walk/drive from Southsea seafront and closer still to Albert Road with its range of amenities and niche retailers, this two storey building was originally constructed as The Hellyer Room. For many years the building has traded as the well known and popular Lougars Gym and Fitness Centre and includes Arnold Schwarzenegger as one of many distinguished former members.

A planning application is at present under consideration by Portsmouth City Council to add a further storey to the building so as to provide three two bedroom New York loft style apartments. It is hoped that the planning application will have been determined by the time of the auction, though prospective purchasers should of course seek clarification prior to bidding.

Once completed, it is considered that the new apartments will be ideal for re-sale into the local marketplace or perhaps for retention for their income producing potential. Alternatively, the prospective purchasers may wish to consider continuing with the building in its current guise as a popular local gym, or indeed may wish to consider other commercial uses, subject to all the necessary consents being obtainable.

Existing Accommodation

The existing gym and fitness centre is arranged over two floors with ground floor male and female shower/cloakrooms with W.C.s. On the first floor there is an additional mezzanine level with a small office/kitchen area. There are staircase accesses to the first floor from both ends of the existing building.

Proposed Residential Accommodation

Three flats, each comprising living room/dining room/kitchen, two bedrooms, bathroom, study or study area.

Local Planning Authority

Portsmouth City Council. Tel: 02309283 4334. Website: portsmouth.gov.uk.

Planning

A planning application has been submitted to Portsmouth City Council under reference: 21/01391/FUL, dated September 2021 for change of use of existing building and conversion from gym (Class E) to form 4 no 2 bedroom flats (Class C3); construction of two additional storeys (including mansard roof), installation of windows to rear and alterations to fenestration, subject to conditions.

We are advised that this application has subsequently been amended so as to allow for one additional storey and one additional flat at second floor level. We are further advised that the City Council have indicated that a determination in respect of the planning is due on or before 2nd February 2022. Prospective purchasers should rely on their own enquiries in this regard.

A copy of the Planning Application and accompanying documents may be downloaded from the Local Planning Authority website.

Freehold with Vacant Possession

Important:

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page https://www.cliveemson.co.uk/online/. For further information please go to cliveemson.co.uk or call us on 01622 608400.

Price Information

*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

01273 253211

Clive Emson - Sussex & Surrey

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