Lot 64 Freehold Gym With Planning For An Additional Floor And Three Two-bedroom FlatsAuction Date:
9th February 2022
Lougars Gym & Fitness Centre, 2A Hellyer Road, Southsea, Portsmouth, PO4 9DH
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 to Portsmouth City Council has been successful, allowing for an additional storey to be added to the existing building so as to provide three two bedroom New York loft style apartments. At the time of publication the Decision Notice and supporting documentation is not yet available on the Portsmouth City Council planning portal but further information is available from the Auctioneer’s Office.
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
Planning permission has been granted by Portsmouth City Council under ref: 21/01391/FUL, dated 2nd February 2022 for change of use of existing building at 2A Hellyer Road and conversion from a gym (Class E) to form 3, 2 bedroom flats (Class C3); construction of one additional storey (mansard roof), installation of windows to the rear and alterations to fenestration, subject to conditions.
At the time of publication the formal Decision Notice and supporting documentation have yet to be released into the public domain by Portsmouth City Council. However, an email confirming the Grant of Planning has been received from the principal planning Officer and a copy is available for inspection in the legal pack which is available to download from the Clive Emson website.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Auction Day.
* 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 cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
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 Buyers Fees
