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Change in circumstance dictates sale at auction.

Situated in the heart of Stortford Lodge Hastings, this gym and pool complex has been operating since 1995. 

The property has of two years ago had a major upgrade to include upgraded toilet facilities, new pool showers, new card systems, new air conditioning systems, new pool filtering and air flow systems, new sauna and full decoration. 

The business is now under new ownership with a 6 year lease in place as of November 11th 2019. This complex is unique to most gyms as apart from the gym and class areas, it also has a 4 lane, 25m pool of a very high standard. The complex is located within a block of the HB District Hospital and backs onto the Coffee Club, it also offers ample on site car parking. 

In the future the property could offer re development opportunities as it could easily be converted to offices or commercial/showroom. 

In February 2020 there was a valuation completed for rental and sale purposes. This is available upon request. 

For sale by Auction held Friday 11th June at 12:00pm at Porters, 4 Te Aute Road, Havelock North (unless sold prior).

 



Ref #: 20701132
  • 11/06/2021
  • Contact our experts for details on this transaction.