Sidcup building goes under auctioneer's hammer for £750,000 (From News Shopper)

The former Lamorbey Swimming Centre in Sidcup has been sold for £750,000

11:25am Wednesday 22nd February 2012 in Bexley By Kelly Smale

A SIDCUP building which was at the heart of the community for 74 years has gone under the auctioneer's hammer for £750,000.

The 0.38-acre Bexley Council owned site, in Station Road, had a guide price of £650,000 to £700,000.

The rear of the building was formerly Lamorbey Swimming Centre, which was built around 1964 on the site of a former cinema.

It was demolished in 2008 after a new pool and leisure centre opened in nearby Hurst Road.

The frontage of the cinema remains at the site, dating back to 1934.

Auctioneer, John Stockey, said: "My gavel fell on a winning bid which was £100,000 more than the lower end of the guide price.

"It is considered that this site offers an extensive redevelopment opportunity, subject to all the necessary consents being obtainable. However, we are not privy to any plans ourselves."

The new owner’s identity was not disclosed.