The purchase of the building, known as The House of Sport, is said to be the realisation of an old dream for the Committee which has been setting money aside for several years for that purpose.

Media representatives and member associations have been taken on a tour of the headquarters, which are set to be officially opened in June. 

"For 20 years, the SLOC has been working towards realising this goal and I’m happy to know that under my leadership we’ve been able to achieve it," Fortuna Belrose, President of the SLOC, told DBSTELEVISION. 

"I think all our sports associations are happy they got a chance to view and tour the building like they did.

"I think generally they’re all happy that at last as members of a fraternity they’ve been able to collectively achieve something of significant value.

"So we’re quite happy and we’ll continue to work with our associations, we’ll continue to work with all our key partners and the Government to ensure that sports continue to grow in the manner that we would want them to." 

In 2010, the Government offered the SLOC a property at Vigie, but that would have required building from scratch and would have easily cost upwards of EC$3 million (£802,000/$1.1 million/€1 million).

The new 10,000 square feet building, which has three levels, was bought at what the SLOC considers a steal at EC$1.7 million (£455,000/$630,000/€578,000).

The SLOC is said to have big plans for the property which will undergo some major renovations over the next few months.

"The important thing about it is that when it came to time to purchase, it came without having to go to any bank for any loan," said Richard Peterkin, an IOC member who was part of the Building Committee.

"This is entirely paid for, 100 per cent, and we had a good arrangement with discussions. 

"We had a small committee that looked into this and what we had to do.

"So now we have it and the question is, what do we do next?

"It’s going to take about EC$100,000 (£27,000/$37,000/€34,000) just to fix up all the things that need to be corrected and then depending on what we want to do, possibly another EC$200,000 (£53,000/$74,000/€68,000) to EC$300,000 (£80,000/$111,000/€102,000) to fix up the buildings so that we can have our own offices, a state-of-the-art conference room with video conferencing facility and potentially some resources for all of our members."