Conversion plan for Yarmouth’s vacant M&S as council puzzles over its future
- Credit: Eastern Daily Press © 2015
A mix of leisure, retail and residential is being proposed for Great Yarmouth's empty Marks and Spencer store in King Street.
Great Yarmouth Borough Council's powerful policy and resources committee agreed to set aside £20,000 for a feasibility study on Tuesday.
A report to members said work would assess the financial viability of converting the upper floors to residential or leisure use and dividing up the ground floor to create two or three retail units.
MORE: What now for Yarmouth M&S left empty for two years?After the meeting council leader Graham Plant said the council would consider buying the prominent unit if it turned out to be viable proposition, adding: 'It has to stack up as a business proposition.'
Although £20,000 had been set aside the scoping out process would not necessarily cost that much he added, but asbestos was likely to be an issue and would involve specialist contractors.
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The building failed to sell at auction earlier in the year. It had a guide price of £650,000.
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