What now for Yarmouth M&S left empty for two years?
- Credit: Eastern Daily Press © 2015
One of Great Yarmouth's most prominent vacant shops is 'still very much available' after it failed to sell at auction.
Marks and Spencers in King Street has been empty for two years and was among commercial lots going under the hammer at London's Park Lane hotel, it has emerged.
Lot 102 was described as 'a prominent town centre shop' comprising 25,677 sq ft, but with a guide price of £650,000 it did not excite bidders on the day.
A spokesman for property consultancy Allsop which staged the sale said they had had enquires and people were looking at it outside of the auction, adding that 3-7 King Street was 'still very much available.'
The particulars said: 'The property is prominently situated fronting the pedestrianised section of King Street to the south of Market Place and within a conservation area. 'The property has an additional frontage to Theatre Plain, which provides access to Market Gates Shopping Centre.
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'Occupiers close by include Lloyds Bank, Barclays Bank, Nationwide, HSBC, WH Smith, River Island, Greggs, Trespass and Boots.'
Town centre manager Jonathan Newman said the building was key to the town centre masterplan, adding: 'The site needs to be occupied and occupied by a destination retailer that attracts more people into the town and provides Great Yarmouth shoppers with an additional retail offer.'
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The high street favourite served its last customer in January 2015 after 104 years in the town centre.
Although it has not left the area altogether - moving to the out-of-town Gapton Hall Retail Park - its departure was considered a blow to the main shopping hub which had already lost a number of key retailers.
However although the company's decision to move was criticised the new Simply Food store and cafe brought 20 new jobs to the area - a boost that was hailed as a silver lining at the time
Meanwhile, 183 King Street directly opposite is being advertised for sale at £945,000.
The building is home to WH Smith and the town's main post office.
The property details say the tenancy has another six years to run and that WH Smith has indicated 'a willingness to re-gear.'