Prominently situated on Lowestoft High Street, The Prospect comprises approximately 3,200 sq ft, including an open-plan trading area and trade kitchen on the ground floor and a beer cellar and a substantial store room at basement level, with separate access to the rear of the property. Externally, the premises have the benefit of a patio area and parking at the rear.
The business ceased trading in September 2011 and the premises have previously been operated as a pub and restaurant and also as a carpet shop. The combination of a large trading area and extensive storage facilities offers scope for a range of alternative future uses for the premises, subject to planning consent where necessary.
The premises are ideally sited to serve the local retail, commercial and residential communities. They are close to the main shopping district of Lowestoft and its seafront, and serve the wider catchment area well because of its proximity to the A12, which links the town to Great Yarmouth, Norwich and Ipswich.
Lowestoft is a traditional seaside resort boasting beaches with Blue Flag status, two piers (the Claremont and South piers) and the East Point Pavilion. A major attraction in recent years has been the Lowestoft Airshow, a two-day event each August, which has been estimated to benefit the local economy by more than £13 million a year.
The town is surrounded by tourist destinations with Pleasurewood Hills Theme Park situated on its northern edge, Oulton Broad and the River Waveney to the west, Africa Alive at Kessingland to the south and the Pontins holiday park at Pakefield.
Bill Colquhoun, Director, who is handling the sale, comments: “The premises offer outstanding scope for a wide range of uses ranging from its current bar/restaurant usage to retail and other commercial uses, subject to planning consent.”
For further information please contact Peter Fermoy on 020 7227 0794