Hope as Yarmouth pubs go on market
A GORLESTON pub which closed down two weeks ago is already attracting interest from potential buyers.The Cap 'n' Gown in Magdalen Way shut on October 5, with the owners citing the economic downturn.
A GORLESTON pub which closed down two weeks ago is already attracting interest from potential buyers.
The Cap 'n' Gown in Magdalen Way shut on October 5, with the owners citing the economic downturn. However, only days after going up on a commercial property specialist's website for an asking price of �185,000, the property is already under offer.
The pub, which boasts two bars and a function room, has been boarded up since landlord Steve Andrews, 51, quit due to a combination of factors, including the economic downturn, the smoking ban and the effects of anti-social behaviour. It had been open continuously since 1959.
Another Gorleston pub mysteriously closed last week - the popular town centre attraction, The Tramway, in Lowestoft Road.
Speculation mounted within the town that the pub, owned by Enterprise Inns, was struggling to attract customers but a new tenant has been found to take on the licence and it is set to re-open next week.
The boarded up White Horse, in Beccles Road, Gorleston is also being sold through specialists Christie and Co.
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Landlady Jacqueline Ellis called time in July also blamed the recession and the effects of the smoking ban. The pub's owner Enterprise Inns was looking for a new tenant to fill her shoes, but now the building is up for sale.
A spokeswoman for Enterprise Inns said: “Enterprise Inns can confirm that both the Cap 'n' Gown and the White Horse are on sale on the open market through Christie and Co in Ipswich. It is our intention to open The Tramway and that should happen within the next week or so.”