New jobs will be created as a discount chain retailer expands into a 'new and improved store' in Lowestoft town centre.

Lowestoft Journal: The existing Poundstretcher store in Lowestoft, at the top end of London Road North, which will be expanding as it moves to a bigger store in Lowestoft town centre. Pictures: SIMON WARDThe existing Poundstretcher store in Lowestoft, at the top end of London Road North, which will be expanding as it moves to a bigger store in Lowestoft town centre. Pictures: SIMON WARD (Image: Archant)

Budget retailer Poundstretcher will unveil a new store in Lowestoft tomorrow (Saturday, October 1) – moving from its current shop at the top of London Road North and into the former QD Stores building.

By moving to the bigger unit, the new Poundstretcher and sister shop The Pet Hut will sell a wider variety of brands at big discounts.

With the mayor of Lowestoft, Nick Webb, opening the new shop at 9am tomorrow, a Poundstretcher spokesman said: 'The existing store is closing down and the existing staff will move to the new store, but there will also be 15 new jobs created.'

The 15 jobs will be advertised on the Poundstretcher website.

Lee Dolby, area manager of the new Lowestoft Poundstretcher store, said: 'I am really pleased we have managed to secure a much bigger store in Lowestoft, which will now give us the opportunity to showcase even more products at amazing prices.

'I am also delighted that we will be able to support the town by offering more job opportunities.'

The move has been welcomed by Lowestoft Vision – the Business Improvement District (BID) set up to help improve the town centre.

Darren Newman, Lowestoft Vision BID manager, said: 'Lowestoft Vision welcomes Poundstretcher expanding into the old QD unit on London Road North.

'This, along with the opening of Warren James and other businesses in the town, brings vacant premises down to their lowest level since 2013.

'Whilst there are still a couple of key buildings that have recently become vacant, we've been encouraged by enquiries that have come forward and will continue to look for investment into the town.

'In addition we are delighted that Greggs, Santander and Millets are in the process of refitting and improving their Lowestoft stores.'