Six retail banks and newly closed police station to go under the hammer
Six former retail banks and a newly closed police station in Yorkshire will feature among 50 lots at Pugh’s next Yorkshire and North East property auction at Leeds United’s stadium on 4 December.
The bank properties in Sheffield, Richmond, Barnsley, Driffield, Stokesley and Pickering are being sold off for redevelopment, as part of programmes by NatWest, HSBC and RBS to close down hundreds of branches nationally.
Paul Thompson, managing director of Pugh auction house, said: “People are dramatically changing the way they access their bank’s services.
“As a result, our banking clients are re-evaluating their high street assets and we are bringing quite large numbers of retail bank properties to auction.”
The auction will also include the sale of the recently closed Elland police station, which is being sold by West Yorkshire Police. The 4,500 sq ft station building, which has a £150,000 guide price, features offices and a former police interview room.
Thompson added: “The old police station is a sizeable period property in a largely residential area of Elland. There is certainly scope for redevelopment and we are seeing interest from a range of potential investors.
“The demand for new commercial and residential development opportunities remains constantly high and Elland is well located, close to the M62 and in the heart of West Yorkshire.”
