Richmond’s former Natwest bank sold at auction

The former NatWest bank in Richmond.

Richmond’s former Natwest bank has been sold at auction.

The building went under the hammer at Pugh’s Yorkshire property auction at Elland Road Stadium in Leeds.

he property was sold for £232,000, a £56,000 increase on the £175,000 guide price.

Natwest closed the 2,000 sq ft, three-storey premises earlier this year as part of its national programme of 179 branch closures.

Paul Thompson, managing director of Pugh auction house, said: “The high-street assets held by banks across the country are being revaluated as more and more people opt to manage their finances online. The branch buildings are often in prime locations right in the heart of a town, ideal for redevelopment.

“Richmond itself is a North Yorkshire gem, a gateway to the dales and a popular tourist destination within reach of the A1, so it will be exciting to see what the new owner will do with the building.”

3 Comments

  1. It might be exciting to see what may come but it is very sad for customers of the former bank. Even the cash machine is missed.

  2. A large number of people do not want to bank on line, they prefer to talk to people face to face. How long before the other banks in Richmond close?

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