Former Richmond bank to be auctioned off

The former NatWest bank in Richmond.

Richmond’s former NatWest branch will be auctioned off next month.

The building features among 50 lots to go under the hammer at a property auction at the Leeds United Stadium on December 4.

The 2,000 sq ft, three-storey former bank, which shut earlier this year as part of a national programme of 179 NatWest branch closures, is listed for auction with a guide price of £175,000.

NatWest said that since 2014 the number of customers using its branches had fallen by 40 per cent, while mobile transactions had increased by 73 per cent over the same period.

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 handling the sale of a number of retail bank properties.

“The former Richmond NatWest has great potential for change of use, subject to planning consent.

Richmond regularly appears in the UK’s best places to live rankings and it’s a busy visitor destination as well as being a thriving community in its own right.”

For information on the property and auction visit www.pugh-auctions.com