A former Barclays Bank branch in Trowbridge has been relisted for sale at £250,000 after failing to sell at a commercial property auction on March 19.
The branch at 3 Fore Street, Trowbridge, is being listed for sale as Lot 206 in the auction by commercial property agents Savills on Tuesday, April 16.
It was initially listed with a price tag of £250,000 and then offered at £275,000 but failed to sell so has been relisted again and the price dropped by £25,000.
Savills describes the premises as a “prominent former bank building of 2,351 sq ft (218.44 sq metres)” as being of interest to investors and developers.
The listing says: “The property comprises a vacant former bank situated in the heart of Trowbridge.
“Arranged across ground, first and second floors, the property provides approx. 2,351 sq ft (218.44 sq m) of accommodation.
“The property was formerly let to Barclays and is therefore fitted with a sales area/bank hall to the ground floor with offices and ancillary accommodation to the upper parts. There is a garden area to the rear.”
The guide price reflects a low rateable value of £106 per square foot. The property is being offered with full vacant possession.
Savills say it has potential for development or conversion, subject to obtaining the necessary planning consents from Wiltshire Council.
The branch closed on Friday, September 2, 2022, as part of a national cull of 75 branches by the UK ‘big four’ high street bank.
Its closure followed similar Barclays Bank closures in Devizes, Marlborough, Warminster and Westbury.
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