Former HSBC bank in Derbyshire town centre goes up for auction – with guide price of £160,000
A former HSBC branch in a Derbyshire town is set to go up for auction this month – with a guide price of £160,000.
The three-storey, 4,600 sq ft former bank on Church Street in Ripley shut its doors last April as part of a planned programme of branch closures – and will now feature in the next live stream auction held by BTG Eddisons Property Auctions on April 30.
Built in the late 19th century to reflect the prestige of the Victorian banking era, the building originally opened as the Nottingham Joint Stock Bank and served the community’s financial needs for 140 years through various incarnations, including Midland bank and most recently HSBC.
Robert Stone, director at BTG Eddisons Property Auctions, said: “This is a striking building, full of character and in a fantastic, prominent location in the town centre.
“With its original wood-panelled banking hall and ornate features, the building would lend itself well to a restaurant or smart bar, while the expansive upper-floor manager’s residence and rear courtyard have potential for luxury apartments or a high-spec office space, all subject to the relevant planning consent.”
He added: “Ripley is an ideal spot for a project like this because it offers a unique ‘best of both worlds’ location.
“It’s a gateway for visitors heading into the Peak District, while its easy access to Derby, Nottingham and Sheffield also makes it a popular commuter hub for professionals. We’re expecting significant interest in this unique and historic redevelopment opportunity.”
BTG Eddisons Property Auctions is a national auction business formed by uniting the regional brands Pugh, SDL Property Auctions, Mark Jenkinson and Network Auctions. It now hosts a three-day national auction event every month.
For more details and bidding information, visit www.btgeddisonspropertyauctions.com.