Wakefield HSBC branch to go up for auction

Wakefield HSBC branch to go up for auction

The former HSBC bank in Ossett, Wakefield, will feature in Pugh’s next property auction at Leeds United Football Club on 11 April.

The four-storey 3,000 sq ft former bank, which closed in 2017, is being auctioned with a guide price of between £140,000 and £150,000. The property is a traditional stone and brick build and includes two basements.

At the time of the closure HSBC said that falling usage figures at certain branches had required them to restructure in order to improve their services.

Paul Thompson, managing director of Pugh auction house, said: “As more and more people make the shift to digital services our banking clients are reviewing their property portfolios and assessing requirements for the future.

“The former Ossett RBS branch property is quite a grand building and has potential for change of use, subject to planning consent. From a business perspective it is in a good location on Ossett’s main shopping street, surrounded by a range of national retailers.”

For more information on the Ossett bank premises, and to view the full auction catalogue, go to www.pugh-auctions.com

Established 26 years ago, Pugh is the largest auctioneer outside of London and was acquired by property consultant Eddisons in 2016. The firm’s next property auctions will take place at Leeds United’s Elland Road football ground in Leeds on 11 April and at the AJ Bell Stadium in Manchester on 9 April.