High street banks and post office to feature in Pugh’s North West auction


Written by: Paul Thompson on 24th May 2019

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High street banks and post office to feature in Pugh’s North West auction

Southport’s ornate town centre former post office, as well as former RBS and NatWest branches in Wigan, Fleetwood, Cleveleys and Newton‐le‐Willows, will all go up for sale among around 100 lots at Pugh’s next North West property auction, at the AJ Bell Stadium in Manchester on 4 June.

The 5,000 s ft 19th century former post office property on Lord Street in Southport has been given a guide price of £195,000.

Paul Thompson, managing director of auction house Pugh, said: “This is a handsome and historic building in the heart of the town and there is enormous potential for redevelopment, subject to the buyers obtaining the relevant planning consent.

“As post offices and banks close across the country many unique, interesting and sometimes historic properties, such as this one, are coming on to the market with lots of possibilities for new and imaginative future uses.”

Cleveleys’ 2,000 s ft single‐storey former RBS property on Victoria Square has been given a guide price of £125,000, while the 3,000 sq ft, three‐storey RBS in Fleetwood is being auctioned with a guide price of £100,000.

The bank properties in Wigan and Newton‐le‐Willows have been priced at £90,000 and £60,000 respectively.

For more information and to view the full auction catalogue, click here



Written by: Paul Thompson on 24th May 2019

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About the Author

Paul is a Chartered Surveyor and member of the National Association of Valuers and Auctioneers (NAVA). He is also one of the few auctioneers in the country with a position on the RICS Real Estate Auction Committee.

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