Oldham RBS bank to go under the hammer

Written by: Paul Thompson on 10th July 2019

Oldham RBS bank to go under the hammer

The former RBS bank in Shaw, near Oldham, has been put for auction with a guide price of £100,000.

The building will feature among around 100 lots in the next North West Pugh property auction at Manchester’s AJ Bell stadium on 16 July.

 The 3,000 sq ft, two-storey bank on Rochdale Road in Shaw was closed in January as part of a planned UK programme of branch closures.

Paul Thompson, managing director of auction house Pugh, said: “With its large arched windows and decorative masonry this former bank building is a distinctive property in the centre of a busy town.

“These unique and interesting properties often come onto the market via our retail banking clients as they re-evaluate their bricks and mortar assets and expand their digital services.

“The building itself is in a good location, with excellent links to Rochdale, Oldham and the north west motorway network, and has great potential for redevelopment, subject to the buyer obtaining planning consent.”

For more information on the former bank click here.

Written by: Paul Thompson on 10th July 2019


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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