Wakefield HSBC branch to go up for auction

Written by: Paul Thompson on 8th April 2019

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, click here.

If you have property or land to sell, click here for a FREE auction appraisal. 

Written by: Paul Thompson on 8th April 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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