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Birmingham Post
Birmingham Post
Business
Laura James

Former bank and children's home among commercial lots up for grabs at auction

A former bank is among a cast of commercial properties which are due to go under the hammer next month.

The former RBS building in the centre of Newcastle-under-Lyme, in Staffordshire, will be up for grabs at the Bond Wolfe Auction sale at Villa Park, in Birmingham, on July 3.

The freehold property in the High Street occupies a prominent town centre location and is considered suitable for a variety of uses, subject to planning permission, and has a guide price of more than £285,000.

Elsewhere in the West Midlands, a town centre office building in Lichfield Street, Walsall, is up for grabs for more than £170,000.

The building is a period three storey mid-terraced property with single and two storey extensions at the rear.

Further south in Malvern, there is a town centre commercial investment opportunity in Church Street in the region of £235,000.

The building boasts a ground floor retail unit – which is currently occupied by the Shaw Trust on a 10-year lease until 2022 – while the upper two floors are home to office accommodation with planning permission for conversion to an apartment.

Other lots on the day include:

  • An office and retail investment in High Street, Knowle, near Solihul
  • A city centre property in Victoria Street, Wolverhampton, which is currently a restaurant
  • Viscount House - a former children’s home in Castle Vale, Birmingham.

Next month’s auction will be Bond Wolfe Auctions’ third auction of the year. It starts at 10.30am in the Holte Suite of Aston Villa FC.

More details can be found on the company’s website.

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