Freehold Former Bank Opportunity with Immediate Asset Management Opportunities
Vacant former bank building
Prominent position within Market Place in close proximity to Cannock Railway Station
Approx. 289 sq. m. (3,107 sq. ft.) over ground, basement and first floors
Asset management opportunities
Nearby occupiers include Vodafone, Greggs and Boots
Not elected for VAT
Lot 50
Auction 30th October 2025
Vacant Possession
Status Available
Guide* £160,000
Sector Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
8 miles north of Walsall, 20 miles north of Birmingham, 10 miles west of Lichfield
Roads
A34, A5, M6, M54
Rail
Cannock Railway Station
Air
Birmingham Airport
Situation
The property is prominently situated on Market Place, with its principal entrance located on the west side of the square. It lies northeast of its junction with Market Hall Street, which serves as a key access route into Cannock Shopping Centre. Nearby occupiers include Vodafone, Greggs and Boots.
Tenure
Freehold.
Location
Miles
8 miles north of Walsall, 20 miles north of Birmingham, 10 miles west of Lichfield
Roads
A34, A5, M6, M54
Rail
Cannock Railway Station
Air
Birmingham Airport
Situation
The property is prominently situated on Market Place, with its principal entrance located on the west side of the square. It lies northeast of its junction with Market Hall Street, which serves as a key access route into Cannock Shopping Centre. Nearby occupiers include Vodafone, Greggs and Boots.
Tenure
Freehold.
Description
The property comprises a former bank building arranged over ground, basement and first floors.
VAT
Not elected for VAT
Viewings
There will be two block viewing dates arranged for this Lot prior to the auction date. Please contact Acuitus for further details.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a former bank building arranged over ground, basement and first floors.
VAT
Not elected for VAT
Viewings
There will be two block viewing dates arranged for this Lot prior to the auction date. Please contact Acuitus for further details.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Ground Basement First
Former Bank Ancillary Ancillary
178.00 42.20 68.40
(1,916) (454) (736)
VACANT
Total
288.60
(3,106)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
