Freehold Former Bank Opportunity with Immediate Asset Management Opportunities
Vacant former bank building
Approx. 658.72 sq. m. (7,090 sq. ft.) over ground, first and second floors
Of interest to owner occupiers
Asset management opportunities
Residential development potential to upper floors (subject to planning)
Nearby occupiers include Lloyds, HSBC and Kingfisher Shopping Centre
Not elected for VAT
Lot 26
Auction 26th March 2026
Vacant Possession
Status Sold
Price £350,000
Sector High Street Retail, Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
12 miles south of Birmingham, 14 miles north-east of Worcester, 19 miles south-west of Coventry
Roads
A448, M42, A435, A38
Rail
Redditch Railway Station
Air
Birmingham International Airport
Situation
The property is prominently situated on the south side of Church Green East. Nearby occupiers include Lloyds, HSBC and a range of other independent businesses. The property also benefits from being opposite to Kingfisher Shopping Centre, which includes occupiers such as H&M, JD Sports, Primark, The Perfume Shop, Boots, Starbucks and Nando's.
Tenure
Freehold.
Location
Miles
12 miles south of Birmingham, 14 miles north-east of Worcester, 19 miles south-west of Coventry
Roads
A448, M42, A435, A38
Rail
Redditch Railway Station
Air
Birmingham International Airport
Situation
The property is prominently situated on the south side of Church Green East. Nearby occupiers include Lloyds, HSBC and a range of other independent businesses. The property also benefits from being opposite to Kingfisher Shopping Centre, which includes occupiers such as H&M, JD Sports, Primark, The Perfume Shop, Boots, Starbucks and Nando's.
Tenure
Freehold.
Description
The property comprises a former bank building arranged over ground, first and second floors with a car park to the rear for approximately 5 vehicles, which can be accessed via Wellington Street.
VAT
Not Elected for VAT
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
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, first and second floors with a car park to the rear for approximately 5 vehicles, which can be accessed via Wellington Street.
VAT
Not Elected for VAT
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
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.)
Possession
Ground Ground First First Second Second
Retail Office Ancillary Office Ancillary Office
293.30 102.70 107.30 83.62 19.60 52.20
(3,157) (1,105) (1,155) (900) (211) (562)
VACANT
Total
658.72
(7,090)
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.
