Freehold Former Bank Opportunity with Immediate Asset Management Opportunities
Vacant former bank building
Prominent position in town centre
Approx. 421.20 sq. m. (4,534 sq. ft.) arranged over basement, ground, first and second floors
Upper floors offer potential for residential conversion (subject to planning)
Nearby occupiers include John Lewis, Waitrose, Sainsbury’s, Boots, Poundland (opposite) WHSmith, Costa Coffee, Gail's, Greggs, Loungers and Nationwide
Not elected for VAT
Lot 26
Auction 17th September 2026
Vacant Possession
Status Available
Guide* Refer to Auctioneer
Sector Retail, Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
20 miles north of Central London, 7 miles north-east of St Albans, 6 miles west of Hertford
Roads
A1(M), A414, A1000
Rail
Welwyn Garden City Railway Station (direct services to King's Cross in approx. 25 minutes)
Air
London Luton Airport, London Stansted Airport
Situation
The property is prominently situated on the north side of Stonehills in Welwyn Garden City town centre, close to its junction with Howardsgate and immediately adjacent to the town’s principal retailing area. The property benefits from being within walking distance of Welwyn Garden City Railway Station and The Howard Centre. Nearby occupiers include John Lewis, Waitrose, Sainsbury’s, Boots, Poundland (opposite) WHSmith, Costa Coffee, Gail's, Greggs, Loungers, Nationwide and a range of independent businesses.
Tenure
Freehold.
Location
Miles
20 miles north of Central London, 7 miles north-east of St Albans, 6 miles west of Hertford
Roads
A1(M), A414, A1000
Rail
Welwyn Garden City Railway Station (direct services to King's Cross in approx. 25 minutes)
Air
London Luton Airport, London Stansted Airport
Situation
The property is prominently situated on the north side of Stonehills in Welwyn Garden City town centre, close to its junction with Howardsgate and immediately adjacent to the town’s principal retailing area. The property benefits from being within walking distance of Welwyn Garden City Railway Station and The Howard Centre. Nearby occupiers include John Lewis, Waitrose, Sainsbury’s, Boots, Poundland (opposite) WHSmith, Costa Coffee, Gail's, Greggs, Loungers, Nationwide and a range of independent businesses.
Tenure
Freehold.
Description
The property comprises a former bank building arranged over the ground floor with ancillary commendation in the basement and on the first and second floors.
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
Band E.
Description
The property comprises a former bank building arranged over the ground floor with ancillary commendation in the basement and on the first and second floors.
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
Band E.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq. ft.
Possession
Basement Ground First Second
Ancillary Former Bank Ancillary Ancillary
32.00 190.30 94.10 104.80
(344.44) (2,048) (1,013) (1,128)
VACANT
Total
421.20
(4,534)
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
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.
