Burnham-On-Sea’s former Lloyds Bank building in the centre of the town has attracted high interest from potential buyers since going on sale in June.
With a guide price of £225,000, the building is prominently located on the corner of High Street and College Street. It is being sold as a former bank and apartment.
Lloyds closed its Burnham-On-Sea branch last autumn, as Burnham-On-Sea.com reported here, due to ‘declining use caused by a rise in digital transactions’.
Property agent Greenslade Taylor Hunt told Burnham-On-Sea.com: “We have undertaken around 25 viewings, went to best bids and the premises have been in solicitors’ hands at a price significantly above the guide for a couple of weeks now.”
The former bank went on sale in June and offers a former banking hall and ancillary areas totalling 1,356 sq ft on the ground floor, with a separately-accessed 4 bedroomed apartment on first and second floors totalling 2,354 sq ft.
“This is an attractive building arranged over ground, first and second floors benefitting from an enclosed gated yard to the side suitable for parking. The ground floor comprises a former banking hall, offices, stores, a strong room, a safe and a kitchen which is suitable for reconfiguration to a number of commercial uses.”
The closure of Lloyds meant Nationwide is the only remaining bank in Burnham-On-Sea.
Nat West shut down its Burnham-On-Sea branch in October 2017. Barclays Bank also closed its Burnham-On-Sea branch in 2018. And HSBC also shut its branch in Burnham-On-Sea’s College Street during 2017.
