Former Barclays bank goes on the market

The former Barclays Bank in Castle Street is on the market with offers over £125,000.

A post on the property website Prime Location gives a full description of the imposing building next to Centenary Square which closed in July.

A agent's description says: "The property comprise a three storey building of brick construction under a pitched slate roof. Internally the building provides a former banking hall, leading back to office, safe, kitchen and w/c facilities. 

"There is further storage in the basement. The upper floors are residential flats and have been sold off on long leases.

"The property has been measured in accordance with the RICS Code of Measuring Practice as follows. 

"Tenure: Freehold, the first  and second floor flats have been sold off on 125 year long leases at a Peppercorn rent."

At the time its closure as a bank was announced Barclays said in a statement: “Our customers’ behaviour has changed significantly in recent years, with the majority now choosing online banking. 

“This is reflected at Llangollen branch, and as we adapt, we are finding new ways to support our customers by maintaining our community presence with options for customers who still require in-person support.

“In Llangollen we plan to open a Barclays Local – a pop-up cashless banking site where customers can meet a colleague face-to-face for banking support, as they would in a branch and without the need to travel. We are currently working with the local community to identify a suitable location and will announce details once confirmed.”

Later in its response, the company says: “We will be proactively engaging with local businesses and the wider community to discuss the alternative ways customers will be able to undertake their banking locally.

“We will be offering virtual ‘tea and teach’ sessions for customers wishing to explore digital banking and other alternatives to branch based banking.”

* For more information about this property, go to: https://bacommercial.com/property/9-castle-street-llangollen-denbighshire/or call BA Commercial on 01244 725457