Blackpool bank site up for auction

The former Co-op bank site in Blackpool
The former Co-op bank site in Blackpool

A former Co-op Bank building in Blackpool town centre has been put up for sale at auction with a guide price of £100,000.

The 6,700 sq ft three-storey building on Clifton Street will feature in the next Pugh property auction in Manchester on June 7, along with several other former retail bank properties as branches continue to close down on high streets across the country.

Paul Thompson, managing director of Pugh auction house, said: “We have seen a number of former banks coming to the room, in both our North West and Yorkshire auctions, as our banking clients review their property portfolios and requirements going forward.

“The bank properties tend to be in prominent town centre locations and, in many cases, are impressive buildings in their own right with good opportunities for either redevelopment or change of use. Recent auctions have seen strong demand based on these factors and we expect to be offering quite a few over the coming months.”

The firm’s next property auctions will take place at the AJ Bell Stadium in Manchester and at Elland Road football ground in Leeds on June 7.