A prominent former bank building in a neighbouring Derbyshire town is set to go under the hammer later this month – with potential to be transformed into a restaurant, apartments or office space.
The former HSBC branch on Church Street in Ripley will feature in a live-streamed auction on 30 April, with a guide price of £160,000.
The three-storey property, which spans around 4,600 sq ft, closed in April last year as part of a wider programme of bank branch closures across the UK.
A building with 140 years of history
Originally built in the late 19th century, the building began life as the Nottingham Joint Stock Bank and has served the town’s financial needs for more than 140 years.
Over the decades, it has operated under several well-known banking names, including Midland Bank, before becoming an HSBC branch in more recent years.
Despite its closure, many of the building’s original features remain intact – including a wood-panelled banking hall and decorative period details reflecting the grandeur of Victorian banking architecture.
What could it become?
According to auctioneers BTG Eddisons Property Auctions, the building offers significant redevelopment potential.
Suggestions include:
- A restaurant or bar making use of the characterful ground floor
- Luxury apartments using the upper floors
- High-spec office space
All options would be subject to planning permission.
The property also includes a former manager’s residence and a rear courtyard, adding to its flexibility for future use.
Auction details
The property will go under the hammer on 30 April as part of a national online auction event.
For more details and bidding information, visit www.btgeddisonspropertyauctions.com.
