Uppermill’s former NatWest Bank to go under hammer next month

THE FUTURE of the vacant Uppermill High Street building once occupied by the NatWest Bank has taken an intriguing twist.

Rumours of what next for the imposing property have kept Saddleworth guessing since the doors closed to customers for the final time on June 27.

Speculation has suggested Saddleworth’s last bank will become another eaterie or bar for which Uppermill has become increasingly popular.

However, when it goes up for auction with Pughs on September 12 with a guide price of £250,000, future owners will be restricted with what they can do with the building.

The sale prospectus states:

The property will be sold subject to restrictions preventing the following uses:

• Businesses involved with money lending
• Pawnbrokers/adult sex shops
• Bookmakers or any other gambling business or outlet
• Banks/ Building Societies
• A4 users (ie bars/public houses)

Despite the restrictions there will be plenty of interest when it goes under the hammer next month at the AJ Bell Stadium-home to Salford Red Devils and Sale Sharks rugby clubs.

The one-time bank is described as a “detached three storey (plus basement) town centre premises, together with an ATM that has been built in a separate room and is subject to a lease back to Natwest PLC.

“The property was previously used as retail/public areas to the ground floor, with offices, WCs, ancillary and staff facilities to the first floor. In addition, there are further rooms on the second.”

The guide also says: “The ATM machine, associated secure room and access are subject to a leaseback to NatWest Plc of for a term of 5 years at a rent of £2,000 per annum. The lease will be subject to a 3 month rent free period.”

 

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