A FORMER Llandrindod Wells bank which closed earlier this year has been put on the market.

Lloyds Bank closed its Middleton Street branch on January 16 this year. It came after the spa town’s Barclays branch shut its doors in August 2021 – leaving Llandrindod with just one recognised bank, HSBC.

The five-storey property is available for £155,000 and boasts a coveted central location within the town’s primary shopping street, and is seen as ideal for alternative use.

Key features include a fully-fitted with alarm system; disability access and a basement to ground floor elevator; walk-in strong room with a number of safes; retail area, basement kitchen/rest room, offices and extensive storage.

OTHER NEWS:

Advertised on rightmove by James Dean, the is described as: “A substantial end-terrace former bank which closed in January 2023.

“Constructed in conventional style with part brick and part sandstone elevations under a pitched slate clad roof, the accommodation has over a number of years been used solely for business purposes only and includes the former banking hall with office, small lift to the basement with strong room and safes.

“The upper floors have been utilised for kitchen/rest room, offices, male and female WCs and storage. To the rear is an enclosed yard with pedestrian access. The property has all mains services connected.”

Brecon and Radnorshire MP Fay Jones said that she was “disappointed” with the announcement of the bank’s closure last July, “especially after the loss of Barclays” the previous August.

Llandrindod county councillor Pete Roberts described the closure as “another kick in the teeth” for the town.

Lloyds said it had taken the decision as fewer customers had been visiting the branch, with 126 people using it regularly in the 12 months to March 2022, during which there were coronavirus restrictions.

They added that 72 per cent of customers already use other ways of banking, such as over the phone or internet banking, as well as other branches.

County Times:

The nearest Lloyds Bank’s remaining branches in Powys are located in Presteigne, Newtown and Brecon.

In the same week that the Llandrindod branch’s fate was sealed, it was revealed that Lloyds' Welshpool branch was also closing in January 2023, leaving Powys' third largest town without a single bank whatsoever.

Viewings for this property are strictly by appointment. Call 01982 510044 to book one or to find out more information, or view the premises at https://www.rightmove.co.uk/properties/139446647.