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Buckinghamshire Bank Courts Developer Interest

Commercial property consultants Kirkby Diamond are set to market a potential development opportunity with the sale of a bank in Buckinghamshire.

The Victorian-period former bank building is located in a conservation area in the market town of Winslow and is on the market at a guide price of £500,000 for the freehold.

Nick Bosworth, Surveyor at Kirkby Diamond, said the property, which has a total of 4,159 sq ft of space over three floors and a basement, represents an excellent opportunity for redevelopment.

Nick states: “The property at 19 Market Square is a great example of Victorian architecture and makes a real statement. It is attracting a lot of interest from investors and developers because it has enormous potential.”

The entire building is currently let to Lloyds Bank, whose lease expires in January 2022.

Nick adds: “On the ground floor the property has a spacious banking hall with ancillary accommodation and on the first and second floors there are two, two-bedroom apartments that have the potential for refurbishment, or redevelopment subject to the necessary consent.”

Viewings for the property will take place on Wednesday, October 13, from 3 pm to 4.30 pm. Interested parties can contact Nick Bosworth directly on 01908 558746 or via email for more information.

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