Summary - The Old HSBC Bank, 2 Westdyke Road, Redcar, TS10 1EA TS10 1EA
1 bed 1 bath Commercial Development
Central conversion opportunity near seafront and station.
Freehold former bank in central Redcar, strong street visibility
An unfinished former bank in Redcar town centre, offered freehold and sold at auction with a starting bid of £90,000. The ground-floor banking hall has high ceilings, large display windows and an open-plan layout that delivers strong street visibility and flexible conversion potential for retail, office or mixed residential use (subject to planning).
The property includes an upper floor of approximately 357 sq ft which is currently inaccessible; stair installation work has started but the upper level requires completion. The building is in a stripped-out, renovation state with exposed studwork, debris, likely structural and roof repairs, and internal fit-out required — budget for a comprehensive refurbishment.
Location is a key selling point: immediate central position beside Redcar Clock, a short walk to the seafront, and close to Redcar Central rail station and local bus routes. Amenities are plentiful nearby, yet be aware the immediate area has very high crime levels and is classified as very deprived, which may affect tenant demand and insurance costs.
This lot is sold at auction. Successful bidders should allow for auction payment terms including a non-refundable 5% deposit on exchange and a reservation fee of up to 6% including VAT (minimum fee applies). Legal due diligence is advised; a legal pack should be reviewed before bidding.
High street retail property for sale in The Old HSBC Bank, 2 Westdyke Road, Redcar, TS10 1EA, TS10 — £90,000 • 1 bed • 1 bath • 1190 ft²
Commercial property for sale in High Street, Redcar, TS10 — £179,995 • 1 bed • 1 bath • 2776 ft²
Office for sale in 5 & 5a High Street, Redcar, North Yorkshire, TS10 — £195,000 • 1 bed • 1 bath • 4897 ft²
High street retail property for sale in High Street, Redcar, North Yorkshire, TS10 — £750 • 1 bed • 1 bath • 22852 ft²
2 bedroom terraced house for sale in 168 High Street, Redcar, North Yorkshire, TS10 3AW., TS10 — £70,000 • 2 bed • 1 bath
End of terrace house for sale in Station Road, Redcar, TS10 — £229,950 • 1 bed • 1 bath • 2640 ft²
