Former NatWest bank in Teddington under offer from ‘independent retailer’ tenant

By Oliver Monk

9th Jun 2024 | Local News

The old NatWest bank building is listed as a commercial let costing £55,000 per year. (Photo: Brasier Freeth)
The old NatWest bank building is listed as a commercial let costing £55,000 per year. (Photo: Brasier Freeth)

A potential tenant has put in an offer for the former NatWest bank building on High Street in Teddington.

6 High Street is currently on the rental market as a Class E commercial unit for £4,583 per month.

Commercial property company Brasier Freeth told Nub News it has received an offer from a potential new tenant for the building's ground floor retail unit, although the process is still in its early stages.

Anthony Appleby, the letting agent responsible for the property, says the offer is from "a very nice independent retailer" looking to bring their business to the centre of Teddington.

'The property is in shell condition ready for a tenant's fit out,' reads the listing. (Photo: Brasier Freeth)

"We had a reasonable amount of interest when it first went on the market," says Mr Appleby, with the old bank offering period features like its iconic pillars.

However, the agent explained the curved frontage of the property has been seen as "difficult" by some prospective tenants, as has the prospect of heating the unit with its tall 4.2-metre ceiling.

"It doesn't have all the glass at the front that retailers are looking for," he added.

6 High Street open as a NatWest location in July 2017, three months before the branch was closed. (Photo: Google Maps)

The building has largely remained unoccupied since NatWest closed its Teddington branch, one of 128 closures in October 2017.

While in its early offer stages, this new 'independent retailer' could breathe fresh life into one of Teddington's largest retail units.

The full listing for the property can be found on Brasier Freeth's website here, or Rightmove here.

     

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