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Former Shildon bank still empty ten months after branch closure
1:18pm Friday 9th August 2013 in News
A FORMER bank is still on the market ten months after the branch’s controversial closure.
The HSBC branch on Main Street, in Shildon, closed its doors on October 12, last year leaving the town without a bank.
The closure took place despite protests from residents, many elderly or disabled, who face a six-mile round trip to visit a bank branch.
HSBC blamed the closure on a drop in footfall at the Shildon bank. But residents collected 400 signatures on a petition against the closure.
Mick Waterson, Shildon Town Council, clerk said: “It’s a crying shame that it’s stood empty considering the prominent position it occupies near the main shopping street.
“The council has not heard any rumours about the bank building. A planning application has not been submitted.
“In the current financial climate I’m not surprised that no-one has shown any interest.”
Critics of the bank’s closure felt it would badly affect Shildon’s businesses and could also deter potential employers from setting up in the town.
A HSBC spokesman said: “I do not think that HSBC will move back into the branch to re-open it as a branch within the town.
“The building is currently up for sale and we are seeking a buyer for the site. Until a deal is completed we cannot say anymore.”
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