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Newtown’s axed Ulster Bank premises up for sale

The former Ulster Bank premises in Newtownhamilton has gone on the market.

The branch, based at 12-14 The Square, was one of 10 across the Province announced for closure last November.

Today (Tuesday), the building has been put on the market with offers being invited in the region of £90,000.

Ulster Bank announced plans to close two county Armagh branches in a move which was widely condemned.

Branches in Newtonhamilton and Tandragee have since shut up shop..

Business dealt with in Tandragee was transferred to the Portadown Branch, while customers who use the facility in Newtownhamilton were being advised to go to Newry.

The property is being advertised for sale by DTZ McCombe Pierce, which describes the property as occupying a “prominent position in the heart of the village”, at the corner of The Square and Armagh Street.

The two-storey property also includes a gated rear yard/parking area.

The ground floor, according to the agent, consists of a former banking hall, two offices and strong room, whilst the first floor provides three offices, kitchen and toilet facilities.

It says the property falls within the ‘town centre’ boundary and is designated as unzoned ‘whiteland’ in the Banbridge, Newry and Mourne Area Plan 2015.

It is therefore, listed as being suitable for a variety of uses or for redevelopment, subject to approvals.

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