New shops and apartments to replace closing Halifax Bank branch in Smethwick

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There are plans to replace the bank with new shops and apartments

The Halifax branch on Bearwood Road, Smethwick, is set to close its doors and be transformed into two new retail spaces and six apartments, according to a planning application submitted by NTInvestments, based in Perry Barr.

The existing bank building will undergo refurbishment and be divided into two separate units.

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An extension at the rear will be constructed, along with the conversion of the currently vacant second floor, to accommodate the six new apartments.

The residential units will consist of two one-bedroom and four two-bedroom flats, with two parking spaces provided.

A statement included with the application said: “The design of the retail units and apartments have been carefully considered to ensure that they are both functional and visually appealing.

Smethwick's Halifax branch set to close for new shops and flatsSmethwick's Halifax branch set to close for new shops and flats
Smethwick's Halifax branch set to close for new shops and flats | Google Maps

“The retail units have been designed to attract new businesses that complement the surrounding area, while the apartments would offer attractive, nationally space standard-compliant living spaces for residents.

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"The conversion of the existing Halifax bank building into retail units would contribute to the diversification of commercial offerings within the area, fostering economic vibrancy and serving the needs of local residents and visitors alike.

“As with much of the financial sector, many high street banks with the increasing use of technology, no longer feel they require a presence on the high street.

"The strategic location of the building, coupled with its architectural integrity, makes it an ideal candidate for adaptive reuse, preserving its history.

“Additionally, the introduction of apartments to the rear of the site would address the growing demand for residential spaces in sustainable locations, providing convenient access to amenities, employment opportunities and public transportation hubs.

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“Overall, the proposed development would breathe new life into the existing building and surrounding area, providing retail opportunities and much-needed homes.”

The Halifax branch has been a part of Bearwood since 1997.

It is located a short distance from the former Ex-Catalogue Direct shop in Bearwood, which is slated to become a new shisha lounge, cocktail bar, and restaurant.

Deniz Akgul’s plans include a new shisha bar and restaurant on the ground and first floors, a cocktail bar on the second floor, and a new roof terrace along Anderson Road, previously the location of the wallpaper and paint discount store, Home Zone.

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