Cash Access UK community banking hub could join the High Street in Downham Market if plans are approved

A community banking hub could become a new addition to a town if plans to convert a former shop premises are approved.

Proposals to construct the facilities of a community banking hub branch at the existing building of 10-12 High Street in Downham are currently being considered by West Norfolk Council.

Cash Access UK, described in documents as a not-for-profit company, hopes to make use of the building.

The company was set up by a number of UK banks and building societies to enable consumers and small businesses to access cash, deposit and basic banking services where they are needed.

If approved, the plans at the Downham site will include internal works, as well as the existing threshold being excavated and lowered to meet pavement level and provide level access.

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The premises, which are currently lying empty, were previously a retail shop selling outdoor equipment. It is on the high street, meaning it would be a prominent town centre spot.

A planning report prepared by Ridge & Partners LLP on behalf of Cash Access UK says the building will stay in keeping with the town, with the advertisement having “heritage aesthetic styled signage” to reflect the new Banking Hub services so it “pays respect to the historical context”.

“These additions are very much in keeping with the character of the area and the historical character of the building and will have very little impact on surrounding properties”, the report says.

The property consists of one building, 10-12 High Street, which is situated opposite a number of listed buildings within the town centre and a conservation area.

“10-12 High Street is a three-storey terrace building constructed in the 1800s,” the report adds.

“The ground floor of the property has previously been used as a shop floor, most recently for outdoor equipment, with the two upper floors converted for residential use.

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“There is also a small basement accessed from the ground floor.”

Banking problems have plagued Downham throughout the past year.

Lloyds on Bridge Street, the town’s last remaining full-time bank, is set to close permanently on March 25.

Bosses previously put this decision down to fewer people using their branches, saying more customers choose to do their everyday banking online.

If plans for the new banking hub are approved, it could provide a welcome boost to many of the elderly residents concerned by the thought of lengthy travels for money services.