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Known as “Friargate” or
“Market Street” or even “Friargate AND
Market Street”, this Branch of Martins Bank sits like so many others on the corner
of two thoroughfares – in this case in what is now one of the main shopping
areas of Preston. This was a favourite ploy of banks in the Nineteenth
Century – having one building with a presence in TWO streets at once. Preston’s large covered
market is just around the corner which suggests that Friargate Branch might
handle large amounts of cash. In Barclays’ time, the Branch is at first used
to offer banking services. This part of Preston undergoes pedestrianisation
and for the last few years of its life Friargate is a local training centre
for Barclays, as the upstairs rooms lend themselves well to a cheap
conversion into classrooms. |
In Service: 22 October 1923 until 1 February 1943 AND 23 July 1956
until 23 October 1991 Image © Barclays Ref 0030-2349 |
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By this time, the business
needs of ALL banks are changing almost
daily, and the doors of Preston Friargate and Market Street Branch are closed
forever in October 1991. Requisitioned
by the Ministry of Works…
From that point on, the records of what went on at
Friargate are a little confusing, and we must thank our good friends at Barclays
for turning detective, and piecing it all together for us. The story involves the building being used
for storage only for fourteen years, followed by a revival when space at the
main Fishergate Branch is suddenly at a premium…
However, to complicate matters the
Committee recorded on 27.7.55 that, ‘this office was closed in 1941, existing
connections being transferred to Fishergate Branch where our premises are no
longer adequate for the expanding business. Furthermore, many customers would
find Friargate more convenient and it was strongly recommended that we reopen
the Branch as a sub-office to Fishergate. The premises are at present let at
a rental of Ł367 per annum to HM Customs and Excise and we would suggest that
they endeavour to give us possession in, say, six months time.’ The minutes
for 8.6.56 record that Friargate would reopen as a sub to Fishergate on
23.7.56 }. |
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Images Martins Bank
Archive Collections - © Lancashire Evening Post, courtesy Preston Digital
Archive |
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