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History in the wall – From Martins Bank to an eyesore

Former Martins Bank, now listed as Cumberland House, on Eyre Street, Sheffield. Photograph: DJP/2021

History is all around us. Keep your eyes open and sometimes you will see something that reveals something of our past. At the corner of Eyre Street and Cumberland Street, set in the wall of a building, is an old night safe. Unused for forty-eight years, it is marked ‘Martins Bank Limited’.

It is an obvious clue as to the origins of this rather run-down looking 1960s building, and tells us that once-smart buildings can become eyesores if we don’t look after them.

A clue at the building’s former use. Night safes were built on the outside of banks, allowing money to be deposited into the bank’s safe outside of bank opening hours. Photograph: DJP/2021

Martin’s Bank was a London private bank that could trace its origins back to the London goldsmiths. Martin’s agreed to its acquisition by the Bank of Liverpool in 1918, which wanted a London presence and a seat on the London Bankers’ Clearing House; the Martin’s name was retained in the title of the enlarged bank which was known as The Bank of Liverpool and Martin’s Limited. The title was shortened to Martins Bank Limited (without an apostrophe) in 1928.

The bank had a presence in Sheffield from 1927 when the Equitable Bank, at 64 Leopold Street, merged with the Bank of Liverpool and Martins. It outgrew the premises and opened a new branch in the Telephone Buildings at the bottom of West Street in 1930. It wasn’t until 1960 that a Sheffield University branch was opened, quickly followed by this purpose-built bank  – Sheffield Moor – on Eyre Street. (Another, on Bank Street, came later).

This branch opened in 1961 on land that had once been the site of Greer and Rigby, Surgeons, and land left vacant after the bombings of World War Two.

Junction of Porter Street and Cumberland Street (in background). No 118, Porter Street, former premises of Greer and Rigby, Surgeons. Former entrance to Court No. 10 on left. Porter Street later became part of Eyre Street. Photograph: Picture Sheffield
Martins Bank in 1963. It did not occupy all the building, following the Victorian tradition of creating shop and office rental space to generate additional income. Photograph: Picture Sheffield
Martins Bank in 1970. The old buildings adjacent were demolished to make way for Deacon House. Photograph: Picture Sheffield

According to archives, this part of Sheffield was too far from the old commercial quarter to be effectively served by the West Street branch. “A beautiful modern building with interior décor which responds to the full blaze of sunshine most cheerfully, or, on a dark day when the illuminated ceiling has to be switched on, creates an oasis of light, warmth and welcome which makes it a pleasure to step inside.”

The ground floor was shared with Olivetti, typewriters, and office machine dealers, while the British Wagon Company occupied part of the first floor.

Martins Bank was bought by Barclays in 1968 and five years later the Sheffield Moor branch was closed – its existence as a bank lasting only twelve years.

The building itself was used for a variety of purposes, even a gym, and is now sub-divided as office space.

© 2021 David Poole. All Rights Reserved