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Bank puts three branches on market

posted 8 Jan 2010, 05:48 by David Rintoul   [ updated 8 Jan 2010, 06:03 ]

Two city banks are being lined up for a transformation into bars or restaurants after being put on the market.

The Evening News revealed last November that the Bank of Scotland was preparing to dispose of three branches in the city centre as it prepares to open its first bank on the Royal Mile.

Agents marketing the properties say there has been strong interest from bar, restaurant and cafe operators in two of the branches – on Chambers Street, opposite the National Museum of Scotland, and on Castle Terrace, on the corner of Lothian Road.

The Castle Terrace branch, which is owned by a private landlord based in England, is available to rent and is seen as an ideal site for a restaurant, close to two other new eateries, Nando's and Illegal Jacks. Pub operators have also expressed an interest.

The Chambers Street branch is up for sale and spans two upper floors as well as basement and sub-basement levels. It has attracted interest from restaurant operators.