Sale could help boost Buckhaven

Old RBS bank which has planning permission for a three-bedroom dwelling

Old RBS bank which has planning permission for a three-bedroom dwelling

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One of Buckhaven’s empty buildings, which has been described by one local resident as ‘a blot on the landscape’, could be given a new lease of life after being put up for sale.

The former bank and office building, situated on the corner of Church Street and Randolph Street, has been empty since RBS pulled out of the town in 2011.

But following planning permission for a three-bedroom house, the building is now up for sale.

The plan, which has been approved, would see the whole top floor turned into three bedrooms, two en-suite, a living area and study, while part of the ground floor would feature a second living area, kitchen and bathroom.

The second part of the ground floor is not included in the sale because it is still being rented out by the owner to RBS until 2026, however it is stated that they would consider sale of the whole building depending on ‘income producing investment’.

Doug Smart, owner of Crieff-based Smart & Co, which is handling the sale of the building and said: “The building has been on the market for around two-three months, and so far there has been a bit of interest.

“The cost of renovating the property would really depend on the standard that the person wanted to do it to, but this could suit either a family who plan to live in the property, or a developer who may want to rent it out.

“This is a prime area for development and people are hopefully seeing the signs that we are now coming out of recession.”

Councillor John O’Brien said he would love to see something done with the building.

“I grew up in the area and Bank Corner used to be a 
pillar in the community, so it’s 
a real shame to see the deprivation which is now in the area.

“I do hope someone can do something with it, and I would support development in the area.”