New lease of life for former Perth bank building

One of Perth’s most high profile empty buildings is in line for a £1 million-plus investment.

The Clydesdale Bank relocated from their South Methven Street base to the High Street more than two years ago.

Their former city HQ has lain empty ever since, joining the adjacent St Paul’s Church and former Clachan Bar and Quality Cafe buildings opposite in a triangle of dereliction.



Earlier this week, Perth and Kinross Council unveiled plans to buy and convert the church into a new public space.

Now an experienced local commercial property developer is providing the Fair City with early Christmas cheer, pressing ahead with the biggest private sector investment in the city centre since the economic crash of 2008.

Businessman Brian Blair’s Verimac Ltd has acquired the building and the company unveiled their plans for the former bank headquarters.

The building offers around 10,000 square feet of floorspace and 16 parking places and the company plans to develop the building into four separate units.

Two large ones will be for let while solicitors McCash and Hunter will continue to operate the ground floor property shop and retain their first floor offices.

High-end office accommodation will form part of the project and before the end of the month the paperwork will be completed on a contract which will see an expanding local business assume occupancy of part of the building.

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