Front elevation of the former Clydesdale Bank, Banff, in direct sunlight

RCM Property Ltd · Heritage Property / Historic Building

Former Clydesdale Bank, Banff

Banff, Scotland

Location
Banff, Scotland
Status
Project Development
Type
Heritage Restoration & Adaptive Reuse

01: The Project

The property & its future

The purchase of the Category B listed former Clydesdale Bank in Banff is planned for November 2026. RCM Property Ltd is currently looking into the possibility of obtaining a grant to allow urgent roof repairs to be carried out.

The plan is to convert the building into a restaurant. When complete, the building will provide a new 35-cover restaurant with access to a courtyard, and potentially a bar/bistro in the former bank building.

The refurbishment and redevelopment of the building are being undertaken in phases, subject to the availability of funding.

Phase 1: Internal Refurbishment

Phase 1 comprises the comprehensive internal refurbishment of the building and is anticipated to be completed by March 2027.

Phase 2: External Restoration

Phase 2 will commence following the completion of the internal refurbishment and will involve extensive restoration and improvement works to the property’s external front and rear elevations.

Phase 3: Proposed Restaurant Development

Phase 3 is envisaged to include the development of a 35 cover restaurant, with access to a proposed courtyard to the rear of the building. This phase remains subject to further review and assessment, with works provisionally anticipated to commence in July 2027.

In parallel, a further assessment of the former bank building’s potential uses is planned for 2027. This will explore options for its longer term use and development, including the proposed 35 cover restaurant, to ensure that future investment supports the building’s sustainable and viable use.

Angled street-level view of the former Clydesdale Bank building, Banff
The building from street level.

03: Project Details

At a glance

Location
Banff, Scotland
Historic designation
Category B listed building
Current status
Project development
Proposed use
Proposed 35-cover restaurant with courtyard access and potential bar or bistro.
Development approach
Refurbishment and redevelopment undertaken in phases, subject to funding availability.
Urgent works
Roof repairs
Purchase
Planned for November 2026.
Phase 1
Comprehensive internal refurbishment, anticipated completion March 2027.
Phase 2
External restoration and improvement works to the front and rear elevations, following completion of Phase 1.
Phase 3
Proposed 35-cover restaurant with access to a rear courtyard. Works provisionally anticipated to commence July 2027, subject to further review and assessment.

04: Project Information

Consultants & investment

Project consultants

Architect
Derek L Young
Quantity Surveyor
FG Burnet
Services Consultant
RIO Property
Main Contractor
RCM Property Ltd

Project costs

Purchase and urgent repairs
£100,000
Development costs
£175,000
Capital costs (Phase 1)
£275,000

Project funding

Urgent repairs
RCM Property Ltd
Development
RCM Property Ltd
Capital
Loan/Investment

05: Enquiries

Get in touch

Contact

RCM Property Ltd

Email

admin@rcmpropertyltd.com

Address

20 Wenlock Road, London, England, N1 7GU