The purchase of the former Danske Bank building in Kilrea has been agreed with local company Donaghy Bros the new owners of the historic building.
The branch served customers face-to-face for the last time on December 4 after Danske Bank deemed it ‘unsustainable to remain open’.
Constructed in 1885, the building contains 3,540 square feet and was on the market for £130,000.
Speaking to the Local Democracy Reporting Service, James Donaghy, Managing Director of Donaghy Bros confirmed the local company, a leading independent electrical retailer, had agreed on the purchase of the iconic building on Main Street, Kilrea.
Mr Donaghy said: “We’re a family run business and have been operating in Kilrea since 1964 so we were keen to ensure that the building was brought back into use and stop it becoming dilapidated.
“This is an exciting project for us, and we hope, for the town of Kilrea as a whole.
“We’re keen to ensure that the town is an attractive, vibrant place for people to live, work and shop in.
“As proud Kilrea people we’re honoured to have acquired such a historic and beautiful building and it will be renovated with a view to expanding upon our existing modern office space and also to provide a training centre for staff.
“The acquisition of the property is part of an overall growth strategy for our electrical retail business and will expediate our plans for recruitment going forward.”
