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Kelty bank could be real moneyspinner after being put up for sale

Banking on a brighter future: Councillor Alex Campbell hopes the old Kelty bank will soon have a new use. Below, the cash machine remains in use.
Banking on a brighter future: Councillor Alex Campbell hopes the old Kelty bank will soon have a new use. Below, the cash machine remains in use.

It looks like a buyer’s dream an unrivalled opportunity to acquire a lovely new property, complete with plenty of cash on tap.

Well, not quite, but the former Royal Bank of Scotland branch in Kelty has been put up for sale.

The only drawback is that the new owner will have to keep its hole-in-the-wall cash machine although sadly not the contents.

Yet the ATM could generate £3,500 a year in rental income, according to SVA Property Auctions which will be selling the former bank.

The prominent detached building fell victim to the RBS closure programme last year, along with branches in Elie, Aberdour, Crail and Newburgh. The closures came as a major blow to villagers but the cashline machine in Kelty was reprieved and remains attached to the front of the Main Street building.

Now it is hoped the former bank will soon be opening its doors again to a new business, subject to strict conditions. The ATM is in a secure room with a separate entrance.

But the buyer will be debarred from having anything to do with money lending, pawnbrokers, banks or building societies, gambling or bookmaking.

The former bank will come under the hammer next week.

Local councillor Alex Campbell hopes the sale will be a shot in the arm for the former mining village.

He said: “Hopefully we can get some business back on the Main Street to serve the community again.”

“It was a bitter blow when the bank closed and I hope that this will breathe new life into the boarded-up empty building and be something beneficial to the village.”