A former high-street bank in Huntly is to be purchased by the Huntly & District Development Trust (HDDT) to become a hub for small business, self-employed workers and micro businesses.
Huntly & District Development Trust has been awarded £56,500 from the Scottish Land Fund to purchase the former Royal Bank of Scotland building in Huntly’s main Square.
After the announced closure of the branch in 2018, North East Liberal Democrat MSP Mike Rumbles called on the Scottish Government and local business to develop a new way of working, such as creating a hub for local businesses.
The building will become ‘the Hive’ with spaces for local enterprises and entrepreneurs to hot desk, host meetings and rent offices. Space for business support services will also be provided.
Mr Rumbles said: “Although it is shameful that banks have been closing across the North East, I am pleased that this former bank will now go on to be another great asset to the community in and around Huntly.
“It is innovative ideas such as this that will ensure our local economy is robust and fit for the future. As the way the economy functions changes we must provide support to new business to ensure they are successful.
“I would urge similar projects to apply to the Scottish Land Fund for grants. The Fund seeks to support rural and urban communities to become more resilient and sustainable.”