A FORMER bank in Winchester city centre is set to be transformed into a luxury showroom.

One of the UK's leading suppliers of quality home furnishings Holloways of Ludlow is to redevelop the former RBS bank.

A lease has been agreed for the basement, ground and first floors with the showroom spanning c.3500 sq ft.

Holloways of Ludlow was founded in 1985 by the Holloway family in the market town of Ludlow.

For over 35 years, Holloways has nurtured a reputation for sourcing unique contemporary lighting, furniture, and home accessories and become a leading supplier to design professionals.

Since 2002, when Mark Holloway took over the reins, the business has grown significantly. With showrooms in London, Kent, Bath and soon Winchester, Holloways has firmly established itself as part of the UK’s independent retail landscape.

Mr Holloway, CEO at Holloways of Ludlow, said: “We are delighted to be opening our showroom in Winchester very soon. At Holloways we always aim to satisfy the needs of our customers, helping them to find their perfect furniture and lighting. We place particular importance on our showrooms as it allows us to meet and help our customers in person. Nothing beats seeing our beautiful products in the flesh, and the unparalleled personal service and expert advice we can provide in-store.”

Chris Bickle, director in the Licensed Leisure team at Savills Southampton, added: “The letting to Holloways of Ludlow not only demonstrates the appeal of Winchester for luxury brands but also the relevance of physical High Street locations by providing a consumer experience. We have seen real positivity returning to the city centre after a very challenging period for many businesses.”

Savills acted on behalf of the Southampton based Deanstone Property Limited, a subsidiary of the Lainston Group.

A second floor office suite of 1,000 sq ft remains available to let through Savills.