THE FORMER bank building on Bryan Street will be home to a luxury patisserie by mid July.
The regeneration of the area will see the existing ground floor being transformed into a cafe and interior design shop with apartments on the upper floors.
Owners of the cafe and design studio, Stuart and Laura-Lee Elliot, are excited to be bringing their business to the area.
Stuart, a former professional footballer and Northern Ireland international, run Chocoa on Greenvale Street.
The couple said they are "really looking forward" to getting into the new premises.
With the official opening set for July 16 the cafe will breathe new life into a building which has lay vacant for some time.
Speaking to the Guardian, Stuart said he was delighted to be bringing more jobs to the town.
"It is a perfect location and we hope that we can bring more life to the area.
“We are also considering late night openings which would bring more people into the town in the evening."
Stuart added: “We plan on having a high end cafe with very competitive prices and a more extensive menu than we had in Greenvale Street.”
At the time of the planning application, Simon Moon from Karl Asset Management, said it "would be a great opportunity to make full use of the new public realm works in the square fronting Wellington Street".
Mr. Moon added: "The promotion of town centre living is important for the rejuvenation of town centres that will support the day and evening economy.”