A GREENOCK pub which has been on the market for over a year is finally being sold, the Tele can reveal.

Talks are at an advanced stage over the sale of the town's Old Bank Bar.

Current owners Belhaven, which is owned by the Greene King group, put the William Street pub on the market in August 2017, initially for offers in the region of half a million pounds, before dropping the asking price to £395,000 a year later.

The company said it made the 'difficult decision' to offload the popular town centre bar in order to 'continue to invest in our estate'.

After 14 months on the market, bosses have confirmed that talks with a prospective buyer are almost over the finish line.

A spokesperson for Belhaven said: "We first put The Old Bank Bar on the market more than a year ago and are in the process of agreeing a sale. "All our team have been kept up to date and the pub remains open and trading as usual."

It is expected that it could take a few more weeks before the deal is finalised.

There is no information yet as to the identity of the potential new owner.

Greene King also operates Greenock's Tail O' the Bank Hungry Horse pub and restaurant at East India Harbour and Gourock's Victoria Bar.

The firm spent around £250,000 upgrading the Old Bank Bar three years ago.

The Grade B-listed building was once home to the Provident and the TSB before taking on a new lease of life as a public house 16 years ago.

It was initially known as 'The Yard' before becoming the Old Bank.