by Megan Schiffres
KILMARNOCK—Renovation work began this week to convert the former Bank of Lancaster northside branch building at 432 North Main Street, Kilmarnock, into a Wendy’s fast food restaurant.
The property was sold to Wendy’s franchise owner Ed Anderson, who bought it from Virginia Commonwealth Bank (VCB) for $475,000 on September 27, said executive vice president and chief banking officer Doug Jenkins.
A deed of ownership was transferred from VCB to Bay Partners Land LLC, a domestic limited-liability company owned by Anderson.
The bank property has been unused since that branch closed in April 2015, said Jenkins.
Anderson has been working with Wendy’s for over 30 years, and owns 20 other Wendy’s…