ANOTHER long standing Aldershot "watering hole" is to be converted into flats.

The Royal Exchange in the High Street is to be redeveloped to provide nine one-bedroom homes.

Rushmoor Council planners gave the scheme the green light after being assured it was in keeping with the area's general character.

It is the second pub in the High Street to be given the go ahead to be converted into flats. The first was the Royal Military.

The disappearance of the town's traditional pubs is being blamed mainly on increased competition from theme bars in Victoria Road.