The former Clydesdale bank closed in 2012 due to significant building repairs required to maintain the ageing property. This re-development will restore the existing property, reinstating original windows and replacing the shop front.
The exterior of the building will be replaced with a more traditional shop frontage that is in keeping with the high street and similar properties in the area.
This project is one of four long term vacant units now under development, with new businesses expected to open soon.
A council spokesperson said: "Given the location within Linlithgow town centre the proposed change of use is compatible with the surrounding area and will help contribute to Linlithgow's vibrant town centre.
"Additionally, under planning regulations potential commercial competition is not a material concern, so the presence of similar businesses nearby would not be a valid reason for refusing an application."
A recent review carried out by the Town Centre BID highlights the fact that Linlithgow is among the best performing five towns in Scotland for the percentage of persistent vacancies. Business is strong in the town, with only 1% of units in Linlithgow vacant for more than three years.