Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, December 28, 1994                   TAG: 9412290058
SECTION: BUSINESS                    PAGE: A-7   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

IN BUSINESS

A new Subway restaurant has leased space at Salem Avenue and South Jefferson Street in downtown Roanoke, in a building that has been occupied by a pawn shop and later a florist shop.

The restaurant will be owned directly by the Subway chain rather than by a franchisee. There are a half-dozen other Subway restaurants in the Roanoke Valley.

William D. Poe of Waldvogel, Poe and Cronk Real Estate Group Inc. said construction will begin immediately and the restaurant will open about April 1.

- Staff report

Briefly ...

Premier Bankshares Corp. of Bluefield has increased its dividend more than 14 percent to 56 cents a share per year. Shareholders on Jan. 15 will receive the first-quarter dividend of 14 cents, payable Feb. 1.

Waterfront Properties of Smith Mountain Lake, a division of the Willard Co., has been named by developer Snyder Hunt to handle sales of Waverly, a 130-acre planned community at Smith Mountain Lake.

Virginia Western Community College will begin five-week courses for business operators and others interested in learning about a particular country or area of the world. The first course, on Brazil, begins Jan. 16. Other international courses during the spring semester deal with Russia, Eastern Europe, Central America, and Ireland and the United Kingdom. For details, call Sallie Branscom, 857-6021.