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Prince Charles Cinema Saved: 25-Year Lease Secured!
15 Oct
Summary
- Cult cinema signs a new 25-year lease, securing its future.
- Over 168,000 signatures supported the petition to save the venue.
- The cinema faced potential closure due to landlord disputes.
The Prince Charles Cinema in Leicester Square has been saved from closure by securing a new 25-year lease. This crucial agreement ends 21 months of uncertainty for the cult film venue, which faced significant difficulties with its landlord, Zedwell LSQ Ltd, a subsidiary of Criterion Capital. The new lease includes no break clause, providing long-term security for the cinema.
The venue's potential closure at the start of 2025 was a major concern, exacerbated by the landlord's proposed six-month break clause. In response, Prince Charles launched a petition to oppose this, which garnered widespread support. Significantly, Westminster City Council declared the cinema an Asset of Community Value in May 2025, offering additional protections against redevelopment.
Despite these protections, a resolution remained elusive until recently. The cinema's management announced the signing of the new lease, expressing immense gratitude to the 168,645 petition signatories. This successful campaign ensures the cinema's projectors will continue to operate for at least another 25 years, a testament to community support and commitment.
