The Prince Charles Cinema in London’s West End says it believes its future is under threat, due to new terms being imposed by its landlord.
It says the building’s owner wants to raise its rent to “significantly” above market rates and has demanded a new clause which, if triggered, would leave the cinema homeless with just six months’ notice.
The Leicester Square venue, which describes itself as one of the last remaining independent cinemas in central London, is accusing the landlord, Zedwell LSQ, of trying to “bully” the business out of the building.
Criterion Capital, Zedwell LSQ’s parent company, said the terms of a new lease were standard practice and not unreasonable.
