Prince Charles Cinema fears that its future is at risk

Prince Charles Cinema in West End, London says that its future is in danger, as new words have been implemented by its landlord.

It says that the owner of the building wants to increase its fare “significantly” above market rates and has demanded a new section, which is triggered, cinema is homeless with only six months notice. Will go

The Leester square site, which describes itself as one of the last remaining independent theaters in Central London, is accusing the landlord, Zedwell LSQ, to try the business out of the building.

Criterion Capital, the original company of Zedwell LSQ, stated that the terms of a new lease were standard exercises and were not unfair.

The criteria owns billionaire developer Asif Aziz and owns many hotels and other qualities in West End.

Cinema said that the company has constantly rejected the requests for negotiations.

In a petition that has found more than 40,000 signatorsPrince Charles Cinema said that it believes that the landlord is seeking permission for a plan to redevelop the site.

A spokesperson of the site said: “We are one of the last remaining independent cinemas in Central London, no one is receiving public funds and at a time attracting more than 250,000 customers when the industry is struggling.

“Losing Prince Charles cinema will not only mean losing a prestigious cultural institution, but also an engine for the West End Economy … It will be a way of consequences beyond the building.”

The criteria Capital said: “A break clause is a standard commercial exercise, not a long -term property plan, not unfair intentions.”

It states that its fare hopes were based on a proper market evaluation and remained “open to creative dialogue” with the cinema operator Babal Chamber Limited.