Prince Charles Cinema faces landlord rent rise battle

The Prince Charles Cinema, a long-standing fixture near Leicester Square, is set to face its landlord in court. The dispute centres on proposed changes to the cinema's lease, including a rent increase and the introduction of a six-month break clause. The landlord, Zedwell LSQ Ltd, part of Criterion Capital, is pushing for these alterations. The cinema has been operating since the 1960s and is a popular venue for cult film enthusiasts and movie marathon attendees.

Community Support and Asset Status

The cinema has garnered substantial public backing, with more than 167,000 individuals signing a petition calling for the removal of the proposed break clause. This clause, if enacted, could potentially force the cinema to vacate its premises if the landlords decide to redevelop. Adding to its community standing, the Prince Charles Cinema has been officially designated an Asset of Community Value by the local council. This status recognises its importance to the community and provides it with additional protections.

Ben Freedman, the owner of the Prince Charles Cinema, described the legal proceedings as 'very long' and 'frustrating'. He told The Standard that the cinema is up against a large property company and that the legal representation, while necessary, incurs significant costs. Freedman expressed confusion over the landlord's approach, stating, 'We think we have reasonable demands.' He indicated the cinema is prepared to pursue the matter through the courts to secure its future.

The cinema's operators have previously suggested that developers are attempting to force them out. They argue that the loss of the Prince Charles Cinema would not only mean the disappearance of a significant cultural institution but also impact the economic activity in the West End, drawing visitors for films, shopping, and dining.