Dear PCC Squad,
Apologies for the four-month gap since my last update. There hasn't been much new to share. The lease on the venue will expire in the coming days, but donât worry.
Key points to note:
⢠On 2nd Sept, Westminster Council approved plans for the office building above the Cinema to be converted into a Capsule Hostel by our Landlord. The crucial aspect of this approval was the Council's clear statement that the construction should not affect the cinemaâs trade in any way.
⢠The Cinema will continue as usual until a new lease is agreed uponâeither through negotiations between Criterion Capital and The Prince Charles Cinema or by court decision. Rest assured, we have spent the past year assembling a strong case with many skilled professionals, including one of London's leading property Barristers.
⢠We have a legal right to remain, we are simply seeking to continue under the same terms as our current lease at the new market rent.
Thank you all.
Team PCC