Edinburgh Filmhouse: Former Cinema Building Sold For $3.28m
deadline.comThe building that previously housed Edinburgh’s popular Filmhouse Cinema has been sold for £2.65m ($3.28m) The identity of the buyer has not been confirmed, but local media reports suggest the building has been sold to the pub operator Caledonian Heritable, which owns The Dome, Ryan’s Bar, and the Theatre Royal in Edinburgh.
The company was not available for comment on the matter. The Filmhouse building sits on Lothian Road in central Edinburgh and was put on the market in November when the trustees in charge of the Centre for the Moving Image (CMI), the charity behind the Edinburgh International Film Festival (EIFF) and a second Filmhouse location in Aberdeen, appointed administrators.
A statement from the CMI at the time said a “perfect storm” of rising costs and falling admissions numbers due to the pandemic had been exacerbated by the current cost of living crisis.
All three institutions ceased trading immediately, and staff members were made redundant. A total of 16 bids were made to purchase the Filmhouse property, including two that would have seen the building reopen as a cinema.
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