Prince Charles Cinema says 25-year lease secures its future

The Prince Charles Cinema says it has secured its future after signing a 25-year lease with no break clause, ending 21 months of uncertainty for the independent London venue, according to the cinema’s announcement. The cinema said the agreement would allow it to remain in its Leicester Square-area home for at least another 25 years. The reported lease terms have not been independently confirmed by the landlord in the supplied information. Criterion Capital was approached for comment about the update, while a spokesman had previously said the company valued the cinema and would work toward a lease agreement. The dispute became public in early 2025, when the cinema said its landlord, Zedwell LSQ Ltd, and parent company Criterion Capital wanted a break clause in a new lease. The cinema said that clause could require it to leave within six months if redevelopment plans received approval. Management also objected to what it described as unreasonable rent demands. Those were claims made by the cinema during the dispute; the reports do not provide a response from the landlord to the newly announced lease.