isurv

Cinemas

Cinemas

The cinema property type has been transformed over the course of the past 30 years. The insatiable growth of multiplex outlets, first introduced in 1985, has led to the closure of many traditional cinemas, which have either been converted to a variety of other leisure uses or lost to residential or commercial redevelopment. However, a significant stock of traditional cinemas still remains and accordingly it is important to differentiate between traditional and multiplex premises when undertaking a cinema valuation.

Capital valuations relating to both types of premises are discussed along with rental valuations for both multiplex and traditional cinemas.

This section is maintained by Neil Richmond of Neil Richmond & Co.