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Cineworld to be kicked out of world's tallest cinema

Cineworld to be kicked out of world's tallest cinema

STV News4 days ago
Cineworld is to be kicked out of the world's tallest cinema complex.
The building on Renfrew Street in Glasgow has been operated by Cineworld since it takeover from UGC in 2005.
Cineworld has confirmed that the landlord intends to take back the site and employees impacted have been informed.
The new owner purchased the site for £7m in May this year. Cineworld has been leasing the building for more than £1m a year, according to title documents seen by STV News.
Clydebankbridge Ltd is owned by Omniplex, an Irish cinema group that took over five Empire sites in 2023 – including the one in Clydebank.
The lease on the building was due to run until 2036 – but it appears the new owner is seeking to end this prematurely.
Omniplex has been contacted for comment.
A Cineworld spokesperson said: 'We are aware of the landlord's intention to take back the site at Cineworld Glasgow Renfrew Street.
'We have communicated to and are working closely with our employees that may be impacted. At this stage, we do not have further information to share.'
Opened in September 2021, the UGC Cinema stands at 62m tall, has 18 screens across 12 storeys and can seat more than 4,200 people.
It was taken over and rebranded by Cineworld in 2005.
After entering administration in 2023, Cineworld announced the closure of six cinemas in a major company restructure.
It closed sites at Glasgow Parkhead, Bedford, Hinckley, Loughborough, Yate and Swindon Circus.
Cineworld operates eight cinemas in Scotland with three locations in Glasgow, two in Aberdeen and sites in Dundee, Falkirk and Edinburgh.
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