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Mather Jamie secures new tenant for Melton cinema

wantspacegotspace.co.uk - Mather Jamie, Alex Ried - Mather Jamie secures new tenant for Melton cinemaIt’s lights, camera, action for Melton Mowbray’s Regal Cinema, after commercial property specialist, Mather Jamie, secured a new tenant for the King Street premises.

The Regal, which closed in June, has been leased to Amanda Mundin and will continue to be an independent family-run business.

Mather Jamie has been marketing the premises since August on behalf of the landlord.

Alex Reid, of Mather Jamie, comments: “We moved quickly to generate interest in the premises by identifying existing cinema operators, receiving offers and finding a new tenant within just six weeks, which in this market is very rapid action.

“There has been a great deal of interest from prospective occupiers and the community, and we were able to guide the landlord on selecting the most suitable tenant, which has always been our main aim.
“As an established operator with experience of running a single screen cinema, Amanda’s proposal was ideal and her plans to invest a lot of money in the refurbishment of The Regal are good for both the landlord and the local community.”

Amanda, who also runs The Ritz in Belper, has taken on the cinema with husband Tony Mundin, son Jacob Mundin and his fiancée Bryony Harris.
Amanda comments: “We are planning a full refurbishment of The Regal and will aim to offer a better viewing experience, while keeping the cinema’s distinctive character.

“Work is due to begin in November and will include a complete redesign of the foyer and the cinema itself; we plan to bring in comfier seats, with the option of luxury or standard seating, and will create more leg room.

“We are now aiming for a spring 2013 opening, but are hoping to give a more definite date once refurbishment work has begun on site.”

Amanda re-opened The Ritz in 2006 after a full refurbishment of the cinema, which had been closed for 15 years. Amanda adds: “I knew former owner John Merryweather, as he had offered a lot of help and advice when I was first setting up The Ritz, and found out he had died through a film representative.

“I wondered what had happened to the cinema and was saddened to find out its doors had been shut, which is when I contacted Mather Jamie. “There was already a lot of interest in the premises, but Mather Jamie has been very helpful throughout and seemed very keen to find a tenant that would have the best chance of succeeding.”

Established in 1991 and based in the East Midlands, Mather Jamie Chartered Surveyors is an independent mixed commercial and agricultural practice with a long established and unrivalled reputation for delivering reliable advice and expertise on residential and commercial developments.

Posted by The Editor (wantspacegotspace) on 6th November 2012 (updated 08/11/2012)

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