New occupiers sought at former Fulham Road Picturehouse
The search has begun for new occupiers at the former Picturehouse Cinema on the junction of Fulham Road and Drayton Gardens, West London.
Savills has been appointed to find suitable tenants for the 46,827 sq ft building, which was vacated by Picturehouse in July as part of a restructuring plan by its owner Cineworld.
The property is being marketed with the opportunity to reorganise the internal accommodation to create smaller units, with the current owner open to discussing lease arrangements on all or part of the building.
Arranged across five storeys, each of the building’s floors vary in size, from the smallest at 3,685 sq ft to the largest at 15,804 sq ft.
The former theatre – which is located in close proximity to the King’s Road, Chelsea and Westminster Hospital, the Lycee, V&A, and Natural History Museum – benefits from an Art Deco frontage, but is not listed.
The building originally opened in 1930 as the Forum Theatre, and was refurbished after Picturehouse took over management from Cineworld in 2019. However, the pandemic saw the venue close just months after reopening.
It is currently owned by Martin’s Properties, which purchases the asset in 1997.