Derelict Long Eaton cinema site could be sold to developers

This post first appeared on Nottingham Post. Read the original article.

An abandoned cinema in the heart of Long Eaton could be converted into housing after lying disused for five years.

The six-storey Galaxy Cinema in Derby Road, which closed in 2012, is now on the verge of being sold to a developer which specialises in residential schemes after failing to sell at auction this month.

The former theatre-turned-cinema failed to fetch its £295,000 reserve guide price when it was put up for auction in London on September 12.

The Galaxy site

The Galaxy site

The highest bid was £291,000 and auctioneer Charles Thomas said the owner has now agreed to drop the asking price in order to conclude a deal, reports the Derby Telegraph.

Mr Thomas, an auction consultant at Auction House London, said: “Unfortunately the building failed to reach its reserve so now our clients are willing to accept less. We are in talks at the moment with the owner and feel we can sell it way before our next auction in October.”

The building comprises six floors. When the property was put up for auction, a description said there was scope to create two retail units on the ground floor, with the upper five floors turned into flats.

Subject to planning consent being secured, the description said there was scope for 22 one-bedroom flats and 25 two-bedroom flats.

The building has had a tumultuous history since it was first opened over 100 years ago, launching in 1908 as St James’ Theatre.

Vint's Picturedrome

Vint's Picturedrome

In 1910 it was turned into a cinema, known as Vint’s Picturehouse, staying that way throughout the First World War before reverting back to the theatre.

Hundreds of shows were performed at the theatre. A notable appearance was made by Gracie Fields when she took to the stage there in 1918.The theatre was closed in 1934 following a serious fire and then again reopened as a cinema the next year.

It changed hands again in 1964 to become a bingo hall before closing again in 1993. The closed-down building suffered from another fire and reopened once again as a cinema in 2004.

It has been closed since the cinema shut its doors in 2012.