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Putting the Heart Back into the High Street with New Reading Cinema

With the help of Clarkslegal, a new independent cinema is coming to Broad Street Mall in Reading this summer, in a deal between developer Really Local Group, and Moorgarth, the owners of Broad Street Mall.

Really Local Group will transform the ground and first-floor unit of the former Argos store to provide a four-screen cinema. It will include food kiosks, outdoor terrace seating area and café bar by London based Compound Coffee.

The project was led on the Clarkslegal side by real estate partner Simon Ralphs with key support from the corporate/commercial and the construction teams.
Simon Ralphs

PARTNER

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+44 20 7539 8049

“We are very excited about coming to Reading to enhance the cultural infrastructure offer in a town with an established creative community.”

Simon Ralphs commented: “We are very proud to help Really Local Group with this fantastic scheme. With the current state of the retail market in the UK it is great to work on something that is looking to regenerate the high street and also add to the cultural fabric of Reading.”

Preston Benson, founder of Really Local Group, said: “We are very excited about coming to Reading to enhance the cultural infrastructure offer in a town with an established creative community.”

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About this article

Disclaimer
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full General Notices on our website.
Simon Ralphs

PARTNER

View profile

+44 20 7539 8049

About this article

  • Subject
    Putting the Heart Back into the High Street with New Reading Cinema
  • Author
    Simon Ralphs
  • Expertise
    Commercial Real Estate
  • Published
    04 February 2020

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