Felixstowe Town Council no longer looking to acquire cinema – BBC News
Summary: Felixstowe Town Council has decided not to pursue the purchase of the Palace Cinema in Crescent Road, which was put up for sale with a guide price of £700,000. Despite recognizing the cinema’s cultural importance, the council deemed the acquisition financially unviable due to costs and liabilities. Mayor Corrine Franklin expressed the council’s support for the cinema’s retention and willingness to engage with potential buyers to ensure its preservation and enhancement for the community’s benefit.
Source: https://www.bbc.co.uk/news/articles/c9wdje1v1r0o
Generated by StoryForge URL Summarizer