The Edinburgh Filmhouse has been sold in a deal worth £2.65million.
In October, the Centre for Moving Image, which ran Filmhouses in the capital and Aberdeen, filed for administration. Bosses said rising costs, reduced trade and the cost of living crisis had created a 'perfect storm'. Savills then set about selling the historic building.
The owner of London's Prince Charles cinema was confirmed as a bidder, but has since been rejected. A representative for FRP Advisory, the administrators of the Filmhouse, has now confirmed it has been sold according to the Edinburgh Evening News.
