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Andrew Lloyd Webber to buy London’s St James Theatre

St James Theatre. Photo: Tom Cronin St James Theatre. Photo: Tom Cronin
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Andrew Lloyd Webber’s Really Useful Theatres Group is to buy London’s St James Theatre.

A statement from RUT said it had signed an “exclusivity agreement” with Entertainment and Media Group – which currently owns and manages the St James Theatre in Victoria – “for the sale and purchase” of the venue.

It added that the deal was subject to “due diligence and final contract”. A figure for the cost of the sale has not been disclosed.

Buying the St James Theatre would give RUT its seventh theatre in London. Its stable of current venues includes the Adelphi, the Cambridge, Her Majesty’s, London Palladium, New London and the Theatre Royal, Drury Lane.

The St James Theatre opened in September 2012 and has two spaces – a 312-seat main house and a 120-seat studio space.

It is currently run by executive producer Robert Mackintosh, with creative director James Albrecht, but it has not been confirmed whether the current management team will remain with the venue once the sale is approved.

The Daily Mail has previously reported that Lloyd Webber would be keen to turn the venue into a home for developing new musicals.

Earlier this year, Cameron Mackintosh revealed plans to turn the Ambassadors Theatre into a home for regional transfers.

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