Future of Marina Theatre in Lowestoft secured by local council
The future of Lowestoft’s Marina Theatre has been secured after the local council had a £200,000 loan approved to purchase the neighbouring building.
The Suffolk venue was under threat because the adjacent Zenith building, in which the theatre’s box office and cafe are housed, was up for sale.
If it had been purchased by another owner, the theatre would have lost a vital space and revenue stream.
Lowestoft Town Council currently owns the main theatre building, which is run by the Marina Theatre Trust, but not the Zenith building.
The loan, granted by Public Works Loan Board, has allowed the local authority to purchase the Zenith building, with the rest of the cost coming from the council’s reserves. The council has not confirmed the total cost of the building.
Marina Theatre chief executive Emma Butler said: “We are delighted that Lowestoft Town Council can move forward with the purchase following a public consultation. The security of the Zenith building, which houses our box office and cafe, is fundamental to our financial resilience and future business planning to ensure the Marina Theatre remains a vital cultural and community asset for Lowestoft.”
The Marina Theatre’s performance programme will not be affected by the purchase process.
Lowestoft Town Council did not respond to a request for comment.
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