Historic Youghal Cinema, The Regal, Sees Price Drop Amidst Closure
The Regal Cinema in Youghal, County Cork, a landmark venue with a rich history dating back to 1936, is currently listed for sale at €295,000, marking a significant reduction from its original asking price of €600,000 in 2024. The price decrease follows the cinema’s closure on Christmas Eve, leaving prospective buyers without recent trading figures.
A Landmark Venue’s History
Originally built in 1936, The Regal Cinema replaced The Hurst Picture Palace, which was destroyed by fire in 1935. The cinema quickly became a central feature of Youghal’s social and cultural life, gaining national recognition in 1956 when it hosted the Irish premiere of “Moby Dick” during filming in the town [Hegarty Properties].
Recent Restoration and Features
Between 2017 and 2018, the building underwent extensive restoration and refurbishment, preserving its Art Deco character while updating services and adding contemporary hospitality facilities [MyHome.ie]. The 4,725 sq. Ft. Property [Hegarty Properties] features:
- Three screen rooms: one with 133 tiered seats and a mezzanine, another with 63 seats and a third functioning as a function room with seating for 30.
- A fully equipped bar accommodating up to 35 people.
- Original marble and brass terrazzo flooring in the entrance/lobby and concession area.
Current Market Conditions and Local Perspectives
Adrianna Hegarty of Hegarty Properties explained that the lack of current trading figures is the primary reason for the reduced asking price. “The cinema was open and trading at that point [when originally listed] so we’re selling it as is — it’s because there are no trading figures now — you buy it as you see it,” she said [Daft.ie].
Kay Curtin, president of Youghal Chamber of Tourism and Development, acknowledged the disappointment of the closure but remains optimistic about Youghal’s future. She noted the challenges businesses face currently but highlighted the ongoing development in the town.
Ger Flanagan, chairman of the Youghal Business Alliance, described the closure as a “huge loss” to the town, recognizing the cinema’s importance as both a venue and an events center. He expressed confidence that the property will reopen, citing existing interest and Youghal’s history as the birthplace of moving pictures in Ireland.
Location and Accessibility
The Regal Cinema is located on Friar Street in Youghal, within walking distance of Blue Flag beaches (Front Strand, Claycastle, Redbarn), St. Mary’s Collegiate Church, and Clock Gate Tower. It is also near the starting point of the new Midleton to Youghal Greenway [Hegarty Properties], and surrounded by cafes, restaurants, and other businesses.
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