The charity that runs the Exchange Theatre in North Shields has announced that it will close the venue after failing to reach an agreement with the local council over the use of the site.
The theatre, café and bar is housed in the Grade II-listed Saville Exchange building, owned by North Tyneside Council.
It will close for up to four weeks from 17 April, while it undergoes a refit, before reopening with a new operator as part of the council’s plans to develop the town.
For the past seven years, the theatre has been operated by the Exchange Theatre charity. Tony Bridges, Chair of the charity’s board, said it had created a space to inspire future generations through the arts, ensuring the arts were accessible to all, not just to “one section of society”.
“It is with sadness that we are preparing to leave the building”, a spokesperson for the charity said.
John Sparkes, Director of Regeneration and Economic Development at North Tyneside Council, said that the building is key to plans for creating a vibrant “Cultural Quarter” in the town.
He added that the new operators, selected through an open tender process, were prepared to invest significantly in the building.
“We'll be working closely with the new operator on the transfer of the building and look forward to seeing this cultural landmark flourish in the future”, he said.