In exciting news, it has been announced that there will be a redevelopment of the Kings Theatre on Albert Road. The theatre on Albert Road will undergo an expansion which will include new bars, a restaurant and rehearsal space.
Portsmouth City Council confirmed it would lend the theatre £3m to go towards its £4.8m revamp.
Three shops adjacent to the theatre will be demolished to make way for the development of the four-storey building. The Tower Room on the top floor of the theatre will be made into a function space with a new rooftop bar. Another bar will also be built at the site.
The upgraded facilities are expected to bring in revenue of £250,000 per year for the theatre.
The 1,600-seat Grade II*-listed theatre was built by renowned architect Frank Matcham in 1907. It’s been managed by the Kings Theatre Trust since 2003
The local authority, which owns the freehold on the building, will also pay £350,000 for urgent repairs.