G1 Group have bought the former Odeon in the Southside of the Scottish capital. G1 Group, which owns the Corinthian Club in Glasgow, said the firm has formally concluded the purchase of the A Listed art deco building from Duddingston Leisure.
The building first opened its doors in 1930, when it was known as the New Victoria, and became the Odeon in 1964. It began to lead a double life as a popular music venue, with Deep Purple, The Kinks, The Who, Thin Lizzy, and AC/DC among the big names to have performed there.
Plans are in place to open a venue similar to the Grosvenor Cinema in Glasgow’s Ashton Lane, with equal emphasis placed on film and food. G1 owns a string of dining, entertainment and cinema attractions across Edinburgh and Scotland, including the West End’s Ghillie Dhu, The Corinthian Club in Glasgow and Perth Playhouse.
The Odeon closed in 2003 and has been dogged by controversy ever since. Fresh plans for the building – which was previously owned by Duddingston Leisure – come after the failure of a short- lived entertainment venue run by Susan Boyle’s brother, Gerry.
A spokeswoman for G1 said: “G1 Group are delighted to announce that they have formally concluded on the purchase of the former Odeon Cinema in Clerk Street from Duddingston Leisure. “G1 Group are no strangers to the big screen, and currently operate the Grosvenor Cinema in the West End of Glasgow and the seven-screen IMAX Playhouse Cinema in Perth.