The former Ritz Cinema on the Longford Road in Coventry closed its doors for the last time in the late 1980's and was sold to new owners at Loveitts July Auction.
With a Guide Price of £120,000 - £140,000 the property sold under the hammer for £191,000, much to the delight of the seller.
The site has planning permission for development into residential accommodation retaining part of the front façade of the building.
For further information or to find out more about selling at Auction, contact Sally Smith on 024 7652 7789.