Back in 2014 when the staff at The Capitol were telling people that it was closing & due to become a cinema I managed to get a contact number for "Exempt Property Unit Trustees Ltd". When I called to ask if they could confirm that it would be a cinema they would neither confirm or deny this.
I called again a couple of weeks later & got the same answer but they said they would pass on my info to the owners and it was up to them if they contacted me or not about this. I gave my email address but never heard anything.
At the time it was rumoured that "Picture House" were interested in the site & I think Cllr Paul Upex contacted them to ask & I think he got the same response I got with the above, they wouldn't confirm or deny it.
I'm quite sure that Picture House cinemas has a link to ABC cinemas so this would make sense as ABC cinemas seem to be the owners of the building.