Complex sentence: The early square also had the Electra Palace Cinema (opened February 1911), later to become the Classic Cinema (1962), it closed in 1982 and the building was destroyed by a fire in 1984.
Split into simpler sentences: The early square also had the "Electra Palace Cinema", which opened February 1911 and became the "Classic Cinema" in 1962. It closed in 1982, and the building was destroyed by a fire in 1984.