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Music Studio and website for sale

Location: United Kingdom

Price: £195,000 +SAV (or near offer)

Rare opportunity to purchase a fully functional, fully operational, fully decked recording studio, together with high tech website. This studio was started in the 1980's and was used by numerous famous bands and artists of the area, today it specialises in new bands and unsigned talent, either looking to present professional demos for contracts, or professional music files for download and sale direct to the public.

The website enables artists to organise their catalogue, upload / download their music, photos, videos and other information, although at this point there is no facility to sell to the public on this website. Sessions are based on hourly rates, weekday afternoons and 2 evenings per week, but hours can be booked as required.

The studio features 3 mixing desks, various computer systems, amps, multiple music bays, mixing room, office, toilets and furniture. The studio is totally sound proofed, set in a basement with a town centre location in the south of England. Parking for 3 vehicles at the rear.

The business is run by a manager and 1 full time member of staff, along with sub-contracted instrument and systems technicians as required. Last year turnover was approx £375,000 with gp at about 40%. The lease has 7 years remaining on a 15 year term, with 5 yearly reviews, currently £18,580 p/a with £6400 business rates. The business could be improved by a hands on owner taking direct control, increasing set opening hours, expanding the website, its visibility and functionality, and exploring new markets for recording purposes. Price to include all fixtures and fittings inc equipment, website, domain name and hosting, software and licenses.

Please do not approach the business, viewings and further information strictly through RDF. Please contact RDF for further details.

(This is a fictitious advert is for demonstration purposes only. )

Additional information

Url: Available upon request

Date established: 15/05/2008

Business information
Premises type:Lockup Unit
Premises rent (p/a):£18,500
Number of staff:1
Turnover (p/a):£375,000

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