Business To Buy

The Studios High Spec Private Music Recording Facility

Hyde, Cheshire, ---Europe
The Studios
High Spec Private Music Recording Facility
Ref.CN049
Location Hyde, Cheshire
Asking price: O.I.R.O Ł200,000
These superbly appointed recording studios were set up in 2003 by the current vendor as a private recording studio for himself, family and fellow musicians. It was not established to become a commercial profit making establishment and as such a charity was established in 2006 for the collective musicians to provide tuition and courses as a music academy to the wider community, this work continues within schools although the family chose to keep the studio for their private use from 2013. Over the last two years the vendor has spent a considerable amount of time and resource building up the new luxury studios for his family and friends to enjoy.

The aim was to create a truly special experience with an inspiring and relaxing environment to boost the creative talents. The Studios do not dissapoint when it comes to achieving a creative base. It is no exaggeration to state that the studio enjoys associations with some of the biggest names in the music industry, such is its commitment to providing an enjoyable experience.

The proprietor established his own seperate production and management company that has enjoyed recent success and this has prompted the sale to allow him to pursue these activities within the major record label circles he now works in.

The current premises have been recently upgraded at an additional cost of circa Ł250,000 to provide a superb platform to its users, with a major renovation completed in 2014. They have also been equipped with the latest sound, recording, mixing and performing equipment,with no expense spared. With addition of the relaxation areas and a superb cinema room The Studios are a must see for any artist or record label.

All fixtures and fittings, equipment and instruments are included in the sale price.

Financials

Price: $263,310
Gross Income: $0
Cash Flow: $0
FFE: $0
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #CN049
Year Established: 2003
Financing:
Training: The current owner would be happy to provide full training and support at handover. He may also consider an ongoing paid consultancy role.
Facilities: The Studios are housed within excellent premises that have good access and plenty of parking available on a flexible secure eight year lease renewed in November 2014. First Floor Reception Area/Offices- Fully equipped office areas with computer and phone networks as well as WIFI. There is also a waiting area with seating and Sky T.V. Three Seperate Offices and Storage Facilities Four Crew Chill Out Rooms Fully Fitted Kitchen, Shower Room and Seperate W.C.s Ground Floor Large Live Room- Capacity for 175 people and comprises a large monitored stage and a 22k front of house rig. Lighting Rig and DJ Equipment. As well as performing it is also used for drum recording sounds regarded by professionals as the best in the North West. There is huge scope to expand this facility’s useage to incorporate dance classes, parties, organised group classes, showcases and gigs. The Live Room also boasts a superb Cinema with Cinema seating and surround sound Large Recording Studio-natural lighting with separate isolation booth. Artist Chill Out Area Three En Suite Artist relaxtion Rooms Games Room and Lounge Fully Fitted Luxury Kitchen The premises are leasehold. Current rent is Ł11,000 p.a. There are 8 years remaining on the current lease. As a community led music school the studios benefit from 100% rate relief. Overheads total a very low Ł16,000.
Competition:
Growth:
Business Listed By
Name: Andrew Hudson
Company: Turner Butler
Phone: 01895 25 6000

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