Established & Iconic Rehearsal & Recording Studios with licensed bar

Price:

Freehold - £1,250,000

Turnover:

Seller Ref:

CN046

Location:

UK Non-Specific, Liverpool City Centre

Business Type:

Corporate Businesses, Entertainment & Leisure businesses, Pubs

See Other:

Bars for sale in UK Non-Specific
Other entertainment & leisure businesses for sale in UK Non-Specific
Leisure businesses for sale in UK Non-Specific
Pubs for sale in UK Non-Specific
Entertainment & leisure businesses for sale in UK Non-Specific
Corporate businesses for sale in UK Non-Specific

Description:

THE BUSINESS:

These famous and well established rehearsal studios were set up by the vendors almost 25 years ago in Liverpool to provide a productive and accessible platform for bands and musicians of all levels to rehearse in a studio/venue like environment. The vendors have spent a considerable ammount of time and resource building up the studios during this time and it now enjoys “legendary” status amongst many bands and music moguls, both big and small, as an intrinsic part of the Liverpool music scene. It is no exaggeration to state that the studio enjoy assocations with some of the biggest names in the music industry, such is its commitment to providing its services to enable local talent to develop.

The freehold premises have been subject to significant investment over recent years and they have had extensive renovations to maintain the character of the building and improve its appearance and infrastructure( circa £370,000). The vendors have also had to develop the interior fabric of the building to maintain the business revenue streams and provide the bands with the right environment to thrive in. The building is sub divided into the following revenue generators.

Location Details:

The studios are housed within a superb iconic building in the heart of the city. The studios are situated over several floors and are suitably sound –proofed. Total floor space is circa 16,500 square feet. The building is freehold with a value of circa £1.05 Million. It has many future use possibilities. In addition to the rooms listed above the premises also have 4 toilets and several other storage rooms that are not fully utilised. There is also planning permission in place to build 2 further floors containing apartments(7 Duplex Apartments). This repressents a significant and very real development opportunity to a new owner such is the desirable location of the building.

Trading Hours:

11.00 am-11.00 pm (seven days except Saturdays, closes at 7pm)