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RECORDING & REHEARSAL STUDIOS SOUTH BIRMINGHAM

Price:
Leasehold - £95,000
Turnover:
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Seller Ref:
M26577K
Location:

West Midlands

Business Type:

Entertainment & Leisure businesses, Retail businesses, Service Businesses

See Other:
Other entertainment & leisure businesses for sale in West Midlands
Other retail businesses for sale in West Midlands
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Entertainment & leisure businesses for sale in West Midlands
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Service businesses for sale in West Midlands
Description:
THE BUSINESS:

Well Established Recording. Rehearsal and Mastering Studios Birmingham

Fully Equipped with Purpose Built Soundproof Rehearsal Rooms and Recording Equipment
2010 Sales Projected to be £43.000
Leasehold Price £95.000

Description and Trade:
This is a superb recording. rehearsal and mastering studio complex based in Birmingham; established in 2006 to provide quality service and excellent soundproofed studio rooms.
To give the best sound possible. all the rehearsal studios have been acoustically treated to a very high standard. giving a sonically accurate and very pleasing practising environment.
Each practice room has been built using the best sound proofing techniques. so customers won?t get sound from other rooms interfering with their practice.
Customers often comment on how sound proof the rooms are compared to the other rehearsal studios they used previously.
The equipment in the practice rooms is looked after and tested regularly giving customers the quality they want.
The Business is based about10 minutes from J2 M42 with on-site parking and within walking distance of public transport links.
Facilities have been used by such corporations as: The BBC. Channel 4`s T4 and Talkback Thames. They have also been featured in a number of publications and media such as BBC WM radio. The Independent (Birmingham). Birmingham Post and others.

Premises:
Four Rehearsal Rooms. all purpose built and soundproofed with effective acoustic room treatment: Production Room; Reception Area; Office; Potential to Expand by converting large unused room into 2 or 3 additional rehearsal rooms

Comments:
A rare opportunity to acquire fully equipped and expanding studios with a good track record. superb reputation and established client base.

Our Client Informs Us That:

Takings and Profitability:
Since established in 2006 sales have grown each year. and projected sales for 2010 are £43.000.
Potential and capacity exists to expand the business further by converting a large unused room to provide 2 or 3 additional rehearsal and recording rooms. The cost for conversion has been estimated to be around £15.000.

Trading Hours:
Monday to Friday: 2.00pm 11.00pm
Saturday: 10.00am 8.00pm
Sunday: 10.00am 10.00pm

Tenure:
Leasehold. The Premises are held on a 10-year lease from 2006. Rent payable is £9.000 per annum.
There is an additional service charge of around £800 per annum.

Price:
£95.000
plus stock at valuation for the Lease. Business. Fixtures. Fittings and Equipment.
There is a comprehensive inventory of equipment included in the sale. Details will be provided to serious applicants on request.

Accommodation:
No
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