Intelligent Business Transfer are pleased to offer for sale, the Leasehold interest of this popular, well patronised, and locally renowned music rehearsal studio business set in a popular London suburb. This is a unique and interesting opportunity, easy to run, ideal for a first time buyer, or husband wife team or Musso partnership.
Rates are generally good, although an uplift is not out of the question offering much scope and growth to new buyers.
Present turnover shows around £1000 per annum with hourly rates averaging £40 for a 3 hour session. Extra income is driven by hire of equipment, including cymbals and alike.
The planned recording studio facility will drive much more traffic to the rehearsal rooms, although please note that our client is not selling the recording studio part.
There are always plenty of special offers including block booking and monthly rental deals, making the studio very popular with long term live set rehearsal, album rehearsals, or longer term song writing projects, as well as utilising such media as Groupon.
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