Recording Studio in East London For Sale

Residential, office and commercial area, East London

Turnover £ 3,500
Price £85,000

Features

Established Recording Studio (pod Casts / Interviews)

Reception Desk with sofa, Reception Bench, Coffee Table, Office Table, PC Table, 2 Recording studios plus video editing room with extensive equipment including;

2 x Samsung Monitor, Extension Arm, Editing PC, Logic Mouse, Logic PC, 4K Webcam, Logic Speakers, Logic Speakers, iMac 27inch 2019, Samsung TV 45inch, JVL TV 30inch, JVL TV 30inch, 3 x Sony A6400 Cameras, 7 x Lexar Memory, 2 SanDisk Memory, 3 x Sigma 18-35 Lenses, Zoom P8 Audio Recoders, Rodecaster Pro Audio Recoders, 3 x Manfrotto Tripods, 8 x Neewer Lighting, Aputure Tube Lighting, 2 x Ceiling Rail Track Lighting, LED Strip Lights, 2 x Armchair, Sofa, 2 x Director Chair, 2 x Office Chair, Corner Bench, IKEA Chair, Standing Desk, Side Storage, Prop Shelves, 5 x Shelving Rack, Radiator Cover, 3 x Mesh Bin, 10 x Rectangle Panel Soundproofing, 4 x Square Panel Soundproofing, 9x Mackie EM-99B Microphones, 6 x Rode Procaster Microphones, 6 x Gravity Stand, 5 x Tonor Arm, 4 x Elgato Arm, XLR Cables, HDMI (Sony) cables, HDMI (Standard) cables, 6 x Sony ZX310 Headphones, 6 x Mackie MC-100 Headphones, 8 x Reolink CCTV Cameras, Reolink NVR, CCTV Monitor, NAS casing.

Kitchen.
Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w.

Staff

The business is at present operated by 2 full time & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 9am - 10pm (subject to appointment)

Outside

Roof Terrace with 2 x Rattan Two Seater, 2 x Rattan Arm Chair & Rattan Coffee Table

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 4 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £14,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote