Freehold in Holborn: Multi-Room Commercial Music/ Post Production Studio Facility

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Freehold

Quick Facts

Situated just off Red Lion Square in Holborn – a beautiful area in the heart of London’s West End

Commercial Freehold Property adjacent Conway Hall

Tie lines into Conway Hall (but a separate property) enabling potential orchestral recordings subject to fees & availability

Long established use as a commercial recording studio

4 studios including 2 live rooms

2 lounge areas, kitchen, WC & shower

 

Property Details

This potential asset disposal is subject to board approval by the charity organisation that owns the building.

THE OPPORTUNITY

A rare opportunity in London’s West End: an established, fully-operational recording studio complex comprising four finished studios, two isolated live rooms and supporting production space, in a passage immediately alongside Conway Hall.

This is being brought to market as an outright sale of the freehold interest, combined with a premium payable to the outgoing leaseholder for the studio fixtures, fittings and infrastructure.

 

LAYOUT

 

Room names have evolved since the studios were first fitted out; the description below uses current usage, with historic floor-plan labels noted for reference.

Ground floor:

  • Studio 2 – control room looking into Live Room 1, a fully isolated live space also shared with the adjacent Studio 3; ideal for voiceover work as well as instrument recording (floor plan: ‘Studio 1’ / ‘Studio 1 Live Room’)

 

  • Studio 3 – production room adjoining the live room (floor plan: ‘Programming 1’)

 

  • Studio 4 – newly built room-within-room, floated floor, fully soundproofed, with natural light onto the courtyard (floor plan: ‘Programming 2’, previously unfinished shell)

 

  • Reception / lounge area with TV; kitchen with back door to smoking area; WC; networking cupboard (Cat 5 & 6)

 

First floor / mezzanine:

  • Staff room / office – newly renovated (floor plan: ‘Kitchen / Mezzanine’)

 

Basement:

  • Basement Master Studio 1, with its own live room (Live Room 2) and machine room area (floor plan: ‘Basement Studio’ / ‘Basement Live Room’)

 

  • Unique selling point: direct tie lines to Conway Hall next door, available to rent subject to availability, for an extra fee.

 

INDICATIVE COMMERCIAL TERMS
Price for the bricks & mortar freehold property does not attract VAT, however the additional recording studio soundproofing, acoustic treatment, wiring, fixtures & fittings – worth £85k – has a VAT implication and would be invoiced separately.
In other words, the price would be £1,085,000 plus £17,000 of VAT.
Running costs: circa £21,000 PA – typical business rates, utilities, networking, cleaning & insurance

Potential subletting income: circa £50,000 PA

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