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Unit3- Rehearsal & Studio Hire - Event Spaces For Sale

Location: London SW9, Studio is in Oval, 5 min fro, London, UK
Asking Price:
£175,000
Turnover:
£200K - £500K
Net Profit:
On request

Location: London SW9, Studio is in Oval, 5 min from the tube Northern Line Zone 2

The six state-of-the-art Leasehold studios come with sprung wood dance floors, professional sound system, lighting options, lounge area, and much more.

The Business offers six different studio sizes depending on the client’s needs, as well as a whole studio option as part of the venue hire. Additionally, along with the studio space, the hire fee gives access to free Wi-Fi, toilets and showers.

The Studios are fully Managed

Key Selling Points:
1. Fully Managed Dance and Creative Studio Complex –
2. Comprising Seven World Class Studios with Superb Facilities. –
3. Six Multi-Purpose Studio Spaces for Sale –
4. Premises Size: 4000 Sq Feet/
5. Leasehold Premises

REASON FOR SALE
The owner is focusing on other ventures and seeks a clean, straightforward sale. The Vendor is available for up to 6 months after the sale for a full Hand over and advice on how to Improve the Sales and Services.


EXECUTIVE SUMMARY

This is a highly regarded, fully managed dance and creative studio complex located in Central London Zone 2. Operating from a 4,000 sq. ft purpose-built facility, the business offers six professional studios suitable for dance, rehearsal, fitness, performance, and creative production.

With a rare late alcohol license (until 1:30 AM Friday–Saturday), it is also positioned as an event-ready venue, an unusual and sought-after attribute in Zone 2.

The business is entirely hands-off, run day-to-day by three experienced studio managers, and supported by an automated booking system. With approximately 60% utilisation, the studio operates profitably with meaningful headroom for growth.

This is a rare opportunity to acquire a well-established, fully operational, and centrally located creative space in a market where supply is limited and demand continues to rise.

Property Information

Property:

Leasehold

Location:

The Studio operates from a highly accessible Zone 2 London location with excellent transport links and year-round demand from the local creative community and wider London area.

Premises Details:

Premises Overview

  • 4,000 sq. ft purpose-built creative studio complex
  • 6 fully equipped studios, each with:

o Mirrors & sprung flooring
o Professional sound systems
o Ventilation & lighting suitable for performance

  • Reception area with customer lounge
  • Dedicated office & storage rooms
  • CCTV & enhanced security
  • Event-ready layout, suitable for nightlife, workshops, and community events
  • Licensed for alcohol until 1:30 AM Fri–Sat

The facility requires no immediate investment and is ready for seamless transition.

________________________________________

LEASE TERMS & CONDITIONS
Lease Start: April 2024
Lease Length: 10 years (to 2034)
Annual Rent: £80,000 (fixed for full term – no rent reviews)
Break Clause: Every 5 years
Security Deposit: £24,000 (to be reimbursed by buyer on completion)

Other Information

Website:
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