A state-of-the-art music facility in Brierley Hill, Dudley, has been put up for sale with a guide price of £4m.
The 44,623 sq ft Cable Plaza building is located on Waterfront West – part of the Waterfront Business Park – and is currently home to the not-for-profit higher education provider Resonance.
The facility comprises a studio complex with three recording studios, four radio broadcast rooms, eight soundproofed band rehearsal rooms and six soundproofed individual practice rooms.
It also has a specialist Mac lab and IT suite, nine spacious multi-purpose teaching rooms and a 200-seat lecture theatre/performance space.
Ben Holyhead, an associate in the Birmingham office of Watling Real Estate, which along with Knight Frank has been appointed to market the opportunity, said: “This is a highly specified property, which was subject to an extensive circa £5m refurbishment and fit-out by Overbury in 2019, offering market leading music recording and teaching facilities. The property presents a turnkey opportunity for an occupier operating within the education/creative arts sector.”
Jasper Upton, associate in the education and charities team at Knight Frank, added: “This exceptional music education facility at Cable Plaza represents a rare opportunity to acquire one of the UK’s most advanced creative arts premises. Cable Plaza is a standout asset in the local area. Subject to the necessary consents, Cable Plaza could also be utilised by an office occupier looking for a vibrant, thought-provoking space. The Waterfront’s superb location and future connectivity to the Midlands Metro network only adds to the appeal.”
