THE much-loved Abbey Road studios in St John s Wood could soon be sold off. The historic recording studio, whose name was immortalised on the last Beatle s album in 1969, has apparently been put on the market by its owner EMI. A sale of the property could
THE much-loved Abbey Road studios in St John's Wood could soon be sold off.
The historic recording studio, whose name was immortalised on the last Beatle's album in 1969, has apparently been put on the market by its owner EMI.
A sale of the property could raise tens of millions of pounds, which could help EMI pay off the huge debts it inherited when it was taken over by private equity company Terra Firma.
But it is still to be confirmed whether it will be sold with the Abbey Road brand.
EMI bought the studios for �100,000 in 1929 and it has gone from being used to record British propaganda during the Second World War to being patronised by bands such as Pink Floyd and the Beatles.
Both EMI and staff at Abbey Road studios refused to comment on reports of the sale.
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