EMI Records puts Abbey Road up for sale

[dutchman]

EMI Records has put London's Abbey Road studios up for sale.

The iconic recording base, located in St John's Wood and immortalised by The Beatles' 1969 album Abbey Road, is being made available by the company's owners Terra Firma, which is looking to ease EMI's finances following reports that it is facing debts of £1.5bn.

According to the Financial Times, selling the North London studios could potentially raise tens of millions of pounds for the struggling label.

As well as The Beatles, Oasis, Blur, Manic Street Preachers, Pink Floyd and Radiohead are just some of the bands to have recorded at Abbey Road.

The studios were first opened in 1931 by the Gramophone Company, which later became EMI.

It is currently unclear as to whether it is just the location or studio brand that is included in the sale.