Helical plc has recently announced the sale of Chiswick Power House, a historic building in London, to Riverside Capital for a staggering ยฃ7 million. The property, also known as Power House Studios, is famous for being home to recording studios used by the likes of Queen, The Who, and Sting. The sale of this iconic building marks the end of an era for the music industry, as it has played a significant role in shaping the sound of countless artists over the years.
Chiswick Power House, located in West London, has a rich history dating back to the 1920s when it was originally built as a power station for the London Underground. In the 1970s, it was converted into recording studios and quickly became a popular destination for musicians and bands looking to lay down tracks in a creative and inspiring environment. The list of artists who have recorded at Chiswick Power House reads like a who’s who of music legends, and the building itself has become a symbol of London’s vibrant music scene.
Helical plc, a leading property investment and development company, acquired Chiswick Power House in 2010 and has since transformed it into a thriving creative hub. The sale of the building to Riverside Capital represents a significant milestone for both companies, as it paves the way for a new chapter in the building’s storied history. Riverside Capital, a property investment and development firm, has big plans for Chiswick Power House and is committed to preserving its heritage while also modernizing it to meet the needs of today’s creative industries.
The sale of Chiswick Power House is bittersweet for many in the music industry, as it marks the end of an era for a beloved recording studio that has been a fixture in the London music scene for decades. However, it also represents an exciting opportunity for Riverside Capital to breathe new life into the building and create a space that will continue to inspire generations of artists to come. The ยฃ7 million price tag for the sale of Chiswick Power House is a testament to its historical significance and the potential it holds for the future.
As news of the sale spreads, many in the music industry are reflecting on the memories and experiences they have had at Chiswick Power House over the years. From late-night recording sessions to impromptu jam sessions with fellow musicians, the building has been a creative oasis for artists looking to push the boundaries of their craft. While the sale of Chiswick Power House may mark the end of an era, it also signals the beginning of a new chapter for the building and the creative community that calls it home.
The sale of Chiswick Power House to Riverside Capital for ยฃ7 million is a momentous occasion for all involved, as it represents the passing of the torch from one chapter in the building’s history to the next. While the music industry may never be the same without the iconic recording studios at Chiswick Power House, there is hope that the new owners will honor its legacy and continue to support the creative endeavors of artists for years to come. As the building prepares to enter a new phase of its existence, those who have been touched by its magic over the years can take solace in knowing that its spirit will live on in the music that was created within its walls.
