ITV Granada Studios to be sold at £26.5 Million Sale

Granada-Studios.It's time to sell ITV's Granada Television Studios.

The studios that are present at Quay Street in Manchester would be sold in a £26.5m deal to Allied London and Manchester City Council.

The parent company would be shutting down the site. This place is famous for being a hub to the commercial television in the North West since 1956.

It was further relocated to new studios at Salford Quays beside the BBC in MediaCity. Fleshing out the details, the authorities concerned have stated that only its soap opera at Coronation Street will stay at the original complex.

Manchester Quays Ltd has signed the deal. But the deal has been signed on one condition that it would again develop the 13.5 acre site as a mixed-use destination.

Presently the location possesses 1950s built office block and studio space and also the original Bonded Warehouse. The latter one is still occupied by the Coronation Street production.

There is an iconic black lot that is a hub to the outdoor sets. This includes Rovers Return Inn and The Kabin Newsagents. This is expected to relocate to MediaCityby the end of 2013.

ITV is presently building a new black lot set at the Salford location for the programme.