Ok guys, this is a fairly unique thread... I need some genuine info and am not trying to take the piss or be smug...

I'm a property developer by day and a musician by night, I have just come across a building that I think would make an excellent pro-recording studio and am considering going for it. I've always wanted to own a studio (not necessarily be an engineer), I've been a musician for close to 15 years so this is not a pie in the sky idea.

I need to know from any engineers out there the rough cost of gear for a good quality studio (not a €1M Bob Rock setup). I can probably afford about €100K (close to $130K US) for gear and about another €100 €150K for the structural work (three phase power, soundprofing, structural work etc).

Also, if you know what you're talking about, what gear would expect/like to see in a good quality studio. There are not too many high end studios in my city so I don't have to comete with gargantuan budgets.

The building is 120 sq.m with four equal sized rooms, 11ft ceilings (that's very high), detached and block built on suspended timber floors. I take it that I may have to do work on the floors? The really cool thing is that this building looks like an old church (complete with statue of Mary on the outside wall), it was owned by a religious order and untill now has ben used as a community center. I'm thinking of having 1 control room, 1 room dedicated to drums and another for guitars and bass, then the last room could be for recreation and also have a vocal booth. Would a god studio need anything else? BTW I'm not to proud to buy used gear (once it has been checked by a professional).

If anyone has any ideas I would value your feedback.

Thanks

PS I'm going to post another thread asking for a list of dream gear for a pro studio