Irish Studio That Hosted 'Braveheart,' 'Penny Dreadful' for Sale
Ardmore Studios is currently hosting such productions as 'Into the Badlands.'
Ireland's Ardmore Studios, where such films as Braveheart and TV shows as Penny Dreadful have shot, has been put up for sale.
The hub that sits on 18 acres in Bray, County Wicklow is currently hosting such productions as Into the Badlands and The Professor and the Madman. Current majority shareholders Ossie Kilkenny and Paul McGuinness have owned the studio for almost 30 years.
Ardmore Studios has benefited from investments in recent years to enhance the complex's facilities and recorded a profit before tax of $1.76 million (€1.60 million) in 2015, up from €1.5 million in 2014.
Ardmore "is the only media hub in Ireland capable of providing production, post-production and support services for full-length feature films and TV productions," the company said. Its tenants include a range of film specialists offering pre- and post-production, as well as support services.
The planned sale will have no impact on the day-to-day operations, the owners said. They also highlighted Ireland's tax incentives as "a key attractor for international productions," adding that "demand for fully-serviced studio space in Ireland remains buoyant."
They said that Ardmore Studios has operated at an average annual capacity of 85 to 90 percent since 2013.
Established in 1958, Ardmore is the largest and only studio in Ireland to offer seven international standard soundstages with full support services on site.
Other productions at the studio over the years include My Left Foot, Excalibur, The Tudors and Moone Boy.