Central London shop On The Beat Records for sale on eBay

The oldest record shop in central London is up for auction on eBay, after the owner decided to "let another passionate music lover take over".

On the Beat Records, on Hanway Street, near Tottenham Court Road, was established in 1979, and specialises in rock, soul, blues, folk, funk and indie music. But founder Tim Derbyshire says it's time for a new owner who wants to live the 'High Fidelity' lifestyle - but who isn't looking to get rich.

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