CS1 maint: Branson and Powell had initially run a small record shop called Virgin Records and Tapes on Notting Hill Gate , London, specializing in " krautrock " imports, and offering bean bags and free vegetarian food for the benefit of customers listening to the music on offer. Please help by adding reliable sources. The Faust Tapes album retailed for 49p the price of a 7" single and as a result allowed this relatively unknown band to reach number 12 in the album charts [ citation needed ]. Money UK Money Australia.
It all sounded very ambitious and rather unlikely to me. Plans were made to acquire a recording studio in Oxfordshire, The Manor, and set up the label. Archived from the original on 2 February