The band members are planning to purchase a space in Nottingham, central England, and call it the Albion Rooms, plus they want to turn the upstairs flat in the property into a music studio where they can work on new material in a "relaxed environment", Daily Mirror reported.
"Pete and Carl want somewhere of their own where they can hang out and make music in a relaxed environment. They want a social atmosphere so they can work on music when they're at their most creative," a source said.