Big news for Prince fans this morning, as it's been announced that his famous Paisley Park studio complex, where he lived and worked before his death earlier this year, is to open up to the public.

It looks like the complex, which was built in 1985, will not be sold after all, despite rumours to the contrary in recent months.

Located in the town of Chanhassen, Minnesota, the custom-built complex was where Prince albums like 'Sign O' the Times' and 'Lovesexy' were recorded.

His sister Tyka Nelson released a statement saying: "Opening Paisley Park is something that Prince always wanted to do and was actively working on. Only a few hundred people have had the rare opportunity to tour the estate during his lifetime. Now, fans from around the world will be able to experience Prince’s world for the first time as we open the doors to this incredible place.”

From October 6th, fans will be able to tour Prince's recording studios, private concert hall, rehearsal rooms, private NPG club and the video editing suite, as well as seeing exhibitions of instruments, clothes and more belonging to the late star.

The company that runs Elvis's estate Graceland will also manage Paisley Park. Standard (pre-booked only) tickets will cost $38.50 (€34) and tours will last 70 minutes, running every 10 minutes throughout the day - which means that up to 2,000 people may pass through its doors on a busy day.