hi howardmg
unfortunatley i have no advice for you,but also would like to hear what other people have to say and can help with,as ive got a very similar setup to yours and need some help wih acoustics.
mine is also in a victorian cellar,slightly smaller than yours,but otherwise i thought i was looking at an old photo of the room,before i painted the ceiling matt black

!so am keen to find out more about foam tiles/base traps ect and what they offer,or do for the overall sound as i also want to get the most outta my little "man cave"
also if you dont mind me asking,have you done any sound proofing to the cellar in any way,so to not disturb neighbours?or just like me,do you leave it to chance and hope they wont hear thru the thick walls?(i hope)
cheers in advance,hopefully we get some gd advice soon