Buy Your Own Tunnel

tunnel_londonLONDON — For sale: a vast tunnel complex in central London. Former tenants include Britain’s secret service, the famous hot line between America and the Soviet Union during the cold war and 400 tons of government documents. The asking price is $7.4 million.

Cheap, huh?

An eclectic range of would-be buyers has asked about the space, including an overseas billionaire seeking a spot to hold his board meetings. Others who have expressed interest include those looking for a location for a wine collection, London’s police and local electricity companies, said Niall Gallagher, the realty agent at Farebrother Chartered Surveyors in charge of finding a suitable buyer.

That’s a long list of would-be buyers. Apparently it *is* cheap.

After years of lying unused beneath the traffic-jammed streets of the city, the tunnel complex — one mile of underground corridors and adjacent rooms — is now for sale by the BT Group, Britain’s largest phone company. BT hopes the site’s special features will attract buyers even as the property market above ground is going through its biggest downturn in decades.

Appearing more like the set of a James Bond movie than prime real estate, the complex still has a bar and two canteens, not in use, and a billiard room, not to mention functioning water and electricity supplies.

It has a billiard room.That’s the main thing people usually check for when buying property.

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