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What will the sale of the Secret London wartime tunnel complex bring?
Settled as No tender accepted by the end of this year
No reports that a sale has yet gone thorugh
Background:
A once-secret 1940s tunnel complex under the center of London that housed military intelligence and linked the cold war hot line phone between Washington and Moscow has been put up for sale.
The Kingsway Tunnels were built in 1940 as deep air-raid shelters and have since been used as a war command headquarters, a library and the telephone exchange that connected the presidents of the US and the USSR in the Cold War.
The Post Office took over the tunnels after the Second World War, and now its successor, BT, has put them up for sale. With 77,000 sq ft (7,153 sq m) of space under the center of the capital available, offers of £5 million (currently US$ 8.66 Million) are expected.
Sales agent Farebrother said there had already been a lot of interest in the now disused property. Farebrother partner Niall Gallagher said there had been an "eclectic" mix of enquiries. "Private individuals, companies, corporations, government departments -- we've got the whole spectrum at the moment," he added.
http://uk.reuters.com/article/lifestyleMolt/idUKTRE49F6EG20081016
http://www.timesonline.co.uk/tol/news/uk/article4951472.ece
Some pictures for those who are interested:
http://news.bbc.co.uk/2/hi/in_pictures/7672341.stm
The Kingsway Tunnels were built in 1940 as deep air-raid shelters and have since been used as a war command headquarters, a library and the telephone exchange that connected the presidents of the US and the USSR in the Cold War.
The Post Office took over the tunnels after the Second World War, and now its successor, BT, has put them up for sale. With 77,000 sq ft (7,153 sq m) of space under the center of the capital available, offers of £5 million (currently US$ 8.66 Million) are expected.
Sales agent Farebrother said there had already been a lot of interest in the now disused property. Farebrother partner Niall Gallagher said there had been an "eclectic" mix of enquiries. "Private individuals, companies, corporations, government departments -- we've got the whole spectrum at the moment," he added.
http://uk.reuters.com/article/lifestyleMolt/idUKTRE49F6EG20081016
http://www.timesonline.co.uk/tol/news/uk/article4951472.ece
Some pictures for those who are interested:
http://news.bbc.co.uk/2/hi/in_pictures/7672341.stm
Settlement details:
As reported by a major mainstream news source.
Settled
| No tender accepted by the end of this year |
| |||
| less than £4.5 million |
| |||
| £4.5 million to less than £5.0 million |
| |||
| £5.0 million to less than £5.5 million |
| |||
| £5.5 million or more |
|
Activity: H$30,602
Settled as No tender accepted by the end of this year on Thu 1st Jan 8:35pm PST
Suspend date: Wed 31st Dec 2008 11:59pm PST Settlement date: Thu 1st Jan 8:35pm PSTPrediction cut-off: Predictions on this question after Wed 31st Dec 2008 11:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: No tender accepted by the end of this year: 5%, less than £4.5 million: 10%, £4.5 million to less than £5.0 million: 40%, £5.0 million to less than £5.5 million: 35%, £5.5 million or more: 10%
Action history:
Changed Description Thu 23rd Oct 2008 4:41am PDT by 
tomg![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: show details
tomg: show details ... been put up for sale. <.<br/> <br/> The Kingsway Tunnels ... the capital available, offers of £Â£5 million (currently US$ 8. ... at the moment," he added. <.<br/> <br/> <a href="http:// ... .com/article/lifestyleMolt/idUKTRE49F6EG20081016</a> <><br/> <a href="http://www. ... /news/uk/article4951472.ece</a> <><br/> <br/> Some pictures for those who are interested: <:<br/> <a href="http://news.
Suspended Wed 31st Dec 2008 11:59pm PST : Suspend date reached
Suspended Wed 31st Dec 2008 11:59pm PST : Suspend date reached
Suspended Wed 31st Dec 2008 11:59pm PST : Suspend date reached
Suspended Wed 31st Dec 2008 11:59pm PST : Suspend date reached
Suspended Wed 31st Dec 2008 11:59pm PST : Suspend date reached
Settlement requested Thu 1st Jan 4:07pm PST by 
pixelpaws
: Searched around Google News and there's not even a story on the subject right now. No sale, I presume.
http://news.google.com/news?hl=en&ned=&q=London+wartime+tunnel+complex&btnG=Search+News
pixelpaws: Searched around Google News and there's not even a story on the subject right now. No sale, I presume.
http://news.google.com/news?hl=en&ned=&q=London+wartime+tunnel+complex&btnG=Search+News
Settled as 'No tender accepted by the end of this year' Thu 1st Jan 8:35pm PST by 
ryanj: No reports that a sale has yet gone thorugh
ryanj: No reports that a sale has yet gone thorugh
Suspend date: Wed 31st Dec 2008 11:59pm PST Settlement date: Thu 1st Jan 8:35pm PSTPrediction cut-off: Predictions on this question after Wed 31st Dec 2008 11:59pm PST have been voided because they were made after the question could be settled
more info...
Get widget!Predictions (131)
131 predictions
jsevigny
predicted No tender accepted by the end of this year (H$200 at 86%)
daleo
predicted No tender accepted by the end of this year (H$200 at 85%)
keyeshoveden
predicted No tender accepted by the end of this year (H$1,440 at 83%)
lcsnor
predicted No tender accepted by the end of this year (H$50 at 84%)
predicted £5.5 million or more (H$50 at 37%)
micklebringComments (3)
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score: 10
Telegraph 6 weeks ago
Previous of Images Next Kingsway Tunnels was an air raid shelter during the Second World War Photo: GETTY The tunnels can be accessed by two unmarked doors on High Holborn Photo: GETTY The underground labyrinth
score: 10
Telegraph 6 weeks ago
Previous of Images Next Kingsway Tunnels was an air raid shelter during the Second World War Photo: GETTY The tunnels can be accessed by two unmarked doors on High Holborn Photo: GETTY The underground labyrinth
score: 10
The Times 10 weeks ago
to Hitwise. Yotel: The budget hotel chain Yotel has launched an estimated 5 million bid to buy the Kingsway Tunnels in Central London from BT, the telecoms group, for conversion to an underground hotel. WorldSpreads: The spreadbetting group WorldSpreads
score: 10
Travel Mail 10 weeks ago
Holborn. Simon Woodroffe OBE, who also heads budget hotel group Yotel, today announced he wants to buy the Kingsway Tunnels. Built in 1940, they are about a mile long and have served as an air-raid shelter, MI6 spy base and Cold War telephone exchange.
score: 10
Travel Mail 10 weeks ago
Holborn. Simon Woodroffe OBE, who also heads budget hotel group Yotel, today announced he wants to buy the Kingsway Tunnels. Built in 1940, they are about a mile long and have served as an air-raid shelter, MI6 spy base and Cold War telephone exchange.
The BT tunnel has no direct access from the surface and is much further underground.
Congrats on the "S"
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