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Cold War nuclear bunker for sale in Scotland

02-11-2011 05:58 PM CET | Industry, Real Estate & Construction

Press release from: Ocean Villas Group Pte. Ltd.

United Kingdom, property, residential, deal, unusual property, England

United Kingdom, property, residential, deal, unusual property, England

A Cold War nuclear bunker in Scotland has been put on the property market by its owners, Comrie Development Trust (CDT).

The nuclear bunker is located beneath the rolling Scottish hills of the former Cultybraggan Camp, over a mile south of the town of Comrie and within fifty miles of Edinburgh and Glasgow.

The former military installation was built in 1939 and played host to some of the most notorious Nazi prisoners of war during the Second World War.

At the end of the Second World War the camp was turned into an Army training area, until 1960 when it became the Royal Observer Corps nuclear monitoring post.

Originally commissioned by the Scottish Parliament, the huge underground bunker housed over one hundred and fifty staff who worked to protect England and Scotland from nuclear, biological and electromagnetic attacks.

It was the most technologically advanced bunker built during the Cold War, complete with a BBC studio, a canteen, a telephone exchange and dormitories.

Construction cost in the region of US$48.2 million, which would be around US$144.4 million in today’s money, allowing for inflation.

Once the bunker was completed, however, the Cold War quickly came to an end and it was no longer needed.

In August 2007 CDT, a non-profit organisation, bought the Cultybraggan Camp site for £350,000 (US$559,000) with the intention of redeveloping it to provide commercial premises for local businesses at competitive rates.

Over the last three years CDT has rebuilt the camp and spent a total of US$722,000 on its infrastructure, upgrading the drainage, sewage, electricity, telecoms and water systems.

Nine of the camp’s huts and the former mess building have been refurbished and are now being rented to local businesses. Proposals are also underway to equip the camp with a renewable energy system in the future.

Since the unusual property was first advertised, the Scottish nuclear bunker has attracted a great deal of interest from all over the world.

“Potential purchasers have come from Bermuda, Australia, America, France, Germany, South Africa, Dubai, India, Spain and the UK and we have several interested parties lined up for viewings on the 9th, 10th and 11th February. Possible uses suggested for the bunker have ranged from an antiques or wine store to a residential home to a telecommunications centre. We have even had interest from someone who would use it as a doomsday shelter,” commented Andrew Black, Associate to Carter Jonas who are marketing the property.

“This really is a fascinating installation which would suit a variety of uses including high security computer data storage, a disaster recovery facility or even a temperature controlled fine wine store. This is the first step in a historic route as the Trust is calling for interested parties to come forward and develop this truly unique building set within the magnificent backdrop of the surrounding hills and glens on the edge of the Loch Lomond and Trossachs National Park.” Black concluded.

For anyone interested in making an offer the bunker has a guide price of £400,000 (US$642,000).

Read more from the source here... http://blog.oceanvillasgroup.com/cold-war-nuclear-bunker-for-sale-in-scotland/

Rebecca Smith
Ocean Villas Group - http://www.oceanvillasgroup.com

Rebecca Smith is a real estate journalist with more than 15 years experience. She is currently the sales director for Ocean Villas Group (http://www.oceanvillasgroup.com) who specialise in luxury ocean view property investments worldwide.

For more Investment news... [url]http://blog.oceanvillasgroup.com[/url]

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