1769 Thames toll bridge up for sale
LONDON – A toll bridge built in 1769 across the River Thames will be auctioned next month, offering buyers a tax-free investment with a bit of historic charm.
The Swinford bridge brings in about 190,000 pounds (US$320,000) in toll payments from about 4 million vehicle crossings a year, and the bridge's owner can pocket all the income without paying tax.
The picturesque bridge in Oxfordshire, about 65 miles (105 kilometers) northwest of London, has a suggested price of 1.65 million pounds ($2.77 million). The property comes with a stone toll cottage and acres (hectares) of land.
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The Swinford bridge brings in about 190,000 pounds (US$320,000) in toll payments from about 4 million vehicle crossings a year, and the bridge's owner can pocket all the income without paying tax.
The picturesque bridge in Oxfordshire, about 65 miles (105 kilometers) northwest of London, has a suggested price of 1.65 million pounds ($2.77 million). The property comes with a stone toll cottage and acres (hectares) of land.