Monday, Mar 09, 2009

The O2 is up for grabs

Property Related: The O2 is up for grabs

If you've got a spare bit of cash and fancy investing in a large bit of property then we've got just the bargain for you. The O2, formerly known as The Millennium Dome, is on the market for the bargain price of just £35m.
This may sound expensive but is actually a very good deal for the arena. The dome plays host to some of the biggest music events in the country and it has just recently been announced that Michael Jackson will be performing several shows later this year.

Posted by lee @ 06:10 PM (292 views) Add Comment

3 Comments

1. crunchy said...

How much has the dome cost?
The dome itself cost £700m to build, including £400m from lottery funds and £160m from commercial backers such as British Airways. It received a £60m subsidy in January, and a £29m subsidy in May, after which NMEC said that the dome was "fixed" and that it would need no more handouts. However, in August it received a £43m "advance" on the £106m sale of the site to leisure and entertainment developers Dome Europe. The injection of £47m announced yesterday is aimed at keeping the dome solvent and open for business until the end of the year, bringing total dome spending to around £870m so far. By December, the final bill for the dome is expected to reach £1bn.

crunchy- The bottomless pit of waste. The full article http://www.guardian.co.uk/world/2000/sep/06/qanda

Tuesday, March 10, 2009 09:09AM Report Comment
 

2. inbreda said...

and some deluded people think that labour will be able to do a better job of the 2012 olympics. Dream on! The olympics will be a flop - on the international stage - it will confirm that the uk is never capable of being important ever again.

(Big Bear mood today!)

Tuesday, March 10, 2009 10:16AM Report Comment
 

3. crunchy said...

2. inbreda

(I think along with the Chinese that you are being overly optimistic today!)

We may have an opening featuring the paniced builders putting in the coloured seats in Synchronised disorder
with Brown standing whilst clapping in wait.

Tuesday, March 10, 2009 10:39AM Report Comment
 

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