A bit of History-A Peppercorn for the US Embassy
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Join Date: Aug 2008
Location: North Texas
Posts: 895
I'm reading a book and the lease terms for the US Embassy in London was mentioned. Naturally, I had to go to the Internet to check it out. The book stated the US paid ONE PEPPERCORN a year for the rent. And the lease has more than 900 years left to go. Now that's some deal!
And the book was right.
The report I saw on the Web states the Embassy is moving and it has been put up for sale at 500million British pounds. Big Bucks. In case you are interested, I am posting the link. To me it is very interesting. It is moving to have better security.
http://www.archpaper.com/e-board_rev.asp?News_ID=3088
And the book was right.
The report I saw on the Web states the Embassy is moving and it has been put up for sale at 500million British pounds. Big Bucks. In case you are interested, I am posting the link. To me it is very interesting. It is moving to have better security.
http://www.archpaper.com/e-board_rev.asp?News_ID=3088
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