RAF hangars sale soars to £1m
5:30am Tuesday 20th May 2014 in Latest News
TWO former RAF hangars in Wroughton have sold for more than £1m after they went under the hammer at an auction.
The amount was almost twice the guide price, after they were advertised as having the potential for a variety of uses.
Both of the hangars were bought together for a combined fee of £1,090,000 by an anonymous bidder following an auction at Eddisons.
The overall price was forced up by two separate bidders battling for the lot.
Auctioneer Simon Bailey said: “It was a great result but given the quirky nature of the hangars it didn’t surprise me.
“There was lots of interest, pre-auction but largely it came down to two people fighting it out to the bitter end in the auction room.”
The hangars were used during the Second World War to store aircraft before being used as warehouse storage.
In total, the hangars span an area of 26 acres and were part of the site which was purchased by the Royal Navy in 1972 to repair helicopters. It was later closed down in 1978.
The rest of the site is owned by the Science Museum, with a section subject of a public hearing into the building of the country’s largest solar farm.
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