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Times of India·3 min read·easy

Haunted Drake's Island in UK goes on sale for offers above £2 million

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TOI WORLD DESK
Haunted Drake's Island in UK goes on sale for offers above £2 million
AI Summary

Drake's Island, a historic site off the coast of Plymouth, England, is on the market for over £2 million. The island features military fortifications and has planning permission for a 43-bed hotel development.

Why it matters

The sale represents a unique intersection of historical preservation and commercial real estate development in the UK.

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A tiny historic island off the coast of Plymouth, England, featuring a Grade-II listed house, a vast underground tunnel network and former military buildings, has gone on the market for offers above £2 million, according to The Sun. Drake’s Island, a 6.4-acre landmark in Plymouth Sound, also comes with planning consent for a 43-bed hotel and the potential to generate income through tourism and other commercial ventures.Drake’s Island, located around 500 metres from the mainland in Plymouth Sound, Devon, is being advertised as an “extremely rare opportunity” to acquire a development site with a remarkable military and maritime history.According to estate agent Carter Jonas, which is marketing the property on behalf of a fixed-charge receiver, offers are being sought in excess of £2 million for the freehold interest in the island.The historic landmark initially returned to the market in May, with further details about its potential sale now emerging.Carter Jonas…

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