Bridge Over River Thames Sells for $1.6 Million
LONDON — A toll bridge built in 1769 across the River Thames has sold for more than $1.66 million at auction.
The Swinford bridge brings in about 320,000 in toll payments from about 4 million vehicle crossings a year.
Due to a quirk in British law, toll revenue collected from the picturesque stone structure about 65 miles northwest of London can be collected tax-free.
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The Swinford bridge brings in about 320,000 in toll payments from about 4 million vehicle crossings a year.
Due to a quirk in British law, toll revenue collected from the picturesque stone structure about 65 miles northwest of London can be collected tax-free.