Jetty Sale could suit floating Olympic Hotel

Auctioneer James Cannon said: 

"This is one of the more unusual items I have been asked to sell by auction. There is a guide price of just £1 so it will offer a lot of scope to more imaginative investors. But amongst the various potential uses suggested by potential bidders,the floating hotel berth seems very sensible as we know there is a shortage of suitable accommodation in London over the Olympics period."

The large coaling jetty was part of the Deptford West Power Station which was built on a former dry dock site and opened in 1929 by the London Power Company, Generation ceased on 31st October 1983. It was demolished in 1992 and Fairview developed the site which became Millennium Quay for housing. The jetty survived and is being sold at auction by the residential developer.

The 328ft by 40ft jetty is accessed from the Thames Footpath towards the eastern end by a bridge. It is close to River Clipper services, buses, Greenwich DLR and Deptford and Greenwich rail stations.

Cannon Capitals auction will be held TODAY at the Langham Hotel, Portland Place, London, W1 on Wednesday 8 December 2010 at 11.00 am.

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