One of the recently-purchased tunnels beneath London as it looks today.

One of the recently-purchased tunnels beneath London as it looks today.

Source: The London Tunnels / DBOX

Secret ‘James Bond’ Tunnels May Become a Tourist Attraction

A subterranean space once used by British spies has been sold to fund manager Angus Murray, who has grand ambitions for it.

A warren of tunnels beneath central London, once used by the spies who inspired the creation of James Bond, has been bought by a fund manager with a £220 million ($269 million) plan to turn them into a tourist attraction “as iconic as the London Eye.”

Australian-born Angus Murray, a former executive at asset manager Macquarie Group Ltd., has signed a deal to buy the tunnels from Britain’s former state telecom monopoly, BT Group Plc, and has a four-year makeover strategy for the site. The Kingsway Telephone Exchange, as it is officially known, occupies 8,000 square meters (86,111 square feet), 40 meters below the lawyers’ offices that characterize London’s Holborn district.