Retired New York Man's £35M Barn Find.
Tuesday 9th March 2010, 9:14am
A recently retired New York man wanted to use his retirement funds wisely. The former bank manager decided to buy a home and a few acres in Portugal.
The modest farmhouse had been vacant for 15 years; the owner and wife had past away, and there were no heirs.
The estate was being sold to pay back taxes. There had been several lookers but no real interest in the property. There was a large barn included within the sale which had steel doors that had been welded shut. No one
wanted to go to the extra expense to see what was in the barn.
The New York gentleman bought it as it was, paying just over half of the property’s worth; moved in, and set about accessing the barn.
He and his wife bought a generator and a couple of grinders, and cut
through the welds.
What should be inside, but a HUGE collection of over 100 classic cars!
Total value? – £35m!
Needless to say the couple are now having a great retirement…