Shell out £50k to park beside the seaside...
A DOUBLE parking space at a seaside resort is being sold for a record £50,000, because two cars can be accommodated if one sits sideways.
Parking spaces are at a premium in St Ives, Cornwall.
The town is hugely popular with holidaymakers for its beaches, top restaurants and Tate gallery.
One parking space was auction for £40,000 last year.
This latest space, which could also accommodate a single camper van, is located at the top of a hill overlooking Porthminster Beach.
It has good access to the town and rail station, where a lack of parking is becoming an increasing problem.
However, the price of the new space – enough to buy a small property in other parts of the county – is bound to infuriate locals.
Two years ago 80 per cent of St Ives residents voted to ban the selling of new-build properties as second homes. They voted to reserve them instead for people intending to live in the town permanently.
A property website describes the latest parking space on the market as “a rare opportunity to acquire a large parking area at Porthminster terrace, well-positioned for the town centre”.
The estate agent says: “Parking is an ever increasing problem in the town and an early viewing appointment sold at
But £400k IS uk’S MOSt EXPENSIVE
PARKING can be an expensive business – or very cheap.
It is believed that the most expensive space in the UK is one which sold in South Kensington for £400,000 in 2014.
The underground berth in west London is big enough to accommodate three cars.
The owner can park in the trendy area close to the Royal Albert Hall and Harrods.
Just down the road, an outdoor parking bay in Hyde Park Gardens was sold for £300,000 in 2016 with 87 years remaining on its lease.
However, an entire 91-space car park in Basildon, Essex, is available for £400,000.
The most expensive parking space in the world sold for $1million (£763,000) in New York. is highly recommended.” It adds that the space is tucked behind a row of terraced houses and also has access from a footpath.
Cornwall Council currently charges visitors £47 a week to use one of the town’s car parks – although it warns that this does not guarantee a space if the car park is full.