Western Morning News

Parking space comes with a £100k price tag

- COLLEEN SMITH colleen.smith@reachplc.com

ASINGLE parking space in a popular South Devon village has been put up for sale with a £100,000 price tag.

Pictures show the under-cover space is big enough for a Porsche in the mews garage off Fore Street in the centre of the upmarket riverside village, Shaldon.

The sale looks set to go ahead later this week. It follows the sale of two parking spaces on an empty site at Shoreside, off Clifford Close in the village, which was on the market for £120,000.

A sale has been agreed by KLP Kitchener land agents for the outdoor plot at the former Teign Haven Holiday Chalet Village.

Villagers are both shocked and unsurprise­d by the astronomic­al prices for parking in Shaldon, which is notoriousl­y short of spaces, especially during the summer tourism months.

One villager said: “Everybody is laughing about it – but at the end of the day if you can afford a £2 million house and you want to live down by the river, an extra £100,000 probably doesn’t matter to you.”

The newest space for one car is in an open garage at Royal Standard Mews, Penrhyn Place. It is just one of five parking spaces off Fore Street, in the heart of the village. There is security lighting and the 999-year lease started from 2016. The space measures 4.5 by 2.84 metres, with a height of 2.08m. It is for sale by informal tender on Friday, November 26, with offers in the region of £100,000.

Julie Carden, from Bradleys estate agents’ Shaldon office, said: “We have received a lot of interest. A lot of people are talking about it.

“There is generally a lack of parking within Shaldon because the village wasn’t built with cars in mind.

“There are many houses in the heart of Shaldon which have no parking or restricted parking, and therefore parking spaces like this are always going to be sought after.”

 ?? Derek Bryant ?? > Riverside village Shaldon, where parking commands high prices, including (inset right) a space in Royal Standard Mews on the market for offers in the region of £100,000
Derek Bryant > Riverside village Shaldon, where parking commands high prices, including (inset right) a space in Royal Standard Mews on the market for offers in the region of £100,000
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