Parking space in Cornwall set to sell for up to £40,000
Auctioneers believe prime location in St Ives will draw interest from residents and holiday home owners alike
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.A parking space in a popular Cornwall beach resort is set to go under the hammer for an estimated £40,000, auctioneers say.
The parking space in St Ives, which is known for its surfing beaches, art galleries and restaurants, is in walking distance of the town centre, beach and harbour.
Despite measuring just 4.4m by 2.1m (14ft 5in by 6ft 11in), auctioneers believe the space in the private Tregenna Hill car park will draw interest from residents and holidaymakers alike.
Senior auction valuer Katie Semmens, from land and property auctioneers Clive Emson who are holding the auction, said there was a growing demand for this kind of property.
“We have noted continued strong demand for car parking spaces and lock-up garages over recent years,” she said. ”Car parking space of this kind is at a premium in St Ives.
“The popularity of the resort, combined with the security features of this space and its location just a short distance from the picturesque harbour are sure to draw keen interest at auction.
“We’re expecting bids from residents, as well second-home and holiday home owners seeking guaranteed parking in the town – even at the peak of the summer.”
The parking space has the remainder of a 999-year lease from January 1988 and is going under the hammer on 3 November.
It is not the first time parking spaces in the town have sold for such high values at auction.
In August, a space in the town was put up for sale for £51,950.
In 2012, five spaces on Barnoon Terrance in St Ives were sold together for more than £160,000. In the same year, three spaces in the town sold for £50,000, £55,000 and £56,000 respectively at auction.
Additional reporting by PA
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments