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Thread: St Ives parking spaces on sale for more than £50,000

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    Stanman's Avatar
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    St Ives parking spaces on sale for more than £50,000

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    A parking space in a Cornish seaside resort could sell for £55,000 - more than twice the county's average salary.


    The offer for the space in St Ives, where parking spots are at a premium, is being handled by Miller & Son.


    Estate agents say there are so few places to park in the resort that people are prepared to pay large amounts for a town centre spot.


    One said that as soon as a parking space went on the market it was usually a "dog fight" to buy it.


    'Awash with money'
    Five years ago an asking price of £24,000 for a parking space in the town made headlines.


    Paul Le Bas, of estate agents Miller & Son, which has received the £55,000 offer for the space on Tregenna Hill, said: "Just put it on the internet, ring round everyone that you have on the list that is looking for parking and normally it's a dog fight after that.

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    "It's quite entertaining to do."


    Jerry Harper, director of property developers Trelyon Estate Ltd which is expecting to get more than £50,000 for another space near the seafront, said buyers were usually second home owners.


    "They do not want to spend hours driving around St Ives looking for a parking space and they want a guaranteed space available to them if they go out for the day," he said.


    Councillor Colin Nicholls, deputy mayor of St Ives, said: "There's only a certain type of person that wants to pay all that, but it seems to me like a dinner party accessory.


    "People are buying them to be able to say that because they are awash with money."

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    Sicilian (27-08-12)

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    Larry-G's Avatar
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    Thats almost as daft as those stupid beach huts that sell for moronic sums of money too.
    My posts contain my own personal thoughts and opinions, they do not represent those of any organisation or group but my own.

    If you don't like what I post, Don't read it.

    SIMPLES.

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    disgusting lol but if theres a demand then there you will always find this sort of thing
    "Patience is a virtue, Possess it if you can"
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