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| Parking space in Cornwall set to sell for up to £40,000 | Parking space in Cornwall set to sell for up to £40,000 |
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| A parking space in a popular Cornwall beach resort is set to go under the hammer for an estimated £40,000, auctioneers say. | 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. | 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. | 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. | “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. | “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. | 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. | 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 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. | 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 | Additional reporting by PA |