Car park in Cornwall sells for £45,000 a week after it goes on sale

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Car park in Cornwall to be sold for £45,000 a week after it goes on sale as landowners take advantage of rising interest in the area following the G7 summit

  • Car park in St Ives, Cornwall, sold for £45,000 ahead of G7 summit
  • World leaders gathered this weekend in the seaside town of Carbis Bay in Cornwall
  • Nearby spot sold for £45,000 a week after being listed by Miller Countrywide

A single car park in Cornwall has sold for £45,000 today as landowners take advantage of rising interest in the area following this weekend’s G7 summit.

The stretch of tarmac in St Ives is tucked away in a small car park on top of a hill overlooking Porthminster’s famous beach.

The area has been thrust into the global spotlight as world leaders – including US President Joe Biden – descended on Cornwall this week for the G7 summit.

Parking in St Ives has become increasingly difficult as eager British holidaymakers flocked to the picturesque town to stay during the pandemic.

The car park in St Ives (above) is tucked away in a small car park at the top of a hill overlooking the famous Porthminster beach

The car park in St Ives (above) is tucked away in a small car park at the top of a hill overlooking the famous Porthminster beach

The spot near Porthminster Beach (marked in red) sold for £45,000 just a week after being listed by Miller Countrywide

The spot near Porthminster Beach (marked in red) sold for £45,000 just a week after it was listed by Miller Countrywide

The spot near Porthminster Beach (marked in red) sold for £45,000 just a week after it was listed by Miller Countrywide

The site near Porthminster Beach sold for £45,000 just a week after it was listed by Miller Countrywide.

This is believed to be the largest amount ever paid for a single parking space in St Ives.

The car park is less than half a mile from the beach and within walking distance of the town’s popular restaurants and the Tate art gallery.

In the listing, Miller Countrywide said, “A parking space for one vehicle. Located in town close to local amenities. A good size with easy access.

‘Located on Porthminster Terrace in a location close to the city. A single parking space, a good size with easy access. Ideally located close to town.’

Parking in St Ives has become increasingly difficult as eager British holidaymakers flocked to the picturesque town to stay during the pandemic

Parking in St Ives has become increasingly difficult as eager British holidaymakers flocked to the picturesque town to stay during the pandemic

Parking in St Ives has become increasingly difficult as eager British holidaymakers flocked to the picturesque town to stay during the pandemic

A Miller Countrywide spokesman said the G7 summit, in neighboring Carbis Bay, played a role in boosting interest in St Ives.

He said: ‘It’s definitely a factor, it put us on the map.

“A lot of that has to do with Covid as well. Parking is a big problem in St Ives.’

The identity of the buyer has not been disclosed.

At the G7 summit, representatives from Canada, France, Germany, the US, Italy and Japan will gather in Cornwall alongside Ursula von der Leyen who represents the EU.

Leaders will discuss global recovery from the Covid pandemic, climate change and global trade between today and Sunday.

The car park is less than 800 meters from the beach and within walking distance of the town's popular restaurants and the Tate . art gallery

The car park is less than 800 meters from the beach and within walking distance of the town's popular restaurants and the Tate . art gallery

The car park is less than 800 meters from the beach and within walking distance of the town’s popular restaurants and the Tate . art gallery

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