Cornwall car park sells for £ 45,000 a week after it goes on the market

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Cornwall parking space sells for £ 45,000 a week after it goes on the market as landowners take advantage of growing interest in the area due to the G7 summit

  • A parking space in St Ives, Cornwall was sold for £ 45,000 ahead of the G7 summit
  • World leaders gathered in the Cornish seaside resort of Carbis Bay this weekend
  • Nearby spot sold for £ 45,000 a week after being listed by Miller Countrywide










A single parking space in Cornwall sold today for £ 45,000 as landowners take advantage of the growing interest in the area due to this weekend’s G7 summit.

The St Ives tarmac patch is tucked away in a small parking lot on top of a hill that overlooks famous Porthminster Beach.

The region has been placed in the global spotlight as world leaders – including US President Joe Biden – traveled to Cornwall this week for the G7 summit.

Parking in St Ives has become increasingly difficult to secure as impatient British holidaymakers flock to the picturesque town for a stay amid the pandemic.

The parking space at St Ives (above) is tucked away in a small car park on top of a hill that overlooks famous Porthminster Beach

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

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

The spot near Porthminster Beach sold for £ 45,000 just a week after being listed by Miller Countrywide.

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

The parking space is less than a mile from the beach and a short walk from the town’s sought-after restaurants and the Tate Art Gallery.

In his list, Miller Countrywide said, “One 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. One parking space, good size with easy access. Ideally located near the city. ‘

Parking in St Ives became increasingly difficult to secure as impatient British holidaymakers flocked to the picturesque town for a stay amid the pandemic

Parking in St Ives became increasingly difficult to secure as impatient British holidaymakers flocked to the picturesque town for a stay amid the pandemic

A Miller Countrywide spokesperson said the G7 summit in nearby Carbis Bay helped spur interest in St Ives.

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

“This is also due in large part to Covid. Parking is a real problem in St Ives.

The identity of the buyer has not been disclosed.

The G7 summit will see representatives from Canada, France, Germany, United States, Italy and Japan meet in Cornwall alongside Ursula von der Leyen representing the EU.

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

The parking space is less than a mile from the beach and a short walk from the town's sought-after restaurants and the Tate Art Gallery.

The parking space is less than a mile from the beach and a short walk from the town’s sought-after restaurants and the Tate Art Gallery.

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