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Daily Mirror
Daily Mirror
Business
Flora Bowen & Zahna Eklund

Parking space goes on market for eye-watering £70,000 - and it barely fits a car

If you happen to be in the market for a parking space that's barely big enough to serve its purpose, then you're in luck, as one has just gone up for sale - but it'll cost you an eye-watering £70,000.

The space, located just 250 metres away from Harrods in Knightsbridge, central London, was previously on the market for £85,000 in May last year, but it's back on sale once again and has had a sizeable £15,000 knocked off its price tag.

And although the parking space is in a sought-after location, the 2-metre wide spot is barely big enough to actually fit a car into and makes it an absolute pain to get out of your vehicle once you've squeezed it in.

The space is located in a small garage with CCTV and gated access (Nicolas Van Patrick / SWNS)

Boutique estate agency Nicolas Van Patrick is selling the plot and has said that it would be better suited to those driving left-hand drive cars made for use in other countries, as motorists in right-hand drive vehicles would likely have to exit via the passenger seat.

Patrick Alvarado, director and co-founder of Nicolas Van Patrick, said: "This parking space is best suited for left-hand drive cars as then you can get out unencumbered."

The space is two metres wide by five-and-a-half metres long, and with the average car measuring 1.82 metres wide, it means there's less than 20cm left for you to open your door and get out once you've parked.

What's more, the width of the space falls short of the recommended width for a parking space as set in guidelines drawn up by the Institution of Structural Engineers and the Chartered Institution of Highways and Transportation, which say a space should be 2.4m wide by 4.8m long.

Drivers will have a hard time getting out of their car (Nicolas Van Patrick / SWNS)

But you don't just get the tiny parking space for your money, as the spot is located inside a small garage that is "considered to be very secure" and has CCTV as well as two gates that require fobs to operate.

The listing for the parking space added: "A single allocated parking space within a small garage which is sandwiched between Rutland Gate and Ennismore Mews.

"The space is approximately 2 metres wide by 5.5 metres long, with good height. With two automated gates operated by fobs and CCTV, the garage is considered to be very secure. It also benefits from access to water."

While the added security might make the £70,000 price tag a little easier to stomach, it turns out that's not the end of the costs - as you'll also have to pay £369.46 per quarter in service charges and ground rent of £48 per annum.

That means that for one year, you'll be paying £1,525.84 on top of the £70,000 you paid just to own the space.

When the parking space previously hit the market, people online were left baffled by the price, with some saying the spot is designed for drivers who can exit their car via the sunroof.

One person said: "Can you actually get out of that car when parked? Sunroof exit only."

While another added: "How do you reverse into that space without dorking your wing mirrors? And how can you reverse without them?"

Do you have a story to sell? Get in touch with us at yourmirror@trinitymirror.com.

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