Three premium spaces in Stratford snapped up within two hours
THREE premium parking spaces in Stratford valued at £40,000 have been snapped up within two hours of going on the market.
Sheldon Bosley Knight sold the parking spaces at the rear of Evesham Place in the heart of the town and within easy reach of key visitor attractions like the River Avon, Recreation Ground and RSC theatres.
With more new houses, a growing population and more traffic on the roads, it’s not easy to find a regular parking slot which means parking is at a premium particularly in some residential areas where even if there is on street parking it’s not always available.
A spokesman from Sheldon Bosley Knight told the Herald:
“The parking spaces are now sold subject to contract. It is rare to get parking spaces such as the ones in Evesham Place for sale, particularly in the town centre.
As you can imagine, they generated a considerable amount of interest, not least as they are so close to the town centre and we tied up a sale within two hours on the day they went live.”
Selling premium parking space does occur in popular tourist attractions like Cornwall where there have been reports of the odd garage by the seaside fetching £75,000 when put up for sale.
In the case of the three parking spaces in Stratford which were snapped up so quickly the figures might actually add up.
Using the district council’s Bridgefoot Car Park as an example, a 24-hour stay there costs almost £14 and that amount applied seven days a week becomes expensive. Meanwhile, the £40,000 outlay for the Evesham Place trio could start paying back within 2.7 to almost three years.
It’s not known if the parking spaces are for private or business use.