Car park opposite Harrods goes on the market for £250,000 – but it’s too small for a Bentley

A car park opposite Harrods can be bought for a quarter of a million pounds – but is too small for a Rolls Royce, Lamborghini or a Bentley.

The 34-square-metre car park in chic Knightsbridge, London, costs more than some four-bedroom detached houses in Hull and Blackburn.

The underground cove is set in its own gated parking area and offers remote access and 24 hour security.

A car park opposite Harrods is for sale for a whopping quarter of a million pounds – but too small for a Rolls Royce, Lamborghini or a Bentley

Sitting two levels underground at 8.2ft by 13.8ft, it is slightly shorter than the average UK parking space which is 7.8ft by 15.7ft

Sitting two levels underground at 8.2ft by 13.8ft, it is slightly shorter than the average UK parking space which is 7.8ft by 15.7ft

Aside from the huge price tag, the new owner would also have to pay the service charge of £780 per year, which works out to around £63,960 over the course of the lease.

The Basil Street car park in West London was built in the early 2000s and comes with a lift for those who own a parking space.

There is remote access at any time of the day and there is 24 hour security with guards at the entrance.

Sitting two levels below ground at 8.2ft by 13.8ft, it is slightly shorter than the average UK car park which is 7.8ft by 15.7ft.

The 34-square-metre car park in chic Knightsbridge, London, costs more than some four-bedroom detached houses in Hull and Blackburn

The 34-square-metre car park in chic Knightsbridge, London, costs more than some four-bedroom detached houses in Hull and Blackburn

The underground cove is located in a private gated parking lot and offers remote access and 24 hour security

The underground cove is located in a private gated parking lot and offers remote access and 24 hour security

It means that one of the super-rich potential buyers with a large vehicle would find it cramped.

Supercars like a £364,000 Rolls Royce Phantom are about 6.6 feet wide and over 18 feet long.

A £270,000 Lamborghini Aventador is over 15 feet long and also 6.6 feet wide.

Thankfully a £17,000 Mini Cooper is 12.63 ft long and 5.67 ft wide – the perfect fit.

An online advertisement for the space describes it as “a large parking lot” and states that the lease is about 82 years left.

If you want to buy the space, you have to live half a kilometer from the parking lot.

Estate agents Knight Frank said, ‘Basil Street is moments away from the world-class hotels, restaurants, luxury boutiques, shops, amenities and museums the area has to offer.

‘Ideally located opposite Harrods, the Basil Street car park was built in the early 2000s and benefits from both separate entrances and exits from Basil Street, private pedestrian access from Basil Street via a lift for car park owners, 24 hour remote access, as well as 24 hour security.

‘Knightsbridge tube station is within walking distance.’

Supercars like a £364,000 Rolls Royce Phantom are about 6.6 feet wide and over 18 feet long

Supercars like a £364,000 Rolls Royce Phantom are about 6.6 feet wide and over 18 feet long

A £270,000 Lamborghini Aventador is over 15 feet long and also 6.6 feet wide

A £270,000 Lamborghini Aventador is over 15 feet long and also 6.6 feet wide

Thankfully a £17,000 Mini Cooper is 12.63 ft long and 5.67 ft wide - the perfect fit.

Thankfully a £17,000 Mini Cooper is 12.63 ft long and 5.67 ft wide – the perfect fit.

Studio apartments about a mile away in Belgravia are being offered for £225,000.

The average price for a house in England is only slightly more than the price of the space of around £275,000, according to data from February this year.

In Blackburn, four bedroom detached houses are for sale for £210,000 and in Hull the same type of property can be available for £240,000.

A spokesman for the Royal Borough of Kensington and Chelsea described the cost of the space as a ‘crazy price’.

Councilor Johnny Thalassites, Lead Member for Environment, Planning and Place, said: ‘We urgently need housing and as a council with some of the most expensive land and property in the UK.

“It’s very frustrating to see a six-figure price tag in a parking lot and discouraging for people looking to climb the real estate ladder.

‘It is a major challenge for us as a municipality to build new homes.

“Despite the challenge, we are making progress, with the first of our 600 new homes – 300 social housing units – now under construction in Hewer Street and Kensal Road.”

In 2016 another space in the same building marketed by Harrods Estates – which was slightly narrower but taller than the current listing – sold for £250,000.

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