One of the area's best-known car parks has gone on the market for the first time in more than 50 years and is expected to sell for up to £3 million. Crumplehorn car park on the edge of Polperro is the only one of any size serving the popular tourist resort and provides space for 544 cars, 20 coaches and 10 motorcycles as well as catering for local residents with 25 lock-up garages, 21 reserved parking spaces and a further nine which are let to holiday cottage operators. Estate agent Drew Pearce of Exeter is seeking formal tenders for the unique facility on behalf of the late owner's widow. The sale also includes a three-bedroom house, and a tenanted lock-up shop. Earn John Daborn of Drew Pearce told the Cornish Times this week that a guide price had not been set but added that there had already been 'substantial' interest with more than 200 information packs and tender documents sent out to prospective buyers. Bids must be with the vendor's solicitors by November 30. He said the new owner of Crumplehorn car park could expect to earn around £290,000 a year from pay and display charges. The business also benefits from rents for the shop and garages and from the operators of the horse-bus service linking the car park to the village. A clause is to be included in any sale contract which will enable the vendor to benefit further from a clawback provision in the event of the purchaser obtaining planning consent for further development in the future. The business's turnover has prompted speculation that the car park could eventually sell for up to £3m but Mr Daborn said he was not prepared to attempt to put a figure on what it might achieve. Cars are prohibited from entering Polperro's narrow streets from the end of April to the end of September and parking is at a premium The 4.36 acre Crumplehorn site was developed by Jim Beddoes, who bought what was then a meadow used as an overspill car park, in about 1956. At the request of the local council, which was concerned about the number of coaches trying to enter the village, he made provision for them and then began to extend the car park. Mr Beddoes, a brass founder by trade, had arrived in Polperro virtually penniless in the late 1940s and, living in an old gypsy caravan and renting the old forge, he began making souvenirs for visitors. Parish councillor Murray Collings recalled that the business expanded and he was eventually able to buy the forge and take on employees.