For these reasons, parking space investment is a simpler
way for ordinary retail investors to include offshore
term growth in the demand for long stay parking
among the rising number of travellers, which already
The private parking investment sector has traditionally
been difficult to enter because properties are not
frequently traded and when they are, entry levels have
typically been high as investment involved the purchase
of entire car parks or chains of car parks. Fortunately, new
innovations in this sector have opened new opportunities
Parking space rental starts at £45 per week.
Park First’s parking is in high demand as a result
of its state-of-the-art Automatic Number Plate
Recognition (ANPR) systems, online booking
facilities, on-site vehicle valeting, meet and greet
services, as well as excellent security. This allows for
a very hands-off approach to benefit end users and
investors alike. While car parks are relatively easy
to manage and involve low maintenance, investors
have an option to take a six-year leaseback through
Park First on the parking space, which produces a
guaranteed 8% yield per annum on the investment
within the first two years after fees and charges.
commercial property in their investment portfolio.
The main focus