Airport Carpark Glasgow

Airport Carpark Glasgow – A brand-new, fully hands-off managed investment opportunity with assured 11% NET return on investment.

Highlights:

  • 3 years rent guarantee at 11% NET
  • The anticipated returns after year 3 are 12-13% NET
  • £25,000 per space
  • Hands-off managed investment
  • Immediate return paid upfront every year
  • 100% ownership and shown on the Registers of Scotland
  • Each parking space is discounted off the RICS valuation
  • Clear exit strategy after 5 years. 125% buyback option after 10 years.
  • Car parks operation at almost full capacity on a daily basis
  • Full 24 hour Security System and CCTV

Introduction

This opportunity offers a 3 year rent guarantee at 11% NET and a clear exit strategy either year 5 or year 10 (optional) whereby the developer will buy back. At year 10, the developer is offering 125% buyback (100% at year 5).

Across the UK, major airports are experiencing unprecedented growth in passenger numbers and with that growth comes an increased demand for high quality, trusted and secure car parking close by.

Over the UK, there is a massive increase in airport parking spaces are seeing a huge surge in popularity with UK and international investors.

 

Overview

Tarquin Jones are offering industry-busting assured yields of 11% NET per year. We're giving you the chance to receive the first two years of this yield. This is a total of £5,500, paid upfront. The spaces also have an assured third year 11% NET yield, and years four and five have a predicted 11-13% return with 100% optional buyback at year 5 and a 125% buy-back at year 10.

The car park is around 4 minutes from the terminal. The developer has invested £1.2 million with features including automatic number plate recognition, 24-hour security and state-of-the-art CCTV.

Each space is sold at the price of £25,000. The value of each car parking space is £30,000, but is being sold with a £5,000 discount. This is supported by an independent valuation report from the Royal Institute of Chartered Surveyors.

30% of the car park is currently open for business since January 2019 and to date, the average daily bookings have increased by 474% compared to January, showing an average length of 8.5 days. The car park has been equipped with world-class technology, including vehicle number plate recognition (VNPR), 24-hour security, free electric charging facility for cars and more. The technology used is world class, used at Dubai Airport.

The rational for opening 30% of the car park as a “soft launch” was to test the technology and iron out any glitches before full launch anticipated in June, when the car park will be 100% completed.

 

Why Choose this Investment Opportunity?

Glasgow airport outperformed all other UK airports and reported its busiest April in 2017 after more than 786,000 passengers travelled through its doors. The footfall represents an increase of 8.9% on the same period last year. The increase in international traffic ensured the airport was also able to record its 50th consecutive month of growth (Glasgow Live)

Furthermore the Glasgow Airport Master-plan is injecting a further £300M into the airport and this expansion includes a further run way, new terminal and a rail link. This means at least 28,000 new car parking spaces would be needed by 2026.

For further details call (0)20 8445 6542 or email info@tarquinjones.com.

 

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AdminAirport Carpark – Glasgow