A forward thinking investment company is thinking of the future and bringing the profitability of airport parking to investors all around the world with a brand new investment opportunity at London Gatwick Airport. Developed by Park First, FJP Investment has an offer in place for investors to purchase managed parking spaces and receive payments based on airport passengers using the car parks.
Tom Roberts, Investment Manager said, “We’ve received an overwhelming amount of interest in the Park First investment at Glasgow Airport and have since secured further opportunities at other regional airports. We’re now entering the final stages of developing the Gatwick car park investment and will soon have an initial release of 500 spaces.”
The entire project consists of several stages, with the initial release for August 2015. Those car parking spaces will be available for existing clients who own property in the Glasgow Airport site. Further releases will take place at Manchester, Luton and Birmingham airports once sales have completed at London Gatwick.
Investors on the search for secure income will welcome the news that in 2014 Park First recorded average occupancy rates of 92% at its Glasgow Site. This generates significantly higher yields than conventional ‘buy to let’ investments and demonstrates a management team with a solid track record.
“Occupancy rates are very high and even higher this year which shows that there is an obvious demand for airport parking space. We’re filling this demand and paying investors excellent rates of returns on their property investments. The issue is we only have so much available and once it is gone it is gone.” said Roberts.
Generating income from a Park First car park investment is really easy. After purchasing the car parking space and subleasing it back to Park First you will then let them get on with renting the car parks out and collecting your rent. The car parks are managed by teams that know the airports well. This London Gatwick car park investment will be managed by Park First in conjunction with Help-Me-Park.
Parking spaces are priced at £25,000 each, paying an annual income of 8%. These car park investments are available to investors across the globe.