Why Car Park Investments Are Rising In Popularity In The UK And Attracting Investors From Overseas

on Aug 22, 2015
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It comes as no suprise that the overseas investors are attracted to investment opportunities in the United Kingdom. In some cases holding UK Property is seen as a must-have trophy asset.

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The UK manages to attract interest from all corners of the world with relative political and economic stabilit meansing property is seen as a safe haven for overseas investors. Such is the case with a new range of commercial property on offer from FJP Investment.

Over the last twelve months the team at FJP Investment in conjunction with Park First have sold out five car parks at Glasgow International Airport. With the final car park investment now on sale at £20,000 per parking space there is no shortage of interest. In just twelve months around 4,000 parking spaces have aready been sold with the vast majority of uptake coming from outside of the UK.

Airport parking has always been seen as a prized asset of leading multinational funds but for the first time investors are able to buy individual parking spaces and then have them rented out to users

The fascination with investing in buy-to-let parking spaces at major airports in the UK stems from the abillity to have the asset managed for you meaning the while tending to your life abroad you are left to reap the benefits from fully managed turnkey assets that are in high demand.

With six car parks already under management at Glasgow International Airport and a further two at London Gatwick Airport, the management of Glasgow yielded an average occupancy of 92% for 2014.

Further opportunities are to be released througout 2015 and well into 2016. Sites are being developed as we speak at Birmingham, Luton and Manchester airports.

Investing in UK airport paking is possible with the assistance of a commercial agent such as FJP Investment in conjunction with Park First.

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