Property description
An income generating asset with a 2 year guaranteed 8% yield, engineered for the individual investor.
Glasgow International Airport is one of the biggest airports in the UK with over 7.2 million passengers in 2012 and is expanding rapidly. The airport will require over 17000 parking spaces by 2020 and according to BAA only 2700 spaces existed in 2011. We are pleased to offer low entry level airport parking spaces via Park First who with their management team have over 20 years experience in operating car parks within major cities around international airports.
Investors will purchase a car park space on a 175 year leasehold agreement with a 6 year sub lease that will guarantee an 8% yield for the first 2 years, with upward projections thereafter.
Investment levels start at £20000.00 and spaces can be added or sold off at any time.
Property Features :
- £20000.00 per space
- Immediate Income & Capital Growth Potential
- Net Return 8% guaranteed for 2 years
- 24 Hour Site Management
- 24/7 CCTV