Unique Businesses presents these Car Parking Spaces around Glasgow Airport investments for sale.

A truly unique investment opportunity these Car Parking Spaces around Glasgow Airport are being sold below market value at £25,000 each.

The spaces are being sold at £25,000 each, this is BMV (below market value) as each space has be independently valued at £30,250 on a RICs report.

The developers are spending in excess of £2.4 million to bring the car park up to 21st century with state-of-the-art CCTV, ANPR (automatic number plate recognition) systems and around the clock security.

The investors become a shareholder and director within the car park company, they then receive a share of the profits generated.

The yields for the first two years is guaranteed at 11% paid up front, first payment due when you complete and the second 365 days later. The funds for these payments are ring fenced in a separate company who will ‘lease back’ the spaces from the investors.

Investors choose which company will oversee the day to day running of the car park through a shareholder vote, (we’ll find three or four of the leading companies for you to choose from) making this a ‘hands off’ investment.

The space(s) are owned by the investor on a 175 year lease hold agreement, which puts them in complete control.

After 10 years we offer a ‘Buy Back’ option at 125% of your initial investment.

Once the car park if fully operational and your choice of management company is in place it will start to generate revenue, this is where the projected returns will start to pay your yield please see tables below.

Estimated year 4 projected yields.

Number of spaces

 

Investment cost

20% BMV

Rental income

Average £11.94 per day

80% occupancy

Total Deductions*

 

Projected yield

11% projected

Addition

Dividend**

1 £25000 £3484 £500 £2750 £234
2 £50000 £6968 £1000 £5500 £468
4 £100000 £13936 £2000 £11000 £936
6 £150000 £20904 £3000 £16500 £1404
8 £200000 £27872 £4000 £22000 £1872
10 £250000 £34840 £5000 £27500 £2340
20 £500000 £69680 £10000 £55000 £4680

*this includes all site charges, management charges and ground rent  ** payable to investors as a 2nd pay out.

The figures are based on average daily takings (2016) with an 80% occupancy so numbers are very achievable, the next table shown below contains the anticipated growth in takings in years 5 and 6.

Estimated years 5 & 6 projected yield.

Number of spaces

 

Investment cost

20% BMV

Rental income

Average £13.12 per day

80% occupancy

Total Deductions*

 

Projected yield

12% projected

Addition

Dividend**

1 £25000 £3832 £550 £3000 £282
2 £50000 £7664 £1100 £6000 £564
4 £100000 £15328 £2200 £12000 £1128
6 £150000 £22992 £3300 £18000 £1696
8 £200000 £30656 £4400 £24000 £2256
10 £250000 £38320 £5500 £30000 £2820
20 £500000 £76640 £11000 £60000 £5640

 *this includes all site charges, management charges and ground rent   ** payable to investors as a 2nd pay out.

With Glasgow airport being one of the busiest airport in Scotland (the 14th biggest economy in the world), with almost 8 million passengers last year, this is a great time to invest in this opportunity. With projected of this growing three fold in the next decade at the Airport with a £300 million Masterplan due to be completed by 2025 there will be a need for 28000 new car parking spaces by 2026. Please note the map is displaying a representation of Glasgow Airport. Not the locations of the car parking spaces.

Are you looking Car Parking Spaces around Glasgow Airport investments. Contact Unique Businesses For Sale below, for more information.

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