Property for sale in Liverpool Road Crosby Liverpool L23

Sale Price: £20,000

Liverpool Road Crosby Liverpool, L23 5TD

Property
-- Bed(s)
-- Bath(s)
Available

 81 Liverpool Road, Liverpool
*When you call don't forget to mention Overstreet.co.uk

Request Detail

I am interested in other properties in this area:
 Schedule a Viewing Meeting with the Agent for this Property.

Street Address

Liverpool Road Crosby Liverpool, L23 5TD

Property description

Hsi Properties would like to introduce a new commercial property opportunity designed for today's astute investor that is low risk and highly profitable.
The proposition is for an investor to purchase an individual long stay airport parking space that is leased back and managed on your behalf by a well established airport parking company with over 20 years experience

Airport car parking provides higher yields than other traditional 'buy-to-let' investments. The scale of popularity and the rise of interest in car park investments are exemplified by the global market size, which is estimated by Colliers to be worth $12.6 billion.

Over £200 million has been invested over the last 10 years helping make the airport the 2nd busiest in Scotland. Passenger numbers are projected to rise above 16 million in 2040. These figures are derived from econometric models produced by BAA, which are similar to independent forecasts prepared by the Department for Transport

Single or multiple parking spaces are available to purchase, which provide a guaranteed rental return within the first two years of 8% per annum. Each parking space carries a single title deed, which is registered in your own name or that of your company at the Land Registry.

Glasgow Airport is expanding, along with all other main city airports. It offers strong long-term growth due to the massive expansion of global air travel. Glasgow Airport long stay parking is an excellent commercial property investment and a fantastic way to diversify your investment portfolio

Glasgow Airport is owned and operated by Heathrow Airport Holdings which was formerly know as BAA, they also own three other UK Airports. With over 21,000 people using Glasgow Airport each day the airport parking is in very high demand.

As a Park First investor you will receive a 25% rise in capital growth from day one on the asset value. Current RIC's (Royal Institute of Chartered Surveyors) valuations are available to download from our investor website: parkfirst.com, these current valuations show a realisable 25% increase in value over and above the investor purchase price paid.

A 6-year leaseback of the car parking space(s) will be in place upon completion. This guarantees rental income for the first two years at 8% net per annum. Projected returns rise to 10% in years 3&4 and then to over 12% in years 5&6.

By agreement, the investor and Park First can call for the lease to be ended on the second and fourth anniversaries should they wish to do so, eg. For re-sale purposes.

At the investor's request, Park First will re-sell their parking space at anytime (subject to a 5% resale fee). Park First will market the parking space at a minimum 25% above the initial purchase price to potential owner-occupiers, business users and other investors.


Property Features :

  • 7.4 Million Number of passengers that travelled through Glasgow Airport in 2013
  • 10 Million + Forecasted passengers by 2020 (BAA), with numbers set to increase to over 16 million i
  • 4,500 Airport long stay parking spaces released for sale by Park First (2014)
  • 20,000 Over 20,000 passengers fly from Glasgow Airport every day
  • 2,700 The number of long stay parking spaces at Glasgow Airport (2011)
 Get personalised property listings that meet your exact requirements.