As London Gatwick airport reports its busiest ever May, investing in off-airport car parks continues to be a smart option for shrewd private investors.
Direct Airport Parking Investment, a master agent for leading UK off-airport car parking provider Park First, watched with interest as London Gatwick’s figures for May were announced. More than a quarter of a million passengers passed through this UK airport during the month. May figures take Gatwick’s moving annual total passenger numbers to 41,123,000 – a new world record for a single runway airport.
This news comes as London Gatwick launches its Pier 1, an improved facility housing an entirely new baggage system for the airport’s South Terminal together with state-of-the-art passenger gate rooms. The new facility aims to improve the passenger experience.
Park First, which owns and manages eight car parks at London Gatwick airport, is already committed to making the passenger experience as smooth and hassle free as possible. They are the name behind trusted industry brands such as Direct Parking, Help Me Park, Cophall Parking, Park Safe, Park Fast, Swift Park and Park ‘n’ Fly, operating successfully around London Gatwick, as well as Glasgow airport.
These brands all offer long stay car parking services for air passengers, with a choice of Meet & Greet or Park & Ride services. Collectively they park tens of thousands of cars every year on Park First’s Park Mark approved car parks. The latest CCTV systems offer peace of mind and exceptional customer service contributes to a stress free service that’s available around the clock.
Cheshire-based Direct Airport Parking Investment is a company specialising in the sale of car park spaces, in car parks adjacent to major UK airports. All car parking spaces sold by Direct Airport Parking Investment are purchased directly from Park First who continue to operate the car parks and provide the highest standard of management in the industry.
Investors receive the rental income from the parking space and also enjoy long term capital growth. Direct Airport Parking Investment’s private investors are based all over the world and recognise the huge advantages of this type of property investment, with assured high returns and none of the associated issues of investing in bricks and mortar.
Louise Wilson, Investment Consultant at Direct Airport Parking Investment, said:
“London Gatwick airport is hugely popular with our investors who recognise the benefits of investing in good quality, well-managed car parking spaces so close to this thriving UK airport.
“We’re proud to have achieved the status of master agent for Park First. It’s an endorsement of the high standards of customer service we provide to our investors. Of course, we encourage all our investors to experience the Park First service for themselves prior to investing. It’s important to us that they get the chance to fully appreciate how Park First aims to give its customers a superior quality service as they start and end their holidays or business trip, including at London Gatwick airport.”
Investing in off-airport car parking with Park First is accessible for many investors, with spaces available from £20,000. Purchasing car park spaces at the busiest UK airports is a low risk investment and earns them a tangible asset that can offer an ongoing income.
Investors in off-airport car parking through Direct Airport Parking Investment are assured of an 8% return in each of the first two years of their investment, rising to 10% in years three and four, and 12% in years five and six.
Yet already Direct Airport Parking Investment’s current year three investors are seeing returns in excess of predictions – as high as 10.8%. It’s a return that more traditional investments, such as shares and ISAs, struggle to match.
For information about opportunities to invest in off-airport car parking at major UK airports including London Gatwick through Direct Airport Parking Investment Limited, visit www.directparkinginvestment.co.uk or call +44 (0) 161 820 4956.
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