Car Park, Glasgow, United Kingdom

Glasgow, Glasgow City, Scotland, United Kingdom

Property ID: 28290911

Summary Data

Price £25,000
Price Type
Plot Size
Building Size
Sector Commercial
Type
Tenure
Completion

Location Map

Property Description

GLASGOW CITY & AIRPORT

  • Glasgow is the largest economic powerhouse in Scotland, the world’s 14th richest country
  • Passenger numbers at Airport will grow threefold in next decade demanding 28,000 new car park spaces.
  • 10 year Airport MasterPlan investment costing £300m – new runway, terminal & rail-link.
  • Glasgow Airport delivering record breaking growth in 2016 and 2017

INVESTMENT PRODUCT

  • Existing airport car park acquired
  • Currently generating 11%+ yield
  • Planning permission granted
  • Redevelopment investment of £1m to build a state-of-the-art fully automated car park facility
  • Operating Glasgow Airport passenger shuttle service – car park to terminals
  • 1mile and 3 minutes drive to Airport. ? Full 24 hour Security System and CCTV
  • RICs valuation
  • Each car park space has HM Land Registry.

PHASE 2 NOW RELEASED