Wrothams Windsor invests in UK airport parking

The inclusion of commercial investments allows Wrothams Windsor’s clients to achieve the best returns through broadening their portfolios, Managing Director, Richard Vedelago stated.Wrothams Windsor’s latest commercial opportunity enables clients to invest in a UK airport long term parking real estate product.The Managing Director said current opportunity is at Glasgow International Airport, which in July 2014, […]

The inclusion of commercial investments allows Wrothams Windsor’s clients to achieve the best returns through broadening their portfolios, Managing Director, Richard Vedelago stated.
Wrothams Windsor’s latest commercial opportunity enables clients to invest in a UK airport long term parking real estate product.
The Managing Director said current opportunity is at Glasgow International Airport, which in July 2014, had its busiest July ever in terms of car park revenue with this current investment averaging a 96 percent occupancy rate.
This trend he said is set to continue with passenger numbers forecast to soar from 7.1 million in 2014 to 24 million by 2030.
This product is a long-term, asset-backed, income-generating commercial property.
The spaces at Glasgow Airport are currently selling for £20,000, whilst the official market valuation is £25,000 giving investors immediate upside on their investments.
As with all UK property purchases the investor receives a Title Deed registered at the Land Registry.
Vedelago said “The revenue from the parking space generates the yield – it’s that simple, supply and demand.
“In years one and two, the net yield is guaranteed at 8 percent PA which is paid annually in advance.
“It’s then expected to rise to 10 percent in years three and four and surpass 12 percent in years five and six.
“In year five, investors have the opportunity to enter a buy-back scheme at the original price paid making this a very secure investment for clients.”
WrothamsWindsor is the leading Anglo-Nigerian property investment consultancy in West Africa with offices in Abuja, Lagos, London and new offices earmarked for Port Harcourt and Accra in 2015.
Predominantly focused on providing international high yielding property investment for its clients, their core business is twofold: To provide a full turn key investment service for private clients and funds looking to invest in the world’s most profitable real estate sectors, and to manage international sales and marketing in top tier international developments, asset management and private property portfolios.