Is building a car park a good investment?
If you own private land in the right spot in town, building a car park can be a very lucrative investment. The experts at Britannia Parking explain.
Location, location, location
How successful your car park will be will ultimately depend on its location. Areas with a strong demand will be your town or city’s central business district or anywhere that’s near a major transport hub. A busy, popular car park has the potential to be a highly lucrative business opportunity.
If you believe your land is in a prime area and you’d like to explore the possibility of building a car park, there are a couple of important things to consider.
How involved do you want to be with your new business?
If you’re looking for a business you can leave to run itself, a car park could be a good option for your unused land.
From the initial development stage, we offer a full service that lets you take a step back from the planning and project management. We will take care of everything for you, including sourcing, installing and operating all services, equipment and technology.
When your car park is up and running, you will then have the choice to keep us on to manage your car park. With our comprehensive service, you can be as involved with the operational side of your car park as much – or as little – as you’d like. We can take care of the day-to-day operations, including manned patrols and 24-hour surveillance, while still providing you with regular reports so you can keep track of how your car park is performing financially. Using our comprehensive reports, you can make informed decisions about your marketing activities and identify potential areas for growth.
Car park development and management with Britannia Parking offers a flexible and straightforward option for your unused land that has the potential to become a highly profitable business.
Is my land suitable?
We have over 25 years of experience developing and managing successful car parks of all different kinds. When you first enquire about working with us to develop your car park, we will carry out a free, no obligation site survey to assess whether your land is suitable for use as a car park. Depending on the size and location of your plot, we have a range of different solutions that we can explore with you.
Want to find out more?
If you’re interested in finding out more about Britannia Parking and how we can help you turn your unused land into a profitable business, please don’t hesitate to contact us today.