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Parking for sale

Burnbrae Drive, Paisley PA3 3BU

Guide Price* £10,000

Property Description

Key features

  • Instant 20% Rental Return Rising To 24% In 2018
  • Fully Manned Car Park
  • Number Plate Recognition
  • Shuttle Bus To Airport 24 Hours A Day
  • Low Guide Price
  • Fantastic Investment Opportunity
  • 5 Minutes Drive To Glasgow Airport

Full description

Car parking space

Fantastic opportunity for an investor to purchase the remainder of the 175 year lease (signed Sept 2014) for an airport parking space (space 227) situated at development 1, Burnbrae Drive, just a five minute's drive from Glasgow Airport. The space is currently sub leased to Park First Ltd until September 2020 with a current return of £2000 per year rising to £2400 per year from September 2018. This would provide the purchaser with a 20% yield at the current rate rising to 24% from September 2018. The car park benefits from state of the art 24/7 CCTV and security systems, stylish and comfortable waiting room, automatic number plate recognition and a regular shuttle bus to ensure a premium customer experience. This is a fantastic investment opportunity and interest is sure to be high at such an attractive price.

Instant 20% rental return rising to 24% in 2018
Fully manned car park
Number plate recognition
Shuttle bus to airport 24 hours a day
Low guide price
Fantastic investment opportunity
5 minutes drive to Glasgow airport

Area
Located at Development 1, Burnbrae Drive, PA3 3BU the parking spaces are within a 5 minutes drive from Glasgow International airport. With over 20,000 people using the airport each day parking is in high demand.



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PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

× No tests have been made of services, equipment or fittings.
× No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
× All measurements, distances and acres are approximate.
× Fixtures, fittings and other items are not included unless specified in these details.

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Auction House Scotland is revolutionising the sale of property in Scotland. Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee, to a maximum of £2000 including VAT.  More details can be obtained on application.

Listing History

Added on Rightmove:
03 November 2016

Nearest stations

  • Johnstone (0.9 mi)
  • Paisley St. James (1.8 mi)
  • Milliken Park (2.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Auction House Scotland, Glasgow

18 Woodside Place Glasgow G3 7QL

0141 392 0069 Local call rate

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Map & Street View

Nearest stations

  • Johnstone (0.9 mi)
  • Paisley St. James (1.8 mi)
  • Milliken Park (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Auction House Scotland, Glasgow

18 Woodside Place Glasgow G3 7QL

0141 392 0069 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference GLA0002272. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Scotland, Glasgow . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Scotland, Glasgow on 0141 339 4466.


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