Car park valuation worked examples
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Name: High Street, Chesterton Hill
Type: MSCP
Tenure: Freehold
Operator: Chalkhouse Car Parks
Number of spaces: 500
Tariffs:
Monday-Saturday 9am-6pm: 1st hour £2, 2nd hour £3, 3rd hour £4
Sundays 10am-5pm: £2 all day
1 – Trading analysis – traditional method pre-ANPR systems
Income
2 years ago
1 year ago
Current year
FMT
Day sales
325,000
280,000
310,000
310,000
Contracts
20,000
20,000
25,000
20,000
Leased parking
15,000
15,000
15,000
15,000
Car wash
10,000
8,000
11,000
10,000
370,000
323,000
361,000
355,000
Income change %
-13%
12%
-2%
Income per space
740
646
722
710
Operational costs
2 years ago
1 year...
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