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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