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L O N D O N G A T W I C K
Investment Highlights
2015

Park First Investment Highlights - Gatwick 2015
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Air travel has been on a journey of its own
since the first ever scheduled passenger
flight took to the skies in January 1914.
More than a century later, this multi-billion
pound industry continues to evolve.
Up until the 1970s, the sheer expense of international air travel meant
it was only commonplace among the wealthy upper echelons of
society. Everything changed when Southwest Airlines launched in
1971 and introduced the revolutionary concept of low cost airlines to
the USA, and eventually the world. And this concept radically changed
the future course of aviation.
Ailing Irish carrier RyanAir and Greek British start-up EasyJet
observed the Southwest model to bring low cost flights to the UK and
Ireland in the late 1980s and early 1990s.Transforming the way we
travel, foreign holidays were no longer the exclusive domain of the rich
– suddenly, everyone could stretch their family budget to an annual
sunshine break.
In 2013, 228 million passengers travelled through UK airports and this
number continues to grow annually.The UK boasts around 36 million
drivers1
with 73% of the UK population aged 17+ holding a full driving
licence in 2013 – that’s 80% of men and 66% of women.
Naturally, more and more people drive to the airport for business and
leisure trips than ever before thanks to the rise in air and road travel.
Parking is a key source of airports’ non-aeronautical revenue, since
airlines rather than airports profit predominantly from the flights.
The ACI Airport Economics Survey 2015 revealed that car parking
accounted for an average 20% of global airports’ total non-
aeronautical revenue in 2013, making up 15% of non-aeronautical
revenue in Europe.2
As we continue to fly with increasing frequency, enjoying both domestic
and international flights for business and pleasure, the demand for car
parking grows at every UK airport and as the world’s busiest single
runway airport, London Gatwick Airport is a case in point.
London Gatwick Airport has seen 39.5 million passengers in the
past 12 months and it’s on track for its first ever 40 million passenger
calendar year.
Month-on-month, the airport sees consecutive growth with an
incredible 4.53 million travellers passing through in August 2015 alone.
Airport management’s £2 billion expansion plan is now well underway
with constant evolution and expansion planned for the foreseeable
future.
All of this means that demand for affordable parking is soaring.The
airport’s 24,000 official car parking spaces are insufficient to cope
with this demand, so more and more customers use off-airport
solutions, predominantly choosing the meet and greet option for
convenience.
Car parking specialists Park First have created a rare opportunity in
the investment sector – a low cost, high yielding investment product
that’s hands-off and hassle-free.
Part of the Group First global network of property companies, Park
First offers investors the chance to purchase a long-standing space at
London Gatwick Airport from £25,000, with guaranteed yields of 8%
in years 1 and 2.
Distribution of non-aeronautical income (2013)
Source: ACI Airport Economics Survey (2015).
1
RAC Report on Motoring 2014
2
http://www.airport-world.com/features/economics/4939-big-business.html
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Purpose built long stay secure airport car parking in close
proximity to London Gatwick Airport

“Most cars are parked 90% of the time”
— International Parking Institute
Just as the concept of budget flights migrated to the UK from North
America, the idea of investing in car parking spaces originated
Stateside too.
Never before in the history of UK air travel have single car parking
spaces been available for sale to investors. Until now. As single car
parking spaces have lower minimum investment levels, this is an
investment product accessible to all.
That’s not to say car park investments are a new concept. Key players
in the global parking industry have operated investment opportunities
for decades, but have typically focused on the sale of entire car parks
or chains making entry levels high and therefore inaccessible to the
average investor.
The difference with Park First is that we have introduced single space
investment to the marketplace, evolving the potential of this lucrative
product and enabling every investor to take their own highly profitable
piece of the pie.
In fact, the entry level for individual car parking investments is generally
lower than that of traditional residential or commercial property, with
minimal involvement required from the investor and the potential for
much higher returns.
For the average low level investor, the chance to incorporate a sought-
after commercial property asset into their portfolio is a previously
unattainable opportunity they cannot afford to miss.
The demand for UK airport car parking spaces has soared in the
last decade and is set to grow further with reports from motoring
organisations predicting there will be an incredible 39 million more
vehicles on British roads alone by 2030.3
Park First has purchased London Gatwick meet and greet parking
specialists Help Me Park.Through their expert team, we operate
established car parks which have served London Gatwick Airport for
more than 15 years.This presents an exciting opportunity to invest
in commercial property and own a tangible asset, with each investor
receiving their own personal title deeds from the Land Registry.
Falling firmly under the HMRC’s definition of what is suitable for
Self-Invested Personal Pension investments, Park First car parking
investments are a solid and proven commercial property investment.
Park First’s Help Me Park Gatwick car park locations are developed
to the highest standard, with state-of-the-art security, CCTV,
monitored alarms, online booking systems, smart and professional
drivers and a money-back guarantee to service London Gatwick
Airport’s burgeoning stream of customers.
All sites have the Park Mark police stamp of approval and Help Me
Park is a member of Gatwick Airport’s Approved Parking Scheme.
The nature of car park investment means it poses minimal risk and
offers a stable and consistent income stream, even under difficult
economic conditions.
With little call for renovation or maintenance, car park investments
are considered one of the lowest maintenance products on the
market today, enabling investors to take a hands-off approach while
enjoying attractive returns.
“If you have the space in the right
location, operators chase landlords. You
essentially don’t have vacancy issues.”
— PeterVolakos, Colliers International Director, OfficeValuations.
3
http://www.yourmoney.com/investing/investing-in-car-parks-a-good-vehicle-for-income-seekers/
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Car parking spaces which have been serving London Gatwick
Airport for over 15 years have now been released for sale

Each Park First car parking space is subject
to two independent valuations by the Royal
Institute of Chartered Surveyors.
These valuations are available to view on the Park First website,
www.parkfirst.com
We opt to secure two separate valuations to assure our investment
clients of the value of the product before they buy, ensuring peace of
mind from the outset.
To ensure Park First customers enjoy a minimum 25% rise in capital
growth from day one, we offer car parking spaces for sale at a
discounted rate.
The Royal Institute of Chartered Surveyors is the industry body
responsible for professional qualifications and standards in the
development of land, real estate, construction and infrastructure.
RICS accredits 118,000 professional chartered surveyors to carry out
valuation and management services across the UK.
With an esteemed reputation in the industry, RICS-registered
professionals offer a quality, ethical service which gives our Park First
investors complete reassurance of the value of their investment.
Park First commissions professional valuers with a deep
understanding of the profits method of valuation and trading potential
to carry out valuations on your car parking space.
Their specialist experience enables them to establish market value
for a capital valuation or market rental value, taking into consideration
aspects like the development potential of the site in question.
Our valuers understand the commercial property market and the
investment industry, endeavouring to always take into account a
comprehensive spectrum of variables when formulating an official
valuation for your space.
By securing two such independent valuations, you are safe in the
knowledge the value you are given is accurate and informed, enabling
you to enjoy a discounted rate for your car parking space to benefit
from capital growth with immediate effect.
Please visit our website, www.parkfirst.com to see current valuations
with a realisable minimum 25% increase in value above the investor
price paid, which confirms capital growth on each individual
investment from the very beginning of your Park First investment
journey.
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Investors receive a minimum 25% rise
in capital value from day one

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From day one of your investment, your car
parking space will be subject to a two-
year leaseback contract which guarantees
rental income for those two years at 8%
net per annum.
This contract enables Park First’s management company to rent the
parking space back from you to rent out to end users, taking the
day-to-day management of the product away from you to make it truly
hands-off and hassle-free.
Our experienced and professional management company, which is
separate to the investment company, will take care of your car parking
space and maximise its potential occupancy at all times throughout
your ownership.
The two companies operate as separate entities to ensure you
have total peace of mind that whatever happens, our management
company will be there to look after you and your investment.
They provide premium customer service, state-of-the-art security,
sophisticated booking and payment systems as well as long-term
marketing campaigns to remain ahead of the competition.
Management agreement
Your guaranteed 8% rental income for years one and two of
ownership of your Park First London Gatwick car parking space can
be paid quarterly or annually – that’s completely up to you.
After the two-year lease expires, your parking space automatically
enters into an ongoing management agreement with Park First.This
means Park First will always manage that space for the lifetime of the
investment as long as the investor wishes for us to do so.
Investors are free to break the agreement should they wish – they
may choose to manage the space themselves easily, or appoint
another agency to do so on their behalf. Park First cannot break the
agreement.
This mechanism is designed to offer investors security and ﬂexibility.

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Park First will re-sell your parking space,
at your request, at any time during your
ownership subject to a 5% resale fee. We
will market the parking space at a minimum
25% above the initial purchase price to
potential buyers to ensure we obtain the
best possible price for your investment.
Airport car parking spaces in such a premium location are in seriously
short supply.
We anticipate there will be huge demand for your parking space if you
choose to sell it at any point in your ownership.
The potential buyer pool will include other investors, owner-occupiers
who frequently ﬂy in and out of the airport, airport staff, pilots and
airline employees or even corporate companies who wish to utilise the
space for their employees.
With London Gatwick Airport only set to grow bigger and bigger
over the next few decades as passenger numbers soar, investment
continues and airlines add more and more services and destinations,
Resale strategy with a 25% projected proﬁt
on initial investment
parking spaces like those under Park First management will always
be in a prime position to attract a high level of interest from both
investors and airport customers.
At Park First, we strive for total customer satisfaction. We understand
that there may come a time in your ownership when circumstances
change and you may feel that your Park First car parking space is no
longer the right investment for you.
Should that happen, our team is on hand to discuss your situation
and come to a solution that works for you.
For more information about the Park First resale strategy, please
speak to a member of the team using the contact details at the end
of this brochure.

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On the fifth anniversary of Park First car
parking space ownership, you will be given
the opportunity to request that we buy back
the space from you.
Subject to terms and conditions, Park First will purchase the space
back from you for the original price paid.This has been set up as a
safety mechanism designed for extenuating circumstances including
death, incapacity or financial difficulty.
Park First is committed to working with you to ensure you enjoy the
best possible experience of investing with us.The Park First developer
buy-back programme is great news for investors as it affords you with
complete peace of mind that you will be able to sell your car parking
space at a fixed, agreed amount to an assured buyer, subject to terms
and conditions, should your circumstances change in five years’ time.
Buy-back option agreements are common in the buy-to-let property
market.They are simply an agreement between purchaser and vendor
that certain events could lead to the developer buying back the
property.
Full details of Park First’s buy-back option will be detailed in the
contract you receive upon purchasing your car parking space.
Developer buy-back option within year 5
of property ownership

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A Self-Invested Personal Pension
(commonly referred to as a “SIPP”) is
the term for a personal pension scheme
approved by the UK government, enabling
individuals to have control over their own
investment decisions by choosing from
the full range of options approved by HM
Revenue and Customs.
First introduced in 1989 by then Chancellor Nigel Lawson in his
Budget speech, SIPPs were created to “make it easier for people in
personal pension schemes to manage their own investments.”
The growth of the internet saw SIPPs grow in popularity from 2000
onwards, while the Finance Act 2004 saw simplifications to the tax
rules surrounding SIPPs, which made them more attractive and
accessible to investors.
Following these changes, tax practitioner and lecturer Dean Wootten
wrote inTaxation journal in August 2005:
“In my opinion, SIPPs are an extremely attractive proposition post-5
April 2006 [when the changes came into operation].
“Purchasing UK buy-to-let properties via a SIPP would seem to be the
most sensible option.These are very straightforward to hold in a SIPP
and the full effect of the tax-free environment is enjoyed.”
Through a SIPP, investors manage their own pension plans, making
informed choices about which assets they buy, lease or sell, having
control over when assets are purchased or sold, subject to the
agreement of SIPP trustees or providers.
As a type of buy-to-let commercial property investment, car parking
spaces fall into the category of HM Revenue and Customs approved
assets which are subject to tax breaks. Parking spaces are an
immovable commercial property containing no element of residence.
We are proud that airport car parking spaces are a HM Revenue and
Customs-approved commercial property product for investors to
incorporate into their Self-Invested Personal Pension.
Self-invested personal pension approved
commercial property investment
Airport car parking is a solid commercial property investment which
has been proven to secure higher yields for investors than other
types of commercial property.This is fantastic news for investors, as
it means investing in single or multiple car park spaces through Park
First is an intelligent way for investors to manage their own SIPP and
maximise its true potential.
The Group First network of companies has been the market leader
at selling investment products into pensions all over the world for the
last five years, with an ever-growing roster of satisfied customers.
It’s estimated that more than £25 million worth of UK parking
spaces were acquired by SIPPs during 2014, administered by
several different SIPP providers – so you can rest assured you are
in excellent company when you choose this proven investment
opportunity.

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The past decade has seen phenomenal
growth in air travel as it has steadily become
quicker, cheaper and more convenient to
passengers.
• Britain has seen an almost fourfold increase in air travel in the
last 30 years 4
• In 1945, it took 130 weeks for a person earning the average
Australian wage to earn enough for the lowest Sydney to London
return airfare. In 2009, it took just 1.7 weeks 5
• More than 200 million passengers travel through UK airports
every year 6
• Demand for flights in the UK is predicted to double by 2050 7
• Demand for business flights is set to grow by 80% by 2030 8
• UK residents made 60.1 million visits abroad in 2014 – the
highest since the post-recession decline 9
• The number of visits to the UK from overseas residents rose
by 5.2% to 34.4 million in 2014 – the fourth consecutive year of
growth and a record high 10
• London received 262 million day visits in 2013 11
• A record 17.4 million overnight visits to London were made by
overseas residents in 2014, an increase of 0.6 million (3.5%) from
2013, and £11.8 billion was spent on these visits. 12
With combined guaranteed returns of 16% for the first two years of
your investment and a 25% rise in value, investors are off to a fantastic
start with a 41% initial return.
Established market with guaranteed returns
and projected increases in rental income
At the same time, we are offering end users a competitively priced,
market leading product which is safe and secure.
Park First car parking investment is a proven, rock solid commercial
property product designed to benefit all.
Visits to and from the UK 1994 - 2014
:
Total London visits and expenditure 2008 - 2013
4 www.letbritainfly.com
5 AirTransport Action Group
9 http://www.ons.gov.uk/ons/dcp171776_403337.pdf
11 http://cdn.londonandpartners.com/l-and-p/assets/partners/partner_
area/research-and-insight/london-tourism-review-201314.pdf

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Airport parking in the UK is officially the most
expensive in the world.13
A survey conducted in early 2015 revealed that seven of the ten most
expensive airport car parks in the world are located in Britain, with just
a week’s parking at London City Airport costing up to £315 – more
than the cost of some holidays – at its official sites.
This was compared to a modest £57 a week at Japan’sTokyo Airport.14
So there’s no question the market is extremely lucrative. But how does
it measure up to other types of car parking investment?
“A number of factors have come together
to create an almost perfect storm which
prohibits access to traditional urban
centres for car users.”
– Ojay McDonald, Re-Think! Parking on the High Street
– Guidance on Parking Provision inTown and City Centres.15
Urban centres have plummeted in popularity as large scale out-of-
town developments, retail parks and supermarkets promise free
parking all day, every day and offer everything under one roof or in one
handy location.
The past decade has also seen the boom in e-commerce enable us
to fulfil our many and varied shopping needs online, from the comfort
of the sofa.
Between 2000 and 2014, UK high streets suffered a fall in their share
of customer spending from 50% in 2000 to an estimated 40.2% - and
there’s no argument that car parking costs and inconvenience played
a significant role in this decline.16
Airports are creating the fastest growing demand for
parking throughout the United Kingdom
Most towns were created before the existence of cars, so they are
simply not designed to comfortably cater for the number of vehicles
regularly frequenting their centres.
Town centres’ density and high concentration of land use, along with
the issue of multiple land owners, make them difficult and expensive
to adapt.17
In short, there are numerous social and economic reasons why
shopping in town and city centres has seen a drastic decline over
the past decade, so the future of city centre parking investment is
questionable.
In contrast, airport car parking has seen incredible growth in the past
10 years and the burgeoning demand for quality spaces shows no
sign of slowing down.
Airport car parking is the only type of buy-to-let commercial property
parking product which is paid-for, where demand continues to soar
and prices adapt to stay competitive.
More and more investors are enjoying attractive returns from this
hands-off, low maintenance investment which is future proofed for
many fruitful years to come.
13 1 Daily Mail, March 2015 – http://www.dailymail.co.uk/travel/travel_news/article-2981139/Seven-10-expensive-airport-car-parks-worldBritain-priciest-London-City-315-WEEK.html
14 As above
15 Re-Think! Parking on the High Street: Guidance on Parking Provision inTown and City Centres, Ojay McDonald, 2013
16 http://www.retailresearch.org/retail2018.php
17 New Economy Car Parking InTown Centres Report, 18th June 2014; Re-Think! Parking on the High Street: Guidance on Parking Provision inTown and City Centres, Ojay McDonald, 2013

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London Gatwick Airport is the world’s busiest
and most efficient single runway airport,
welcoming an incredible 40 million passengers
through its doors in 2015.18
London Gatwick serves an ever-growing 200 global destinations –
more than any other UK airport – in 90 different countries.19
Just 28 miles south of London, Gatwick Airport contributes £2 billion
to its regional economy every year, employing a 21,000-strong team.20
Overall growth for UK airports is predicted to slow down to a steady
increase of 1% - 3% a year up to 2050 (compared to historical
growth rates of 5% a year over the last 40 years) as the market
matures, the economy continues to recover from the recession and
the long-term decline in average fares comes to an end.21
This still presents considerable growth over the period, representing
a constantly evolving market promising exciting opportunities to
today’s smart investor.The average number of international air trips
taken by each resident in the UK increased by 5% a year between
1988 and 2008, from just under 0.4 international trips in 1988 to just
under 1 trip a year in 2008.22
The Department forTransport (DfT) predicts that passenger numbers
at UK airports will increase from 219 million passengers in 2011 to
315 million in 2030 and 445 million by 2050.This is an increase of 225
million passengers over the next 40 years compared to an increase of
185 million since 1970.23
The DfT’s 2013 Aviation Forecasts believed that changes to
technology would not affect the number of business travellers over
the forthcoming decades – developments like the widespread
availability of video-conferencing, for example, is not expected to
impact on air traffic.24
Airport parking is set to become the highest yielding and
show the fastest capital growth of any buy-to-let property
Predictions for Gatwick’s future are already outdated thanks to its
unprecedented growth – in the Gatwick Master Plan 2012, it was
estimated that the airport would see 40 million passengers by
2021/2022 but this is already set to be surpassed by millions over
forthcoming years.
Naturally, this is set to have a positive knock-on effect on the car
parking investment market.The numbers speak for themselves
– air travel is booming and investing in this flourishing sector is a
financially savvy move for investors looking to make their portfolio
perform above and beyond expectations.
18 http://www.gatwickairport.com/business-community/about-gatwick/at-a-glance/facts-stats/
19 As above
20 As above
21 Page 1, https://www.gov.uk/government/uploads/system/uploads/attachment_data/
file/223839/aviation-forecasts.pdf
file/223839/aviation-forecasts.pdf - Estimates of the exact number of international air trips
per person vary between sources.These are “backcast” numbers for consistency with the
forecast to 1988 using the growth rates from the International Passenger Survey completed
by the Office of National Statistics

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An incredible £70.7bn was invested in UK
commercial real estate in 2014, a 32%
increase on the £53.6bn invested in 2013
and the highest annual volume since
records began.
Investment in central London’s commercial property market reached
£20.5 billion in 2014, according to a report by Cushman and Wakefield.
The report predicts the volume of investment into the capital will soon
lead to demand outstripping supply.25
Cushman and Wakefield reports that 78% of investors into UK
commercial property are based overseas, with Asia, North America
and the Middle East seeing the most investment into London. 26
UK airport car parking investments from Park First have proven to be
overwhelmingly popular with investors across the globe, with the first
release of spaces at London Gatwick selling out in less than two days.
“The international appeal of London
continues with an ever increasing spread
of new global investors entering the
market and there are no signs of an
imminent slowdown.”
- James Crawford, Cushman & Wakefield’s head of City of
London investment.
Investing in London
25 http://www.propertywire.com/news/europe/london-commercial-property-investment-2015012110060.html
26 http://www.propertywire.com/news/europe/london-commercial-property-investment-2015012110060.html

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L O N D O N G A T W I C K
Contact
Park First Limited
Group First House
Mead Way
Padiham, Lancashire
BB12 7NG
United Kingdom
Telephone
T: +44 (0)1282 330 330
F: +44(0)1282 412 680
Email
info@parkﬁrst.com

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