We have created the first real marketplace for parking spaces to help motorists compare prices, just like they would for any other product or service.
By shopping around for their season parking ticket, motorists are saving an average of 20 per cent with Park Let, the UK’s largest parking space letting agent. To help motorists compare prices within a particular area or postcode, the company has just launched the UK’s first real-time interactive parking space tool at www.parklet.co.uk/parking-rental-price-guide.aspx. The tool is free to use and is based on both current contracts and over 17,000 advertised spaces across larger car park operators, county council car parks, businesses with spaces to let and individuals with idle driveways and garages.
Luke Kelly, managing director, Park Let commented: “We have created the first real marketplace for parking spaces to help motorists compare prices, just like they would for any other product or service. Most people are very comfortable with switching their car insurance provider if they can get a better deal. However, switching to a more affordable season ticket is less familiar territory yet it is not as complicated and can result in similar savings.”
Park Let also advises motorists to consider whether they need to rent their parking space for a full calendar week or just a five day working week as the latter can also save them even more money. Both are available via the company.
Park Let’s new parking space price-guide tool gives car owners three separate prices (low, medium and high) in each area or postcode, dependent on factors such as proximity to facilities or congestion zones. The company also provides details of which security measures are in place including key-pad entry, patrols, CCTV and electronic gates. Often the cheapest parking spaces are on an individual’s property where there is less security but equally less chance of the car being damaged by other motorists.
Example of search: ½ mile radius of Birmingham City Centre:
Low £85.50 per month
Medium: £95.00 per month
High: £104.50 per month
Kelly added: “The most popular searches on our site are in city centres and near railway stations but that shouldn’t put all season tickets holders off from shopping around as new parking spaces are being added all the time. We also organise rental contracts in areas where there is mainly on-road parking, near busy hospitals, schools and leisure attractions.”
Park Let has arranged over 10,000 rental contracts and has in excess of 17,000 parking spaces available to rent immediately across the UK. The company provides a fully managed letting service including matchmaking the tenant and landlord, preparing contracts and monthly rental collection. Park Let’s rental prices are up to 20 per cent cheaper than other comparable season tickets and tenants can choose between a 5 and 7 day rental week.
For further information, visit www.parklet.co.uk or call 0870 162 4977.
0207 099 0945
About Park Let:
Park Let was established in 2004 to offer an effective marketplace and management service for the letting of parking spaces and garages.
To date the company has arranged over 10,000 rental contracts and today the business has in excess of 17,000 spaces advertised to let. Landlords include residential clients with a single driveway, national car parks operators as well as owners and managing agents of apartment blocks, companies with surplus spaces and individuals or organisations with empty garages or lockups. All parking spaces and garages are promoted equally.
All parking spaces are available for tenants to use 24 hours a day except in unusual circumstances where specific condition are added to a contact.
Park Let charges landlords 15% (+ VAT) commission of the gross monthly rental fee plus a one off £25 administration fee in the first month. All contracts include a one month cancellation clause which can be invoked at any time. Remit monies are due on 5, 15 and 25 using BACS after one month from the start of each contract.
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