Location: Derry-Londonderry, Northern Ireland
Investment term: 24-month term
Forecast returns: Income Generator 1% per month, 12% on completion
Investment status: Fully subscribed
The shops and parking are both trading and providing a good income stream. A feasibility study is currently underway for a new scheme which we hope will be agreed upon in the first quarter of next year.
In addition, the car park will have increased in revenue when the Holiday Inn Express opens across the road at the beginning of next year.
“Quayside shopping centre and carpark not only complement our business plan, but the approved scheme will provide the local community with better amenities.” – Colin Sandy, Director of Propiteer