Expanding Car Parks Operator Apex Parking Doubles In Size

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Expanding car parks operator Apex Parking has doubled the size of its portfolio by acquiring 10 new properties.

The company has also rapidly grown its workforce with its headcount now standing at 44 after transferring in 21 staff from a previous operator in one day.

Apex Parking‘s newest locations are Pall Mall, Moorfields and Rumford Street in Liverpool, Chorlton Street in Manchester, The Core in Leeds, New Street, Royal Angus, Londonderry and Horsefair in Birmingham and High Street in Weston-super-Mare.

The company, which was founded in 2021, already operated 10 car parks in London, Liverpool, Manchester, Chester, Bristol, Stoke, Ipswich and Hounslow. The new acquisitions came about after National Car Parks (NCP), which was founded in 1931 and with a portfolio of 340 UK car parks, went into administration in March.

Landowner GreenPoint, a global real assets investment firm with more than $1 billion of equity under management, decided to move away from NCP and the administration process and find new operators for their 32 sites.

Working through their pan-European business management company partner Lysara, GreenPoint decided to split its portfolio between Apex Parking, which already ran three sites for them, and another operator.

Director Ben Sullivan said:

“We are particularly pleased to have been chosen as the as preferred management partner for these 10 car parks by GreenPoint."

“We believe their decision was very much influenced by the work we have done to turn around the existing three sites but also for the significant commercial support and insight we gave them post-NCP’s administration announcement."

“This expansion is another significant step in our journey and reflects the confidence our clients continue to place in our team. Strategically it has worked out very well for us, geographically complementing our existing sites and allowing us to both expand and move forward rapidly through economies of scale."

“We will be upgrading the car parks to the most modern standards, making the lighting better, changing bay markings, improving and reducing signage, increasing safety aspects and dealing with anti-social behaviour."

“The installation of new equipment, supplied by APT Skidata, is making the act of parking simpler and more pleasant – and we offer competitive prices, with discounts for subscribers and season tickets and also reward schemes."

“We would like to reassure drivers by pointing out that we will be honouring season tickets previously bought through NCP for our 10 new car parks, even though we are not obliged to do so by law and most likely will not be receiving any of those funds."

“As a responsible employer we are also dedicated to improving the facilities for our dedicated and hard-working staff. They are the face of our business, the people interacting with our customers and dealing with any issues.”

“Working with a landlord who understands our vision in terms of putting staff back into car parks is so refreshing, as is the appreciation that we need to invest to build a decent, sustainable business and it is the long-term revenues we are looking at, not making a quick buck and disappearing.”

Scott Parsons, chief executive of Lysara, said:

“Over the past few months, the team has worked at pace to transition 30 assets into a stronger operating structure, securing long-term income with Q-Park across 20 sites and retaining attractive operational upside across a further 10 sites with Apex."

“This is an important milestone for Lysara. The new arrangements strengthen the quality and resilience of the portfolio, refocus on the customer experience and preserve our flexibility to integrate new services, including EV charging, overtime.”

Apex Parking, founded in 2021, operates 20 car parks across England, including London, Liverpool, Manchester, Leeds, Chester, Bristol and Birmingham. Visit here for more details with Apex Parking.

Photo: Car park operator Apex Parking directors, from left, Iain Selbie, Guy Watson and Ben Sullivan have overseen a doubling of the size of the company with the acquisition of 10 new properties across the country

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May 29
2 min read

Updated: Jun 1

Leading law firm Clifton Ingram is delighted to announce the appointment of Sam Fellows as a Partner within its Dispute Resolution team, effective May 5th. Sam joins the firm with a well-developed specialism in leasehold enfranchisement and statutory lease extensions, bringing highly sought-after expertise to Clifton Ingram at a time when demand for specialist leasehold advice is rising across the country.

Clifton Ingram is a well-established, full-service law firm ranked in the Legal 500, with offices in Farnham, Reading and Wokingham. The firm advises businesses and private clients across Surrey, Berkshire and beyond, and has built a strong reputation for the quality and depth of its property and dispute resolution practices.

Sam’s appointment at the Farnham office comes at a significant moment for leasehold law. The Leasehold and Freehold Reform Act 2024 has introduced potentially wide-ranging changes affecting leaseholders, landlords, and managing agents, and the ongoing implementation of further reform measures continues to create complexity for property owners, leaseholders and businesses alike.

Against this backdrop, Sam’s expertise in leasehold enfranchisement, statutory lease extensions under the Leasehold Reform, Housing and Urban Development Act 1993, and rights of first refusal under the Landlord and Tenant Act 1987 represents a timely addition to the firm.

Jonathan Foulds, Managing Partner and Head of Commercial Property at Clifton Ingram, said,

“Sam’s specialist knowledge in leasehold matters is a genuinely valuable addition to the team. The legal landscape for leaseholders and landlords has grown considerably more complex in recent years, and his appointment strengthens our ability to meet the rising demand for expert advice in this area across the region.”

Alongside his leasehold specialism, Sam brings more than ten years of broader property litigation experience to the role, covering restrictive covenants, break options, boundary disputes, adverse possession, trespass, and rights of way among others. He has managed substantial litigation from initial instruction through to trial throughout his career, and has built strong internal and external referral networks and self-sufficient work pipelines at each firm he has joined.

Sam trained at Maples Teesdale LLP in the City of London before developing his litigation practice at Iliffes Booth Bennett LLP in Uxbridge, where he spent six years handling high-value County and High Court proceedings.

He has since held senior roles at Field Seymour Parkes LLP in Reading and Knights in Weybridge, where he was promoted to Senior Associate in 2023 and built and ran a caseload of residential and commercial property work.

Sam commented,

“Leasehold law is going through a period of significant change, and that is creating real complexity for property owners, leaseholders and businesses who need clear, practical advice. I am looking forward to bringing my experience in this area to Clifton Ingram and working with clients across the region to help them understand their rights and options as the legal landscape continues to evolve.”

Clifton Ingram’s property litigation team operates from offices in Farnham, Reading and Wokingham. To find out more, contact the firm here.

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Expanding Car Parks Operator Apex Parking Doubles In Size

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