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Expanding Car Parks Operator Apex Parking Doubles In Size



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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  • Feb 1, 2024
  • 3 min read


Local businesses are being promised ‘major change’ as they’re asked to take to the ballot to vote for another five years of Stratford BID.


It is hoped the bold new 18-point plan – including stepping up police patrols - will win the confidence of 382 traders to secure a fourth term for the body, from April 1st. Other pledges include introducing a calendar of new events; an evening economy strategy; training and seminars for independent businesses; extending the Park of Ride scheme; creating a new Food and Drink Guide and map as well as a new Independents Guide and Professional Services Guide for the area; relaunching the Stratford Lifestyle Magazine and relaunching the existing BID Area Employee Discount Card to an app.


The board have also committed to the continuation of the Motor Festival, Food Festival and Christmas Lights switch-on event as well as support for events delivered by other stakeholders.


It comes as the board announce they are extending the BID area to include The Maybird Shopping Park. This, they say, is ‘in response to police recommendation for a co-ordinated approach to successfully tackle crime and anti-social behaviour.’


All the changes have been made in response to feedback from local businesses as well as an independent review commissioned by the BID earlier this year. Deadline for votes is 5pm on February 22nd and The district council will be informed of the results of the ballot the following day.


Bid Chairman Rich Jones said:

“Stratford-upon-Avon has held Business Improvement District (BID) status since 2009 and I truly believe that retaining a BID is vital to the success of a thriving town centre and a well-connected business community."

"With nearby BIDs in Leamington Spa, Coventry, Worcester, Cheltenham, Gloucester and Oxford we cannot afford to lose BID status after 15 years and I would urge local businesses to Vote Yes to a new five-year term and for a BID that has a renewed outlook and a new set of initiatives to deliver."


“I would like to reassure local levy payers that Stratford-upon-Avon BID company is listening to local businesses on the future direction of the BID and we have made some major changes in recent months. This includes restructuring to ensure the BID is in line with industry best practice with a lean and efficient staffing structure. We have also restructured the Board and it is now made up of local businesses, as a business-led organisation should be."


“We are pleased to announce that we have committed to funding additional town centre police. This initiative will enable businesses to have direct contact with the Police within the town centre, using the existing BID radio system, to address issues that affect them."

“Town centres across the UK have been impacted by Brexit and the Covid pandemic and we appreciate that businesses are struggling. This is why we have taken the decision to bring the BID levy minimum threshold up to a rateable value of £15,000, in line with Small Business Rates Relief, meaning that a further 110 businesses will be exempt from paying BID levy for the next five years unless they choose to pay for voluntary BID Membership. This is not excluding smaller businesses but rather giving them the option of contributing and being involved, whilst all still benefitting."


“We recognise the importance of constructive feedback and we value support from local business owners, this is why we have allocated new places on the board for businesses to join the board in 2024 and act as additional representatives for local businesses.”


The BID board has been slimmed down from 16 to seven representatives, asking three councillors and three council officers to stand down as directors and observers, while making way for three new board positions for representatives from the retail and hospitality sector.


Rich added: “The last five years have been very tough for everyone, as the country was first coming to terms with the post-EU reality, the pandemic hit and, many argue, changed things forever. Whether you adhere to that view, Covid certainly meant long periods of commercial inactivity and far fewer people in destinations like ours that rely upon visitor activity. Today, there are signs of sustained recovery, though it is likely to be a bumpy road that lies ahead."


“We hope that businesses in Stratford-upon-Avon will vote to retain some of the current BID initiatives and support our new plans for the next 5 years. This is an exciting time for the town centre and we invite you to back the BID and Vote ‘Yes.’ ”


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