Q1. Can I lease my parking space to a car park management company?
Yes, you can lease your private car park to a professional management company in the UK to oversee, manage, and generate income from the space. These companies typically take care of signage, payment systems, and enforcement, including issuing Parking Charge Notices (PCNs).
Before proceeding, it’s important to review any existing lease agreements, agree on revenue terms, and ensure the company is properly accredited.