Investing in car parks: a good vehicle for income seekers?

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As the search for income continues, many investors are turning to alternatives, with car parks becoming increasingly popular.

If you could find an investment guaranteeing 8% and based on 'hard' assets would you be interested? With interest rates relentlessly hovering around zero, you probably would, but you might not immediately think of car parks as the place to look. A growing number of disillusioned savers are choosing to put 'non-traditional' investments into their Self-Invested Personal Pension (SIPPs) and car park spaces are among the more left-field examples. The rationale behind the idea is that as the number of cars increases - motor organisations say there will be 39 million more vehicles on Bri...

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