N Berwick: space for 37 cars in new beach car park, (plus space for 3 motorcycles and 8 bicycles). google satellite view shows 26 cars parked in same space already (rather than the 18 capacity stated), so 11 extra spaces at cost of £360,000. How long to pay that off at £2 per car per day (less running costs)?
CityCyclingEdinburgh Forum » Debate!
"Parking levy at beaches to start in May"
(34 posts)-
Posted 8 years ago #
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"google satellite view shows 26 cars parked in same space already (rather than the 18 capacity stated)"
So using that rule of thumb, if the car park regularly operates at 1.44 times capacity, then there will be 53 cars parked there? If it's full every day of the year (unlikely, but let's assume that just now), then it will generate £39,000 per annum in revenue. So just over 9 years to pay for the improvement, assuming maximum "overcapacity" is sustained every day.
Of course it may generate a lot more than that, because people may not be leaving cars there for the whole day. If we assume say two cars per bay per day on average, thus allowing a typical visitor to stay on the beach for some considerable time, then revenue will be double the estimate above and it will take 4 or 5 years to repay the capital outlay.
Posted 8 years ago # -
@crowriver that's assuming that anyone ever pays the parking charge. In East Lothian that's a very big assumption...
Posted 8 years ago # -
I'd assumed that once there are markings showing where to park and penalty charges for parking outwith bays, then it will almost always operate below or at capacity, rather than over capacity. Also that the disabled bays would be free for blue badge holders (although some car parks don't allow this).
The costs of running a car park (even without capital charges/repayment) can be more than ticket income.Posted 8 years ago #
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