Q-Park has taken on 20 former NCP car park sites across the country in a “significant expansion” focused on town and city centres. The deal includes locations in Birmingham, Bristol, Manchester, Newcastle, and Cardiff, among others.
Background and Acquisition Details
NCP, which operated more than 340 car parks across the UK, fell into administration in March. Now Q-Park has taken over the running of 20 former NCP sites on long-term leases after negotiations with their landlord.
The move comes two years after Q-Park acquired Britannia Parking, which it called a “significant milestone” in its growth. Several of the newly-acquired car parks will be run under the Britannia brand.
Statements from Q-Park
In a statement, Q-Park said: “With the previous operator of these locations having entered administration, there was a genuine risk that, like a number of other facilities, these car parks could have ceased operating. This acquisition helps secure their long-term future, ensuring that convenient parking remains available for the local community while providing continued support for local businesses, visitors and the wider local economy.”
Q-Park said it also planned to carry out refurbishment work at its new sites, including improving pedestrian routes and potentially adding EV charging equipment.
Adam Bidder, managing director of Q-Park UK, said: "We are delighted to have completed this agreement, which marks a significant expansion of our portfolio of city centre parking facilities across the UK. It allows us to bring the Q-Park brand and service offering to a wider range of towns and cities, including locations where we have not previously operated. We remain committed to investing in our network and will continue to explore further acquisition opportunities as part of our long-term growth strategy."
List of Acquired Car Parks
The car parks that will operate under the Q-Park brand include:
- Birmingham – Newhall Street
- Bristol – Rupert Street and St James Barton
- Cardiff – Greyfriars and Westgate Street
- Colchester – High Street and Osborne Street
- Hemel Hempstead – Hillfield Road
- Ipswich – Tacket Street and Tower Ramparts
- Manchester – Palace and Sackville Street
- Newcastle – John Dobson Street
- Nottingham – Stoney Street
- Truro – Highcross
The car parks that will operate under the Britannia Parking brand include:
- Birmingham – City Centre
- Dundee – Willison Street
- Gloucester – Blackfriars
- Shrewsbury – Wyle Cop
- Wolverhampton – Piper’s Row
This acquisition is part of Q-Park's long-term growth strategy, and the company has indicated it will continue to explore further acquisition opportunities.
