Caravan park market's buoyant trading conditions enables raft of sales

Published on: 16th June 2017

The caravan park market continues to capitalise on buoyant trading conditions with our specialist caravan and holiday park teams agreeing in excess of £40M worth of sales over the past nine months.

The sales, which have been agreed on 24 parks across the UK, include all types of caravan parks, from ‘lifestyle’ touring and camping parks to large static and residential mobile home parks.

The biggest sale saw Maguires Country Parks acquire a 43-acre, 240 pitch site in Bamburgh, Northumberland with further potential. Other sales include Hook Farm Caravan and Camping Park in Dorset, offered for sale at £2.5m and Penlan Holiday Village in Carmarthenshire, marketed with a guide price of £1.1m.

Adam Burkinshaw, partner in our York office commented, “Caravan parks have always been seen as very resilient businesses capable of surviving ups and downs in the economy. The unexpected shock of Brexit appears to have had a positive effect as the fall in the value of sterling has made UK holidays even better value for money. The majority of holiday parks reported improved trading figures in 2016, with only a partial impact from the effect of Brexit, as most holidays had already been booked by the time the referendum was held.

“It is reasonable to expect these buoyant trading conditions to continue, which will further underpin the value of parks and demand for well performing businesses.

 

“We are also finding banks are keen to back these businesses, supporting both new entrants to the market and existing owners who are looking to expand. On the back of our success over the past few months there remains a pent up demand from well-funded applicants which provides a good opportunity for any park owners looking to sell to capitalise on the strong market conditions. ”

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Services for caravan and holiday parks

Edwards and Partners has now rebranded as Sanderson Weatherall. You can read more about the rebrand here. Contact Northern Office: 01347 822 005, edwards.north@sw.co.uk  Southern Office: 01884 256741, edwards.south@sw.co.uk  Parks for Sale Click here to look through our property listings. About We have been working in the caravan and holiday park industry for 40 years, providing expert advice on sales and valuations across the UK. Our expertise cover all kinds of holiday caravan parks, chalet parks, holiday cottages, leisure complexes and park home estates. This specialisation gives us the knowledge necessary for accurate valuation and practical advice. We are qualified members of the Royal Institution of Chartered Surveyors,  the Institution of Commercial and Business Agents, the National Caravan Council and regional advisers to The British Holiday Home Parks Association. We offer a range of services to both business operators and prospective purchasers, including: Sales - combined nation-wide coverage with the latest computer technology, to provide quick and efficient contact between vendor and purchaser. Valuation - providing written reports for a variety of purposes, including finance for purchase, probate, compulsory purchase and capital transfer tax. Design and Development - dealing with planning applications, design and development, pitch fee and lease reviews. Please click on the image to download our latest holiday and caravan market report. Contact Us

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Maguires Country Parks acquires luxury Northumberland site

Our specialist holiday and caravan park team has sold a 43-acre holiday park in Bamburgh, Northumberland, to Maguires Country Parks. Maguires Country Parks operate award winning sites across Northumbria, North Yorkshire and County Durham. The family run business has purchased the Northumberland site, which was formerly operating as The Kaims Bamburgh, and was marketed asking offers in excess of £5.5m. Billy Maguire, owner of Maguires Country Parks said, “The Kaims, Bamburgh site is a fantastic opportunity for our luxury holiday park brand. The site’s location and surroundings are perfectly suited to help us deliver our aim of providing beautiful, peaceful and relaxing Country Parks in first class destinations. “We have already allocated in excess of £1.25M of capital expenditure in order to develop new pitches, improve service infrastructure and to enhance the park for new and all existing caravan owners.”

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Plas Newydd Caravan Park sold with guide price of £1.295million

Our specialist holiday and caravan park team have sold an established North Wales caravan park business to expanding holiday park operator, The Hogan Group. The 15.5 acres site, located in the Dulas Valley on the popular North Wales Coast, includes 40 static caravans, a 5 bedroom farmhouse and outbuildings with scope for further development. Adam Burkinshaw, holiday and caravan park specialist said, “Plas Newydd attracted a great deal of interest being located on the North Wales Coast, which remains one of the most sought after holiday park destinations in England and Wales. Such parks are in high demand and we have several operators actively seeking new opportunities in this area”.

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