Brexit Bounce Continues: Caravan and Holiday Parks Market Report 2018

Published on: 3rd January 2018

Despite various negative pressures affecting the economy, all sectors of the parks industry appear to have enjoyed a strong year of trading in 2017.

Click here to view the full report.

Confidence amongst holiday and residential park operators remains high with many looking to expand and banks are again keen to lend to these cash generating freehold businesses. As a result, the market for the sale of parks remains strong, with a distinct shortage of supply in many sectors.

The majority of holiday park operators we spoke to during the latter part of the year, report strong trading results. Bearing in mind, 2016 was also considered to be a good season the results for most parks appear to be at least as good, or better, with some operators reporting provisional turnover figures up by as much as 10%.

Touring and tenting parks reported a slower start to the season, with a noticeable lack of foreign visitors in some parts of the country, possibly due to the knock-on effect of delays at the Channel crossings in 2016. However, visitor numbers appear to have picked up during the main summer months, with a very strong end to the season in September and October.

The Market Report includes a general economic background, market review, analysis of pitch values, along with inndustry news and a summary of the parks sold during 2017. 

Contact Us

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

Read More....

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Holiday Caravan Market Report 2018 New page 001

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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Caravan and holiday parks: 'A good time to sell'

We have been working in the caravan and holiday park industry for over 40 years and as market leaders in the field we really do know the market inside and out. During this time we have successfully dealt with over 1,500 park sales in England, Scotland and Wales. We deliver a range of holiday and caravan park services nationwide from our network of UK offices; including sales and valuations, planning, business rates advice and architecture and design.

Read More....

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We have been working in the caravan and holiday park industry for over 40 years and as market leaders in the field we really do know the market inside and out.

During this time we have successfully dealt with over 1,500 park sales in England, Scotland and Wales. We deliver a range of holiday and caravan park services nationwide from our network of UK offices; including sales and valuations, planning, business rates advice and architecture and design.

[fulltext] =>

Why now?

The caravan park market continues to capitalise on buoyant trading conditions with demand far outstripping the supply of parks currently available for sale.

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.

Park owners are reporting strong sales resulting record levels of profit. In turn, this is creating further demand as owners seek to expand their portfolio of parks and we continue to deal with numerous buyers seeking acquisitions both large and small.

We are here to help

We understand that you have worked hard to make your business a success. When you are thinking of making improvements you want to make sure that they add true value to your park. We also understand that when the time comes to consider a sale, you want to achieve the very best price.

This is why we want to work with you. We have spent over 40 years providing specialist advice to the caravan and holiday parks industry. Be it lodges, statics, tourers, park homes, chalets or holiday cottages, we are here to help.

Contact Us

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Caravan Park Deals Update

With strong market conditions and growing demand for caravan and holiday parks across the UK our specialist leisure and caravan parks division have been incredibly active over the past couple of months. In North Yorkshire we sold an impressive static holiday and residential park extending across 26.5 acres with river frontage. The park, located on the edge of the Yorkshire Dales National Park had a license for 185 static caravans, 17 residential park homes. Following a number of very competitive bids we achieved a confidential sale price well in excess of guide price.

Read More....

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With strong market conditions and growing demand for caravan and holiday parks across the UK our specialist leisure and caravan parks division have been incredibly active over the past couple of months.

In North Yorkshire we sold an impressive static holiday and residential park extending across 26.5 acres with river frontage. The park, located on the edge of the Yorkshire Dales National Park had a license for 185 static caravans, 17 residential park homes. Following a number of very competitive bids we achieved a confidential sale price well in excess of guide price.

[fulltext] =>

We have also recently completed the sale of a very profitable caravan park set within 12 acres around a fishing lake. The park, also in North Yorkshire, comprised static and touring caravans, a substantial lakeside club and restaurant, modern shop, indoor swimming pool and a large owners bedroom with stunning views out over the lake.

On behalf of North East Lincolnshire Council we have recently completed the sale of the long leasehold interest in the Humberston Fitties, Cleethorpes to Tingdene Holiday Parks. It comprises a coastal chalet park with 320 plots with direct access to the beach and dunes.  With a guide price of £1.5M the property generated a strong level of interest resulting in a sale well in excess of the guide price.

In the South West we are continuing to see incredibly high levels of demand with the region being one of the UK’s most popular holiday and visitor destinations.

We have recently completed on a good number of sales in Devon & Cornwall in the last six months, one being the sale of a large mixed holiday park in a coastal setting with significant development potential, the park was sold confidentially with a guide price of £2,950,000. We have also sold a rural static caravan park to an existing holiday park owner, the park included an owner’s cottage and a lucrative sales businesses and was marketed with a guide price of £925,000.  A further sale in South Devon completed in September off a guide price of £2,400,000.

In Somerset, deals have included the sale of a mixed holiday park to an existing holiday park owner marketed off a guide price of £975,000. In South Wales, deals have included the sale of a holiday chalet Park to a new entry to the holiday market off a guide of £1,100,000.

On the back of a very successful year of sales, our team continues to see demand outstripping supply with a number of well-funded and active applicants seeking new opportunities.

Please contact the team on the phone numbers below for a market appraisal in complete confidence.

Southern Office – 01884 256 741

Northern Office -  01347 822 005

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

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.

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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.

[fulltext] =>

 

“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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The sunny side of Brexit: Caravan and Holiday Parks Market Report 2017

2016 provided a largely fine summer, which aided by an equally warm and dry autumn provided a successful season for caravan and holiday parks. Click here to view the full report. The Brexit outcome in June resulted in a decrease in the value of the pound, making foreign travel more expensive for UK tourists.The recent recession, coupled with the increasingly trendy ‘staycation’ concept has helped to make holidaying in the UK a more popular choice amongst UK tourists. And whilst holiday and caravan park bookings were already looking promising for 2016, some park operators have already enjoyed a surge in enquires since the vote.

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2016 provided a largely fine summer, which aided by an equally warm and dry autumn provided a successful season for caravan and holiday parks.

Click here to view the full report.

The Brexit outcome in June resulted in a decrease in the value of the pound, making foreign travel more expensive for UK tourists.The recent recession, coupled with the increasingly trendy ‘staycation’ concept has helped to make holidaying in the UK a more popular choice amongst UK tourists. And whilst holiday and caravan park bookings were already looking promising for 2016, some park operators have already enjoyed a surge in enquires since the vote.

[fulltext] =>

Trading conditions in the industry and demand for park businesses at present is more buoyant than any time since the 2008 boom. Park homeowners are reporting strong sales resulting in record levels of profits. In turn, this is creating further demand as owners seek to expand their portfolio and we are continuing to deal with numerous buyers seeking multi-million pound acquisitions.

The average value of touring pitches increased in value throughout the year and is expected to continue to do so. Static Holiday Pitch Value saw a 12% rise in the past 12 months taking it to an average of £18,000 per pitch, with highs of £30,000 at the top end. Residential pitches represent a microcosm of UK house prices with average values in South East England being approximately 25% higher than the rest of the UK.

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Growth of national holiday and caravan park team

We have recently grown our holiday and caravan park team with the appointment of Lee Southan, who joins us as a senior surveyor. 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. Commenting on current market conditions, Chris Tucker, partner in our Exeter office said, “We are predicting that these strong trading conditions will continue, which will further reinforce the high value of parks and demand for well performing businesses.

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We have recently grown our holiday and caravan park team with the appointment of Lee Southan, who joins us as a senior surveyor.

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.

Commenting on current market conditions, Chris Tucker, partner in our Exeter office said, “We are predicting that these strong trading conditions will continue, which will further reinforce the high value of parks and demand for well performing businesses.

[fulltext] =>

“We felt that to capitalise on the strong market we needed to strengthen our team and Lee’s experience and reputation will undoubtedly make him a great asset to our specialist team. We are thrilled to have him on board and helping us to deliver our market leading services to holiday and caravan parks across the country”.

Lee has over 12 years of experience dealing with commercial agency transactions across all sectors, including pubs and hotels. In 2014 he won the Estates Gazette 'Deal Maker' of the year accolade for the Devon region. 

At Sanderson Weatherall, Lee will be providing specialist valuation and agency services for holiday and caravan parks, predominantly across the south of England and South Wales. He joins a specialist team of six, who previously operated as Edwards and Partners, before Sanderson Weatherall acquired the firm in 2013.

Commenting on his appointment, Lee said, “As a child I enjoyed many family holidays in caravans and within my first few months in the job I have already inspected some of those same parks. It is a fascinating and buoyant sector with a lot of activity and I am looking forward to getting to know the movers and shakers and to putting some deals together.”

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