New record high for pitch values set by North Yorkshire park sale

Published on: 18th October 2017

Our specialist holiday and caravan park team has sold a 26.5 acre caravan park in Ingleton, North Yorkshire, at a new record high for pitch values.

Parkfoot Holiday Homes, an established holiday and caravan park, was sold confidentially after being marketed asking for offers in excess of £4million.

William Reynolds, holiday and caravan park specialist in our York office said, “This is a fantastic park, which was reflected in the exceptionally strong sale price.

“This is our highest value sale of an individual park in the past two years, and a record high for pitch values, demonstrating just how strong the market is at the moment.”

The park is currently developed with 175 static holiday caravan pitches and 16 residential park home pitches.

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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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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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Consultancy Sanderson Weatherall [secure] => 0 [page_description] => [page_rights] => [robots] => [access-view] => 1 ) [initialized:protected] => 1 [separator] => . ) ) URL: /news/20-services/1036-caravan-and-holiday-parks?layout=default&breadcrumb=noimage

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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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.

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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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