Berkeleyparks boost portfolio with three new parks in YorkshirePublished on: 13th May 2014
Edwards and Partners, a Specialist Division of Sanderson Weatherall LLP has completed a multi-million pound deal which has seen Berkeleyparks add significantly to their existing portfolio of 46 residential park home estates.
The acquisition of three residential mobile home parks in Yorkshire and a further park in Cumbria will provide over 600 additional pitches for the company which has specialised in park home living since 1955.
The latest acquisition will enable Berkeleyparks to offer homes on 50 parks nationwide and increases their portfolio of park home pitches to more than 6,200.
Three residential mobile home parks have been strategically purchased near Huddersfield, Leeds and Doncaster known as Hill Tree Park, Cliff Top Park and Palm Grove Court Park. These sites combined offer around an additional 270 homes and provide Berkeleyparks with an important presence in the Yorkshire area.
The acquisition of West Shore Park on Walney Island, Barrow-in-Furness in Cumbria provides Berkeleyparks with one of the largest mobile home parks in England accommodating approximately 335 homes making it larger than many villages in the area.
William Reynolds at Edwards and Partners, who specialise exclusively in the sale and valuation of caravan parks commented; “This sale demonstrates the unabated appetite for well-located parks throughout the UK. Demand from investors and occupiers is such that caravan and mobile home parks remain highly sought after. Demand is expected to strengthen further as the economic upturn takes firm hold”.
Paul Tarr of The Berkeley Leisure Group commented that: “For some time we have been looking to strengthen our presence in the north of England. The parks provide a high quality environment and enable Berkeleyparks to further enhance the variety of locations it can offer in this growing market. We are delighted to welcome approximately 1000 new residents to our Company”.
Park Home Estates offer an attractive and secure environment further bolstered by recent changes in legislation.