The strong investor interest in holiday parks shows no signs of stopping, with Cenarth Falls Holiday Park, in Cenarth, Wales, just being sold to Boutique Resorts for an undisclosed sum. The sale was through specialist estate agents Savills, on behalf of a private client.
The holiday park has planning permission for 89 static caravan plots and 30 mixed touring caravan pitches.
It also boasts a high-quality fitness, hospitality and entertaining space, including an indoor swimming pool, gym, bar and a function room. There’s also owner’s accommodation comprising a three-bedroom bungalow and adjoining two-bedroom cottage.
Richard Prestwich, director in the leisure and trade-related team at Savills, explained, ‘It has been a privilege to sell such a good quality holiday park, nurtured to its five-star status over a 34-year period by the former family owner.
‘The new owners are no strangers to high quality holiday businesses, being an award-winning holiday brand, and they will look to improve the quality of the business further to complement their other holiday parks.’