BEACON PARK SELLS FOR £11M
One of the UK’s biggest holiday park deals so far this year has seen Beacon Fell View, in Lancashire, sold off a guide price of £11 million to a cash buyer. It has been sold to Hill Brothers Residential & Leisure Parks, an expanding UK parks company that is looking to grow further, in an off- market deal negotiated by sector specialist Colliers on behalf of Hagans Leisure UK Ltd.
Tom Hill, of Hill Brothers, commented: “I would like to thank Hagans Leisure. We see it as a great opportunity to expand our portfolio in the Ribble Valley, as parks of this quality and size don’t often come to the market in the North West, and we look forward to further expansion in this sector.” The 4* holiday park is set in around 35 landscaped acres overlooking Dilworth Upper Reservoir in the picturesque Ribble Valley. It is licensed for a total of 419 caravans and has planning consent for further lodge development. Facilities include an indoor swimming pool, a bar, an amusement arcade, a gym, and an entertainment venue with food and beverage offer.