Member Article

Yorkshire's GVA Hotels and Leisure sells Scottish holiday park for £1.25 million

Yorkshire-based GVA Hotels and Leisure has sold a popular holiday park in Scotland off a guide price of £1.25 million.

The Three Lochs Holiday Park in Dumfries and Galloway has been acquired by an experienced park operator.

The park was offered by GVA Hotels and Leisure on behalf of the Cumbrian-based Holker Group which own a number of other holiday parks and a wide range of commercial investments across the north of England.

Three Lochs is an established ‘forest retreat’ style holiday park, in the south west of Scotland, 12 miles from Newton Stewart, and set amongst heavily wooded and secluded countryside.

Peter Smith, director at GVA Hotels and Leisure in Leeds, said: “The sale of Three Lochs Holiday Park by GVA Hotels and Leisure is encouraging for the leisure market away from the South East of England.

“We were very satisfied with the level of interest shown in Three Lochs and the competitive nature of the bidding that followed the open marketing of the park at a guide price of £1.25m.

“The sale is yet another example of a return of confidence in the underlying value and attractiveness of caravan park businesses in the north.”

This was posted in Bdaily's Members' News section by Clare Burnett .