Lyons Holiday Parks (United Kingdom) has completed the acquisition of Sunnysands Caravan Parks Limited, which has five parks in Noth Wales.
These parks include Parc Caerelwan, Moelfre View Caravan Park, Tyddyn Goronwy, and Sunnysands Caravan Park, which are all located in the popular coastal location of Talybont near Barmouth, according to a report.
It also includes the company’s only inland holiday park, Snowdon View Caravan Park. The entire estate extends at approximately 83.88 acres and over 1,200 pitches combined.
Lyons already owned a total of 14 holiday parks in North Wales and Cumbria and is the largest independent holiday park operator in Wales. The sale price was undisclosed.
“We have worked with the owners of Sunnysands Caravan Parks Limited for over 50 years and are delighted to complete the sale of these prime located holiday parks to one of the largest holiday park operators in the UK. Holiday Parks continue to draw significant investor interest, particularly for assets located in prime tourist destinations,” said Richard Prestwich, director in the Leisure and Trade Related team at Savills, who advised Sunnysands.
The vendors were supported by legal advisors Slater Heelis.
This article originally appeared on North Wales Live.