Savills, on behalf of private clients has completed the sale of Pentre Mawr Caravan Park, to UK Caravans Direct Limited for an undisclosed amount.
The well-located holiday park extending to approximately 5.5 acres benefits from a prime location, situated within the North Wales coastal town of Pensarn and offers over 100 pitches.
North Wales is popular with tourists due to the stunning scenery with many man-made and natural attractions, drawing visitors from the major cities and towns of the Midlands and North West England.
Richard Prestwich, Director in the Leisure and Trade Related team at Savills, says: “We have worked with the owners of Pentre Mawr Caravan Park for a number years and are delighted to complete the sale of this established holiday park to an independent local holiday park operator. Holiday parks of this scale continue to draw significant investor interest, particularly for assets located in prime tourist destinations. We wish both parties all the best for the future.”