Bridge Leisure Parks (BLP) has bought two UK holiday sites with plans to further expand in the domestic travel sector.
Chief executive Andrew Howe said Sand le Mere Holiday Park in East Yorkshire and Trevella Caravan and Camping Park in Cornwall were intended as ‘seed parks for a growing portfolio of businesses within the caravan holiday park sector’.
BLP made the acquisitions with financial backing from Kings Park Capital and Yorkshire Bank.
“We have been watching for the right parks to acquire for some time and are delighted to have found both Sand le Mere and Trevella; both provide excellent development opportunities for us and will be a good base from which to grow,” added Howe.
Chairman of BLP Michael East, said: “The UK domestic holiday market has been one of the strongest performers in recent years, and this has been particularly evident in the caravan park sector.”
Sand le Mere Holiday Park is on the coast near Withernsea and has planning permission for more than 900 caravans with just 500 currently sited.
Trevella Caravan and Camping Park is a mixed camping, touring and static hire fleet park with planning for 377 pitches in total and is located between Newquay and Crantock.
By Linsey McNeill
