Beacon Fell View holiday park sells for £11m

Holiday Park sale
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Hagans Leisure UK Ltd has confirmed the sale of its 35- acre Lancashire holiday park Beacon Fell View to Hill Brothers Residential and Leisure Parks in a deal worth £11m.

 

Sold off-market by Colliers estate agency, the site includes 419 lodges overlooking the Ribble Valley, an indoor swimming pool, bar, arcade, gym, and live entertainment venue.

“This is one of the biggest individual park sales in the UK this year,” said senior surveyor at Colliers Robert Smithson. “The fact that it was achieved off-market to a cash buyer underlines the strength of the holiday parks sector, which was performing well before the pandemic and has since continued to flourish.”

“Beacon Fell View also offers further opportunities for business growth, as there is planning consent for further lodge pitches and the majority of the site licences will expire next year.”

The park will become the Hill Brothers’ 15th UK site, and join the firm’s existing Lancashire parks Broadfields, Riverside, Glasson Marina, Shaw Hall and Forest of Pendle.

“I would like to thank Hagans Leisure,” said director Tom Hill. “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.”


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