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Darwin Holiday Parks

12 holidays found. Click the names for more information.


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Darwin Holiday Parks

Darwin Leisure Property Fund expands its presence in the Lake District with acquisition of Thanet Well Country Park - it’s 18th Park

The Darwin Leisure Property Fund, the only investment fund in the UK investing in the lucrative £6 billion UK holiday park industry, has added Thanet Well Country Park near Penrith, Cumbria to its portfolio of holiday parks.  The park was purchased for an undisclosed sum.

Thanet Well Country Park is set in the Lake District, just west of the historic market town of Penrith, and offers 55 lodge pitches as well as 8 static caravan pitches.

Anthony Esse, Chief Executive of Darwin Property Investment Management Limited, which is the investment adviser to the Fund, said of the acquisition: “We are delighted to have added Thanet Well to the Fund’s portfolio.  The Lake District is one of the UK’s best-known holiday destinations and this is a superb park set in these spectacular surroundings. This is the second park that the Fund has acquired in the Lake District, following our purchase of North Lakes earlier this year, and is an important step in building a presence in this market.”

The £322m* Darwin Leisure Property Fund owns 18 holiday parks, including Thanet Well, which are all operated by Darwin Holiday and Leisure Parks.  The purchase of Thanet Well is the third acquisition made by the Fund in 2014 and the team at Darwin continues to look for new acquisition opportunities.  Roger Vail, Property Adviser to the Fund, commented: “This is an exciting time as we look for new parks to acquire.  The Fund’s size means that acquisitions are likely to be of a similar size or larger than Thanet Well, but geographically we are considering all parts of the UK.  I would encourage anyone with a park that they think may be suitable to contact me”.  Darwin hopes to add a further five or six parks to its portfolio by the end of 2015.

 * as at 31 August 2014

 

 

June 29th 2014

NORTH LAKES CARAVAN PARK NOW SOLD

North Lakes Caravan Park, Bewaldeth, near Bassenthwaite, Cumbria

01 April 2014

Darwin Leisure Property Fund adds Yew Tree Park to portfolio

•    3.5 acre park set in the Kent Downs Area of Outstanding Natural Beauty becomes the 16th park in the Fund’s portfolio

The Darwin Leisure Property Fund, the only fund in the UK investing in the lucrative £6 billion UK holiday park industry, has added Yew Tree Park near Canterbury in Kent to its portfolio of holiday parks.  The park was purchased for an undisclosed sum from its private owners.

Yew Tree Park is set in the Kent Downs Area of Outstanding Natural Beauty, just south of the historic Cathedral city of Canterbury, and offers 55 touring caravan and tenting pitches as well as 13 static caravan pitches, 4 holiday apartments and a timber lodge. The park also features an outdoor heated swimming pool, toilet and shower blocks and laundry.

Anthony Esse, Chief Executive of Darwin Property Investment Management Limited, which is the investment adviser to the Fund, said of the acquisition: “We are delighted to have added Yew Tree Park to our portfolio of UK holiday parks.  This is a charming park set in a stunning location and I have no doubt that our experienced management team will ensure that visitors to the park have an even better experience going forward.”

The Darwin Leisure Property Fund increased in size by over £120m during 2013, and has a strategy to deploy these assets by investing in existing parks within the portfolio, as has been the case with the flagship Cheddar Woods Resort & Spa in Somerset and Mullion Cove Coastal Retreat in Cornwall, and by acquiring new parks into the portfolio.  The purchase of Yew Tree Park is expected to be the first of several which the Fund makes in 2014 and the team at Darwin continue to look for new opportunities to acquire parks.  Roger Vail, Property Adviser to the Fund, commented: “This is an exciting time as we seek new acquisitions to join the portfolio.  The Fund’s size means that candidates for acquisition are likely to be of a similar size or larger than Yew Tree, but geographically we are considering all parts of the UK.  Anyone with a park which they think may be suitable is welcome to contact me”.  Darwin is hoping to have added six to eight parks to the portfolio by the end of 2014.

 

by Michele Taylor

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