Following a confidential marketing campaign our specialist holiday and caravan park team has sold Scoutscroft Holiday Centre, a family owned holiday park in the village of Coldingham, between St Abbs and Eyemouth on the Scottish Borders coast.
Scoutscroft Holiday Centre is in a prime location in the centre of the village of Coldingham, within walking distance of the sandy beach at Coldingham Bay and close to St Abbs, a popular diving destination with a number of shipwrecks to explore.
The park was acquired by Verdant Leisure, an award-winning park operator across Scotland and Northern England, adding to their expanding portfolio which already includes three parks in the Scottish Borders.
Graham Hodgson, CEO of Verdant Leisure said: “This acquisition is a perfect choice for the Verdant Leisure group in terms of the geographical location right in the heart of our existing business interests.”
“It is an area we know well and Scoutscroft will bring a further 180 pitches to the wider group. We have further investment in the park planned and this will roll out over the next 24 months. We will also look to extend the opening period of the park to 11 months from the existing nine and-a-half enabling our customers to enjoy more time at their holiday homes.”
Adam Burkinshaw, Partner in our specialist holiday and caravan park team said, “We marketed the park with a guide price in excess of £3.25million and attracted a good level of demand due to the scale of the existing business which is accompanied by significant untapped development potential.
“We are delighted to have sold this fantastic business and opportunity to Verdant Leisure. Its location in a very popular holiday catchment and position close to their existing Coldingham Bay Leisure Park will complement the Verdant business and add to their expanding portfolio and we wish them success moving forward.”
Find out more about Verdant Leisure here.