Sky’s the limit for leisure firm
A YORKSHIRE holiday park operator is to invest £500,000 in a caravan park it has acquired for £1.6m.
Wakefield-based Blue Sky Resorts has taken its caravan parks portfolio to three following the purchase of Springhouse Caravan Park in Slaley, Northumberland.
Springhouse Caravan Park was established in the 1960s and can accommodate up to 99 static caravans, touring caravans, motor homes and tents.
Blue Sky Resorts plans to invest £500,000 to upgrade the park's infrastructure and redevelop the existing caravan pitches and park's facilities.
Blue Sky's two other parks are Heathergate Country Park in Lowgate,Northumberland, and at Nostell Priory Holiday Park near Wakefield.
Funding for the deal was provided by Natwest commercial banking.
Mark Alston, operations director at Blue Sky Resorts, said: “Springhouse Caravan Park is a well established business that has provided great facilities for over 30 years. We are delighted to have completed this acquisition as it fits with Blue Sky Resorts growth strategy and I would like to thank the team at Natwest for their support in this deal.”
Jonathan Roston, relationship manager at Natwest, said: “The Blue Sky Resort team has a proven track record in this industry and this latest acquisition expands their operations to another part of Northumberland. We look forward to working with them on future projects to meet their growth aspirations.”
Blue Sky also specialises in assisting holiday park operators to maximise sales of holiday homes.
The company can provide websites, brochures, new and used stock and sales staff. It also has scope to make investments in ventures outside the leisure industry.
