The largest independent holiday park operator in Wales has acquired North Wales caravan park company Sunnysands Caravan Parks.
Lyons Holiday Parks has bought the business and the freehold interest in five of its holiday parks in North Wales for an undisclosed amount.
These include Parc Caerelwan, Moelfre View Caravan Park, Tyddyn Goronwy and Sunnysands Caravan Park, all located in Talybont and Snowdon View Caravan Park.
The combined entire estate extends approximately 83.88 acres and offers over 1200 pitches.
The deal was advised on by Savills, while the vendors were supported by legal advisors Slater Heelis.
Director for the leisure and trade related team at Savills Richard Prestwich said: "We have worked with the owners of Sunnysands Caravan Parks Limited for over 50 years and are delighted to complete the sale of these prime located holiday parks to one of the largest holiday park operators in the UK.
"Holiday Parks continue to draw significant investor interest particularly for assets located in prime tourist destinations."
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