A caravan park in Tenby has been sold in a £3m plus deal.
Savills, on behalf of a private individual, has sold Wood Park Holiday Caravan Park to an established multi-park operator.
The site was marketed at a guide price in excess of £2.5m
Set across 9.8 acres (3.9 hectares), the park has been developed to accommodate 94 static holiday caravans, alongside 42 touring pitches.
Other buildings include substantial owner’s accommodation, a small clubhouse and a games room.
Richard Prestwich, director in the leisure and trade related team at Savills said: “Pembrokeshire is a key holiday destination within the UK and consequently there is significant demand from park operators for well-established sites in good locations.
" The team achieved a value well above the guide price and significantly above £3m for Wood Park, signifying a fantastic result for our client. These latest sales prove just how popular the region has become.”
The name of the acquiring venture has not been disclosed.
