Popularity of Pembrokeshire pushes up holiday park prices as Wood Park sells for more than £3m

Savills, on behalf of a private individual, has sold Wood Park Holiday Caravan Park in Tenby, Pembrokeshire to an established multi-park operator. The site was marketed at a guide price in excess of £2.5 million.

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. Located just outside of the Pembrokeshire Coast National Park, the site is surrounded by bays, sandy beaches and coastal paths and is within easy reach of numerous attractions.

Recently Savills has sold a number of holiday parks in the county, which includes Little Haven Retreat in Haverfordwest. The seven acre (2.8 hectare) site sold for more than £1million, a premium price for the region.

Richard Prestwich, director in the leisure and trade related team at Savills Chester, comments: “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 £3 million for Wood Park, signifying a fantastic result for our client. These latest sales prove just how popular the region has become.”