Celtic Holiday Parks, which operated luxury sites across south Pembrokeshire, announced it had entered administration in June, leaving holiday goers in the UK in peril
A significant development has emerged regarding the fate of one of Wales’ leading holiday park chains after it collapsed into administration last year.
Celtic Holiday Parks, which ran upmarket destinations throughout south Pembrokeshire, tumbled into administration in June, with joint administrators Alistair Wardell and Richard Lewis from Grant Thornton UK taking charge on May 27.
At the time, they assured in a statement that Noble Court Holiday Park in Narberth and Meadow House Holiday Park in Amroth, operating under the Celtic Holiday Parks banner, would keep their doors open and maintain normal operations throughout the administration period.
However, fresh news emerged on January 14 revealing that the three parks have now been snapped up by separate buyers.
Savills, representing the joint administrators, confirmed that each location has been purchased for sums ranging from £3.2 million to £10 million, reports the Express.
Meadow House has been bought by Hall Bros Leisure for £10 million and boasts 187 static holiday caravans or twin-unit lodges spread across its 16-acre site.
Meanwhile, Noble Court has been secured by Threesix Holdings for £3.2 million and houses a combination of 173 privately owned and luxury-hire fleet holiday caravans, lodges and glamping units across its sprawling 50-acre grounds. Croft Country Park, snapped up by Henson Leisure Group for a cool £3.5 million, boasts 124 static holiday caravans at present.
Out of these, 75 belong to private owners. The green light has already been given for an additional nine pitches to spring up behind the Stables, with the entire site sprawling across 13 acres.
Richard Prestwich, a director within Savills’ leisure and trading division, remarked: “The group attracted exceptional interest thanks to its prime location and the strong reputation of the business.
“With over 100 parties expressing interest – demonstrating strong demand for these types of assets – Savills conducted an informal tender process to ensure a fair and competitive outcome. This approach successfully identified the winning bidders and culminated in the sale of all three parks.”
Celtic Holiday Parks came to life in 2003 under the stewardship of managing director Huw Pendleton as a family enterprise.
The parks have bagged numerous accolades, including luxury accommodation provider of the year – south Wales and recognition as among the best caravan and camping parks in Pembrokeshire.
Across the last two decades, the firm had ploughed roughly £6 million into broadening and enhancing its locations.
It also rode out the storm of the COVID-19 crisis with backing from a substantial six-figure HSBC loan in 2020.
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