Caravan park group Lifestyle Living UK bought out of administration by former owner
- Credit: IAN BURT
Thirty jobs have been saved after a caravan park group, which operates sites in Norfolk and Suffolk, was bought out of administration.
Lifestyle Living UK has been bought, in what is believed to be a multi-million pound deal, by former owner Tony Barney.
The company runs Carlton Manor Holiday Park, near Lowestoft, Carlton Meres, Carlton, near Saxmundham, Redhill Park, Watton, and Haveringland Hall Country Park, Cawston, as well as sites in Cumbria.
Administrators from FRP Advisory completed a sale of the Lifestyle Living business after four months of continuous trading of the sites since their appointment at the end of December 2016.
Buyer Mr Barney was chairman of Lifestyle Living for four years until he sold the business in 2014.
You may also want to watch:
Jason Baker, joint administrator and partner of FRP Advisory, said: 'We are pleased to have secured a sale of the entire business and all the sites of Lifestyle Living to experienced caravan and leisure site operator Tony Barney, who has a sound understanding of each site's unique geography and customer base thanks to his years of prior ownership and solid stewardship of the group. We wish Lifestyle Living the very best under new ownership.
'One of the key priorities following our appointment at the end of December last year was maintaining the day-to-day operations of the caravan parks in order to ensure the high standards of services that customers and users of Lifestyle Living have come to expect. We are delighted that bookings for the holiday rentals across the sites compared favorably with last year helped, we believe, by the drop in the value of sterling compared to a basket of foreign currencies since last June's referendum which continues to encourage many families to opt for staycations over foreign vacations this year.'
- 1 Norwich hairdresser, former boxer and bodybuilder, dies from Covid
- 2 Yellow weather warning for snow in place across region
- 3 Drink driver arrested after crashing into two trees in Norwich
- 4 Jack-knifed lorry shuts A148 as police issue ice warning
- 5 The secrets and scandals of a former Norwich hotel
- 6 Norwich Debenhams looks doomed as Boohoo to buy brand
- 7 Crash boy's mum says he's 'badly shaken but OK'
- 8 Up and coming Norwich musician reaches number 13 in UK charts
- 9 Atlantis Tower up for sale after owner signs ‘outrageous’ loan deal
- 10 Map reveals the most serious crashes on the NDR since it fully opened
Mr Barney, who operates a number of other parks across the UK, said he was committed to investing in the sites.
He said: 'It is great to be back in at Lifestyle Living and I look forward to re-invigorating the sites so that they can serve another generation of holiday-users and lodge owners with the high standards they have come to expect. With more than 30 years of experience in the holiday and residential parks sector, I could see an opportunity to come back to a business which I helped build up and take it on to a new level.'