Residential and holiday park group Lifestyle Living UK goes into administration
- Credit: IAN BURT
A holiday and residential park operator with sites in Norfolk and Suffolk has gone into administration.
Lifestyle Living UK, which runs Carlton Manor Holiday Park, Carlton Colville near Lowestoft, Carlton Meres, Carlton, near Saxmundham, Redhill Park, Watton, and Haveringland Hall Country Park, Cawston, has appointed business advisers FRP Advisory with the aim of finding a buyer.
The administrators are continuing to trade Lifestyle Living as a going concern, operating the caravan parks as normal, while the business and assets are marketed for sale.
The group, which employs around 50 people, provides a range of purpose built and individually designed lodges and static caravan units.
Jason Baker, joint administrator and partner of FRP Advisory, said: 'Our priority is to maintain the day-to-day operations of the caravan parks to ensure that customers and users continue to enjoy the products and facilities offered by Lifestyle Living.
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'We continue to trade the business and ensure that the holiday and residential parks operate as normal while actively marketing the business for sale.
'We have already engaged with interested parties and invite other interested parties to make early contact.'
The announcement comes as holiday park group Park Holidays revealed it had been bought by a private equity firm in a £362m deal, just days after rival Parkdean Resorts revealed it was to be bought for £1.35bn.
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