Castle Bay Holiday Park at Portpatrick, which overlooks the sea and the ruins of Dunskey Castle, has been sold by a private family owner off a guide price of £2.3 million, property agent Colliers has said.
It noted the 22.5-acre coastal park, which has a licence for 125 holiday and residential lodges, had been acquired Luxury Leisure Parks.
The specialist parks team at Colliers said: “The holiday parks market has started strong in 2024, with two parks changing hands in February and a further dozen deals in progress.”
The other transaction in February which Colliers highlighted was the sale of Campsie Glen in Fintry to Largo Leisure.
Richard Moss, head of parks at Colliers, said: “Following a year when many transactions were delayed or held over, we’ve started 2024 strong, getting two parks in Scotland over the line with several more in the immediate pipeline. There’s plenty of activity taking place, with operators looking to sell sites, either to fund expansions elsewhere or for personal reasons, and are coming to the realisation that there are plenty of buyers looking to be acquisitive at sensible levels.”
He added: “However many are still holding out for a more favourable debt market, but after the recent stability in interest rates we’re seeing transactions now progressing. There is a significant number of deals in legals and we look forward to making further announcements about the market soon.”
Colliers said: “Wood Leisure sold Campsie Glen, a 196-pitch site within 30 acres of land, with a licence for 28 residential caravans, 139 static holiday caravans and 63 touring caravans. Sold off market for an undisclosed guide price, the park includes a recently refurbished bar and bistro for up to 150 covers, a welcoming reception lodge/sales office, heated swimming pool, games room and outdoor play area.”
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel