A Perthshire holiday park which has been under the same family ownership since 1954 has been sold for an undisclosed sum.

Faskally Caravan Park, which is located in countryside close to the popular tourist town of Pitlochry, has been acquired by Wood Leisure. The deal takes Wood’s portfolio to six holiday parks in central Scotland.

The “beautiful” Faskally site spans 30.9 acres and includes around 330 pitches providing a mix of private static and lodge holiday homes, an established hire fleet and touring caravan pitches. It had been owned by the Hay family for seven decades.

Margaret Wood of Wood Leisure said: “We are delighted to secure the acquisition of Faskally, and we look forward to maintaining the same family-run feel and high standards that the Hays have maintained for last 70 years."

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Ian Hay, whose parents purchased Faskally in the 1950s, noted: “It was very important that we were able to ensure our family park was sold to a similar family operator to ourselves with a shared ethos. We feel that Colliers found that fit for us with Wood Leisure and we wish them all the very best for the future.”

The sale of the site was brokered by commercial real estate firm Colliers, which ran a competitive process that led to the buyer achieving preferred bidder status.

Richard Moss, head of UK parks agency at Colliers said: “The market has had its ups and downs in recent times, but the demand for well-located, high-quality property remains extremely strong.

“This business ticked every box for the buyer – an established business, in a top location with the ability to further grow under their mantra of enjoying the great outdoors. A sale is always an emotional journey for private family owners who have owned businesses for many decades which makes applicant selection and discretion absolutely key. It’s been a pleasure to bring together two parties who share a very similar ethos with minimal business disturbance and in the knowledge of complete continuity for the customer.”