A leading Cumbrian holiday park has been bought by the UK’s fourth largest caravan park operator.
Solway Holiday Village in Silloth has been sold by Hagans Leisure to Cove UK for an undisclosed sum
The sale includes Meadow View and Lido Residential Parks which were also owned by Hagans Leisure and continue to be operated as part of Solway Holiday Village.
Cove is the UK’s fourth largest caravan park operator, with more than £450 million of property acquired in the UK over the past three years, including deals for Europe’s largest park, Bunn Leisure, in August 2019, Medmerry Park in August 2021 and Argyll Holidays in February 2022.
Mark Seaton, Cove UK Managing Director, said: “We’re thrilled to add Solway Holiday Village to the expanding Cove UK group.
“We have a clear strategy of only adding beautiful and well-maintained sites in great locations to our portfolio and Solway Holiday Village fits that profile. Under the leadership of Hagans Leisure it has moved from strength to strength. Our plan is to invest in the site and in our colleagues to ensure we enhance the great offering that is already there at the village.”
Set across 130 acres, Solway Holiday Park has a range of facilities including an indoor swimming pool, outdoor play park, sports hall, outside dining, an arcade, an entertainment clubhouse as well as food and beverage outlets, gym and tennis courts.
The park has capacity for 1,600 pitches comprised of touring, camping, and static caravans with 50 staff involved in the operation of the park.
Founded in the 1970s, the park has been steadily expanded under the leadership of Sam Hagan and is a key contributor to local employment and economic activity in Silloth.
Sam Hagan, Managing Director of Hagans Leisure Group said: “As a company, and personally, we have thoroughly enjoyed owning and developing Solway Holiday Village over our many years of ownership.
“When deciding to sell, Cove UK was immediately our first choice given their reputation in the industry of outstanding owner and guest services. We wish Cove the best with the park moving forward and feel they are ideally placed to unlock the enormous potential the park offers; whilst continuing to provide the excellent facilities and services the park and staff offer to customers.”
Cove UK pledges to source at least 20 per cent of produce locally, build local partnerships, and actively engage in local community initiatives.