Little Haven Holiday Park in Chapel St Leonards has been sold for around £900,000.
The static caravan park has been purchased by a private individual.
Set across around 5.55 acres and featuring a number of lakeside caravans, the park currently has 41 pitches and planning permission for a further 15 in addition to seven lodge units, a total of 63 potential pitches. The holiday park was established in the 1920s and underwent renovation in 2003 to include a brick built reception and customer car parking area.
The sale was overseen by the parks team at Leeds based property advisers Colliers International and commercial property agents GVA.
Head of UK parks agency at Colliers International Richard Moss said: “Little Haven Holiday Park has been thoughtfully developed and landscaped with ornamental lakes, making it an extremely desirable business and holiday destination. The park benefits from strong pitch income and has further revenue potential, should the new owner decide to develop the additional pitches.
“The recent sale of Little Haven further demonstrates the high demand for quality parks of this type. This sale follows a succession of similar transactions, including Hawkswick Cote Park in the Yorkshire Dales and Upper Carr Holiday Park near York.”
The parks sector is experiencing an increase in market activity with transactions up year-on-year when compared to the same period in 2012.