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    SVS   GB00B135BJ46

SAVILLS PLC

(SVS)
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Savills : New owners at Drummohr Holiday Park, on the peripheries of Edinburgh, in over 30 years

05/04/2021 | 05:47am EDT

The holiday park is developed to accommodate 12 luxury holiday letting lodges, seven of which have hot tubs, 155 touring caravans, tents and motorhomes together with 20 glamping units. The site also includes storage area for up to 40 touring caravan, a three bedroom bungalow with hot tub, two amenity blocks and a shop.

The 10.74 acre (4.35 ha) site is situated in the formerly walled gardens of a monastery and was converted to a holiday park in 1981. It has been owned and run by the same family since 1988.

Musselburgh is a popular tourism destination with visitors benefitting from convenient access to the Edinburgh. There are a number of local attractions to include Royal Musselburgh Golf Course one of many golf courses in the area, Preston grange Museum, Levenhall Links Leisure Park and Musselburgh Racecourse.

Richard Prestwich, director in the Leisure and Trade team at Savills, says: 'Holiday Parks have become exceptionally sought-after due to the growing trend for staycations. It is encouraging to witness new entrants, such as WCF, targeting the holiday parks market and competing with the existing multi park owners that have traditionally dominated the marketplace.'

Disclaimer

Savills plc published this content on 04 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 May 2021 09:46:05 UTC.


ę Publicnow 2021
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Sales 2021 1 911 M 2 678 M 2 678 M
Net income 2021 75,5 M 106 M 106 M
Net Debt 2021 26,0 M 36,4 M 36,4 M
P/E ratio 2021 22,9x
Yield 2021 2,12%
Capitalization 1 657 M 2 318 M 2 323 M
EV / Sales 2021 0,88x
EV / Sales 2022 0,79x
Nbr of Employees 39 349
Free-Float 93,0%
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John Jeremy Mark Ridley Group Chief Executive Officer & Director
Simon James Blouet Shaw Group Chief Financial Officer & Executive Director
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Rupert Hugo Wynne Robson Independent Non-Executive Director
Stacey Lee Cartwright Senior Independent Non-Executive Director
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