A 79 acre holiday park near Moffat in Dumfries and Galloway has been sold out of administration by Begbies Traynor.
The sale safeguards the future of both the business and its employees. The facility consists of two adjacent parks, Craigieland Country Park and Loch View Park.
Kirstie Provan and Paul Dounis of Begbies Traynor were appointed joint administrators of Craigieland LLP on 26 July 2013.
Provan, partner at Begbies Traynor, said: “We were brought in to conduct an accelerated sale process and were quickly able to identify a purchaser.
“The holiday park continued trading while a buyer was sought and it was important that the sale was concluded swiftly, ensuring there was no disruption to residents and to preserve the value of the business.
“Not only has the sale secured the jobs of the staff, but it has also given the business a brighter future in the hands of an experienced and well-funded management team who have exciting plans to take the business forward.”
Beattock Country Parks Limited completed the acquisition of Craigieland LLP on 30 July 2013.
Craigieland provides a mix of over 100 static caravan holiday homes and lodges, plus facilities for motor homes, touring caravans and tents. The site includes amenities including a bar, restaurant, shop and children’s play area.
Loch View is an adjoining site offering potential for expansion of the park with the addition of further holiday lodges.