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The deal was finalised in May 2001 at a reported cost of £46 million. [2] In December 2004 Park Resorts was sold to Capital for £165 million, and its activities were merged with the GB Holiday Parks business (itself bought by ABN AMRO for £105 million just one month previously) to form the second-largest caravan park operator in the UK.
In addition to mobile homes, static caravans are popular across the UK. Static caravans have wheels and a rudimentary chassis with no suspension or brakes and are therefore transported on the back of large flatbed lorries, the axle and wheels being used for movement to the final location when the static caravan is moved by tractor or 4×4.
It is estimated to have cost around £7 million. Cliff Hanger – Opened in 2002 and located in Riverside One, this is the first and tallest S&S Combo Tower in the United Kingdom. [citation needed] Also on the site is a gym, a leisure centre, a spa, a golf course and a large collection of log cabins and static caravans.
Holiday homes can be rented on an ad-hoc basis or purchased – caravans can be purchased from around £30,000 while park homes and lodges can cost between £100,000 and £500,000. [3] Once purchased, holiday homes have various ongoing costs including insurance, site fees, local authority rates, utility charges, winterisation and depreciation.
A trailer park, caravan park, mobile home park, mobile home community or manufactured home community is a temporary or permanent area for mobile homes and travel trailers. Advantages include low cost compared to other housing, and quick and easy moving to a new area (for example, when taking a job in a distant place while keeping the same home).
The National Caravan Council estimates that the caravan industry, which includes motorhomes, touring caravans (caravans designed to be hitched to a car and towed to a site), and static caravans and mobile homes (caravans designed to be transported to a permanent site, where they are anchored to the ground), is now [when?] worth over £1 bn (€ ...
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