Future of holiday park 'secured' after sale

Joint Administrators said that the sale "secures the future of the park"

The future of a mobile home park which was put into administration has been secured.

Billing Aquadrome, in Northampton, has been sold to Meadow Bay Villages, along with Cogenhoe Mill holiday park.

Chief executive officer Geoffrey Smith said: "We are already thinking about exciting plans for further investment and development at these already great locations."

The Joint administrators said that the sale "secures the future of the park".

Meadow Bay Villages is a newly formed resort operator which has also purchased the Golden Leas and Hollybush Farm holiday parks on the Isle of Sheppey, Kent, and Hayling Island Holiday Park in Hampshire.

Mr Smith said: “We are thrilled with the acquisition of the five resorts to kickstart the Meadow Bay Villages brand.

"With a renewed vision and dedicated leadership, we are confident that we can herald a fresh start for each resort and build on their existing popularity."

A spokesperson from the administration team said: "The experienced management team at Meadow Bay Villages are committed to maintaining and developing upon the park’s existing amenities and have exciting plans for further investment for the benefit of licence holders and visitors.

"We wish to express our gratitude to all License Holders and on-site team members for their support and patience throughout this process and look forward to Meadow Bay Villages taking the park forward, infusing fresh ideas, and creating memorable experiences for the park community."