Brexit Bounce Continues - Sanderson Weatherall
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Market Report
2018
A survey of values and trends in the caravan park
and leisure markets over the past year.
Brexit Bounce Continues
Despite various negative pressures affecting the economy, all sectors of the parks industry appear
to have enjoyed a strong year of trading in 2017. Confidence amongst holiday and residential
park operators remains high with many looking to expand and banks are again keen to lend to
these cash generating freehold businesses. As a result, the market for the sale of parks remains
strong, with a distinct shortage of supply in many sectors.
In this issue:
• General Economic Background
• Market Review
• Analysis of Pitch Values
• Autumn Budget Review
• Parks Sold
• Parks for Sale
• Industry News and Views
Parks Review
Holiday Parks in respect of park businesses to enable managers to
offer better rates of interest, which can only be good
for the park industry as a whole.
General Economic Background The majority of holiday park operators we have
spoken to during the latter part of the year, report
strong trading results. Bearing in mind, 2016 was Residential Parks & the Housing Market
also considered to be a good season the results for
most parks appear to be at least as good, or better, The performance and strength of the housing
The UK economy appears to be at the centre of a remaining below the rising costs of goods and with some operators reporting provisional turnover market continues to be an important factor for the
crossroads with signs pointing in various directions services. But again, this is not necessarily bad news figures up by as much as 10%. parks industry because many customers will be
at the same time. The Brexit negotiations have for some sectors of the holiday park industry which selling houses to buy park homes or releasing equity
created a level of uncertainty in many parts of the target holidaymakers looking to obtain best value for Touring and tenting parks reported a slower start to to buy holiday caravans or lodges; but it is not so
economy, which in turn, has led the Office for Budget money. So, despite the uncertainty caused by Brexit, the season, with a noticeable lack of foreign visitors much house prices, as the volume and activity, that
Responsibility to downgrade its forecasts for growth the holiday park industry continues to benefit from a in some parts of the country, possibly due to the are the key issues. However, as we know these are
in 2017, 2018 and 2019. The expected growth in ‘Brexit bounce’. knock-on effect of delays at the Channel crossings inter-linked, because activity is curtailed when prices
GDP for the current year has been revised down in 2016. However, visitor numbers appear to have start to fall, or if they rise so quickly that properties
picked up during the main summer months, with a become unaffordable.
“
from 2% to 1.5%, falling to 1.4% in 2018 and 1.3% in
2019 and 2020. very strong end to the season in September and
October. In recent years we have seen significant price
Meanwhile, inflation remains stubbornly above the increases with the average property price around
government’s target rate of 2%, with the latest figures
available (November 2017) showing CPI at 2.8%
Despite the Those parks offering self-catering holidays report a
similar story, with some discounting just before the
24% higher than it was four years ago. However,
it appears the rate of increase is starting to slow
uncertainty caused
and RPI at 4%. Of course, higher inflation can be a peak period, leading into strong bookings in the late according to reports published by the Nationwide
bonus to the parks industry, where this measure is summer and autumn. and Halifax, who report the annual increase at
somewhere between 2.5% and 4.5%. Both reports
often used for annual pitch fee reviews. In an effort
to bring inflation under control, the Bank of England by Brexit, the The market for caravan sales has remained good
with reasonable margins. In some cases, sales
suggest that continuing low mortgage rates, healthy
rates of employment and a lack of homes for sale
has recently increased the base interest rate from a
holiday park industry
record low of 0.25% to 0.5%, with the expectation of
further modest rises in 2018. However, the Governor
of the Bank of England, Mark Carney has stated that
any further increases would be ‘gradual and limited’.
It is likely to be many years before we see base rates
returning to pre-recession levels.
continues to benefit
from a ‘Brexit
“ performance has been hampered by a lack of
available pitches. On the one hand, it is good to
be receiving maximum pitch fee revenue, but, on
the other hand, it is frustrating to have no pitches
available for a new customer!
continue to support house prices.
More worryingly, the housing report from the National
Association of Estate Agents suggests the number
of house hunters registered per estate agent branch
dropped by 11% from September to October 2017
On the plus side, statistics published by the Office
bounce’. The market for the sale of holiday parks has been
strong, buoyed by higher levels of confidence in
and year on year the figure is down by 21%. The
number of properties sold to first time buyers also fell
of National Statistics (ONS) in November, show the industry, increased activity from equity backed in October, which may be an early sign that house
unemployment at its lowest rate since 1975 at just groups and strong support from the high street prices and activity may be stalling. This accords with
4.3% of the working population. There is however banks in a sector they are keen to lend into. This is the comments of many residential park operators who
some concern regarding the continued squeeze a refreshing change from the dark days immediately have found the market for new sales becoming more
on average incomes as a result of wage inflation following the recession when bank funding was difficult, with many now finding that part exchange
almost impossible to obtain. Indeed, several of the schemes are vital to maintain the flow of new sales.
major lenders have now revised their lending criteria
Caveat
As in previous years, we should stress that pitch values form only one of a wide range of valuation tools and the average
pitch values stated above should not be used in relation to the valuation of any particular property.
Pitch values can provide a useful guide, but should be used with care alongside other valuation techniques such as the
assessment of profitability. In the current market buyers place considerable reliance on profits based valuations, whilst
lenders need to see clear proof of the affordability of any proposed borrowing.
FIGURE 1 - 10 YEAR HISTORY OF AVERAGE PITCH VALUES
£35,000
£30,000
The Values shown
are based upon fully
Analysis
£25,000
developed operational
pitches, including facilities
necessary to comply with
£20,000 Park Homes
Site Licence requirements,
As usual we have analysed the sale of all of the Static Holiday Pitches excluding the value of any
touring, static holiday and residential parks that we
caravans or additional
have dealt with over the past 12 months, both in Holiday parks with static holiday pitches have seen a amenities. No adjustment
terms of our own sales and other transactions where strong level of demand throughout 2017, particularly £15,000
has been made for the
we have been valuers or advisors. Our survey larger parks with around 100 pitches or more. Overall variance of the sample
Caravan Holiday
covers many thousands of pitches across dozens of the average pitch value has increased from £18,000 Home from year to year. These
parks spread across all parts of the UK and, in total, to £19,000 per pitch over the past 12 months. Again, £10,000 figures are offered only as
encompasses over £200m of park sales. this is subject to a wide range of values, primarily a market guide and should
determined by the size and location of the park, not be used in relation
It is worth repeating that pitch values do not determine with a low of around £9,000 and a high of £35,000, to the valuation of any
the market price of a park, quite the reverse. It £5,000 particular property.
although we note the latter was an exceptional park.
Touring
is the demand from purchasers, their analysis of
the business in question and their appetite for the Residential Pitches
property on offer that creates the eventual sale price. £0
It is this price that we break down and apportion Last year we reported a significant increase in the 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
to the constituent parts of the property in order to average value, up to a figure of £33,000 per pitch,
produce the pitch values reported below. primarily driven by high value sales in the South East
of England. The average figure for the past 12 months
FIGURE 2 - RANGE OF PITCH VALUES
It is also important to understand there is a wide has remained at a similar level for the same reasons. £45,000
range of values within each category, as illustrated Whilst we have dealt with sales from Cornwall to
by the second graph, Figure 2. The average value Lincolnshire, the bulk of activity has centred around £40,000
drawn from these statistics is just that – the average the South East of England, where parks have
– and it does not represent the value of any particular commanded very high values, buoying the national £35,000
park. average. Overall, we have seen prices ranging from
a low of £20,000 to £40,000 for pitches occupied by Range of pitch values achieved in
£30,000 Park Homes
Touring Pitches privately owned homes protected by Mobile Homes the 12 month period 1 December
£25,000
Act agreements. Values for undeveloped or vacant 2016 to 30 November 2017. The Caravan Holiday
Our survey for 2017 suggests that the average pitches, particularly in the South East of England, results depend entirely upon Home
£20,000
price achieved for a fully operational touring pitch have been much higher and we have witnessed very the sample of parks sold and
remained broadly constant at around £8,000. Sale strong demand for vacant pitches. Given that some serve only to illustrate the wide
£15,000
prices achieved during the year indicate pitch values differential of values.
large new park homes have achieved sale prices as
ranging from a low of £4,000 to a high of just under high as £400,000, this is hardly surprising. £10,000
Touring
£13,000 per pitch, reflecting differing levels of quality,
facilities, location and earnings. We note touring £5,000
pitches also invariably cover a range of pitch types
£0
from un-serviced grass pitches to fully serviced
hardstanding super pitches.
Continuing Investor Appetite for Holiday Parks Autumn Budget 2017
2017 has seen a continued and ever strengthening appetite for the sector from equity houses and investors,
with a number of notable transactions. Business rates highlights
In December 2016, it was reported that a sale of Parkdean Resorts had been agreed by Epiris and Alchemy Graham Isle, partner in our business rates team,
to Canadian Investment group Onex in a deal reported to be worth £1.35bn. Completing early in 2017 the analysed how the changes in business rates may
sale took place less than 2 years after the merger of Park Resorts and Parkdean to create the UK’s biggest affect businesses across England and Wales.
holiday park operator with 73 parks.
“During the budget it was announced that from next
At a similar time, Caledonia Investments plc sold its stake in Park Holidays to Intermediate Capital Group April the annual rates increase will be based off the
in a £362m deal. The group presently operates 28 caravan parks across southern England and is actively lower Consumer Price Index rather than the Retail
looking at further acquisitions. Price Index. Early estimates indicate it could bring
about a benefit of £2.3billion to small businesses
In a reported deal worth £103m, February 2017 saw the sale of Park Leisure 2000 Ltd to Midlothian Capital over the next five years.
Partners. With the group operating 10 high quality holiday parks across the UK, further growth is well underway
following the confidential sale of Pentire Haven Holiday Park to the group by Sanderson Weatherall earlier “It was also good to hear that following the next
this year. revaluation in 2022, the government plan to increase Impact on the housing sector?
the frequency of revaluations from once every five
During the year, further expansion occurred with LDC backed Away Resorts acquiring Sandy Balls Holiday years to once every three years. Diana Warr, residential expert considers the impact
Village in the New Forest. Away Resorts now operate 6 parks across the UK. of the budget on the housing sector.
“There was also welcome news for thousands of
More recently, in anticipation of continued investor demand, Forest Holidays, which has 9 sites across Britain businesses occupying workplaces split across “The headline announcement in the budget was
has been put up for sale with a guide price of £100m. multiple floors as Hammond announced he would undoubtedly the fact that first-time buyers will no
axe the staircase tax. Despite the ruling, businesses longer need to pay stamp duty on property purchases
Elsewhere, other private equity backed groups continue to seek opportunities in the sector. We are involved affected will need to continue paying their current bill up to £300,000.
with a number of such transactions presently that will further grow this sector of the market. until legislation is approved and the Valuation Office
Agency make the amendments. Unfortunately, this “The abolishment of stamp duty is certainly a boost
may take time, which isn’t good news for businesses for first-time buyers across the country but will have
A new face joins the team in the short term. a greater consequence for those purchasing higher
value properties in London and the South. On top of
“Following the success of the business rates discount the benefit to first-time buyers it is also good news
Early in the year Sanderson Weatherall welcomed Lee Southan for pubs, it was declared that this would be extended for existing homeowners as the Office for Budget
to their specialist caravan and holiday park department based in until May 2019, good news for the leisure sector Responsibility has estimated that house prices will
Devon. Lee joins the existing team and is providing valuation and as roughly 90% of pubs currently benefit from the rise by 0.3% as a result of the change.
agency services across southern England and South Wales. £1,000 discount.
“It was also announced that local authorities would
Lee has over 12 years of experience dealing with commercial agency be able to charge a 100% council tax premium
transactions across all sectors, including pubs and hotels. This led on empty properties. It is hoped that by charging
to him winning the accolade of 2014 Estates Gazette ‘Deal Maker’ penalties in the form of council tax payments it will
in Devon. dissuade landlords and property investors from
leaving vacant houses and flats while many struggle
Since joining Sanderson Weatherall he has been immersing himself to find somewhere to live.
in the world of holiday and mobile home parks. Lee commented “As
a child I enjoyed many family holidays in caravans and within my first “Hammond announced that to boost housebuilding
few months in the job I have already inspected some of those same the government would provide a minimum of £44bn
parks. It is a fascinating and buoyant sector with a lot of activity and of capital funding, loans and guarantees to help
I am looking forward to getting to know the movers and shakers and to putting some deals together”. create an average of 300,000 new homes a year by
the mid-2020s.
Lee has already been instrumental in gaining some valuable new business and negotiating some
challenging sales. Andrew Bagnell commented “Lee has already been able to use his past agency “With a number of promises of extra funding and
experience to good effect and I am sure he will be a great asset to the team”. re-allocation of resources the budget looks to be
a promising one for the housing sector but as is
Contact Lee on 01884 256741 or lee.southan@sw.co.uk. often the case, we eagerly await the outcome of the
changes.”
Parks Sold
After another successful year as one of the leading specialist agents dealing with all types of holiday caravan
parks and residential park home estates, we offer a selection of our highlights from 2017, as follows.
One of the largest transactions in 2017 was Bradford In an attractive village on the outskirts of York,
Kaims Holiday Park in Bamburgh, Northumberland Cawood Holiday Park comprises an established
sold to Maguires Country Parks. Situated only 2 high quality static holiday caravan park set around
miles from Bamburgh, famous for its Castle and an attractive lake with 77 static caravan pitches, 16
expansive sandy beaches the park was developed touring pitches and extensive club, restaurant and
for 240 pitches along with permission to develop function facilities including an indoor swimming pool.
48 new luxury caravan pitches. The new owners A sale was agreed to an existing park operator who
immediately sought to invest £1,250,000 to develop already has two holiday parks in the region off a
the new pitches and to upgrade infrastructure to guide price of £2,500,000.
benefit existing caravan owners. The park was
marketed asking offers in excess of £5,500,000.
Parkfoot Holiday Homes
In summer the sale of Parkfoot Holiday Homes, a site developed with 175 static holiday caravan pitches
and 16 residential park home pitches, attracted unprecedented levels of interest from a number of existing
operators. The sought after location and attractive lot size was reflected in an exceptionally strong sale price
well in excess of the guide.
Pentire Haven Holiday Park, located on the North
Cornish coast near Bude, is another example of a
confidential sale that was achieved without the need
for full marketing and unwanted publicity. Extending Following a period of marketing during the spring Located in the heart of the North Yorkshire Moors
to over 40 acres of land the developed park currently and summer the sale of Bowdens Crest Caravan National Park in the sought after village of Rosedale
operates with 320 touring and camping pitches and & Camping Park was completed in September Abbey we were delighted to offer for sale Rosedale
38 static caravan pitches but with a consent for a 2017, thus allowing the long term owners to enjoy Abbey Caravan Park an exceptional mixed business
further 41 static caravans. Facilities include a shop a well earned retirement. Located in an elevated opportunity developed for static caravans, touring
and manager’s park home. The park was acquired by rural setting overlooking the Somerset Levels near caravans, glamping units and holiday cottages.
Park Leisure for an undisclosed sum. Langport, the park comprises a mixture of static Th strong location and facilities drew interest from
caravans and touring pitches, along with a club, far afield with a sale finally agreed to a successful
games room and owner’s bungalow. It was marketed farming family looking for opportunities to diversify.
with a guide price of £975,000 and sold to existing Rosedale Abbey was marketed with a guide price of
park operators who intend to upgrade and redevelop £2,950,000.
the park and facilities.
Over the years we have always found a good demand for holiday One of the most interesting instructions of the year was the sale
parks in the South West of England and this has grown over the of Humberston Fitties, an iconic and historic coastal chalet park
past year or so. One of the first sales of the year was Higher in Cleethorpes sold on behalf of the local authority. Throughout
Trevaskis Touring Park located midway between Camborne and the First World War the site had been used to house soldiers
Hayle in Cornwall. We initially marketed the property in the summer stationed in the nearby Haile Sands Fort before being replaced
of 2016 with a guide price of £850,000. A buyer was found during by holiday makers after the war. The property provided active
the autumn months and the sale completed in time for the start of management opportunities and attracted a great deal of interest.
the 2017 season. The park was developed for up to 90 touring and It was sold to an existing park operator for well in excess of the
camping pitches, with a modern two bedroom bungalow providing advertised guide price of £1,500,000.
high quality owner’s accommodation.
Parks occupied by 100% timber chalets are relatively rare, but
2017 also saw the re-emergence of wealthier first time buyers often work well in a wooded setting. Penlan Holiday Village is
seeking a sizeable holiday park as their first foray into the industry. one such park, located near Newcastle Emlyn in Carmarthenshire,
An example of this activity includes Hook Farm Caravan & South Wales. Marketed at a guide price of £1,100,000, the park
Camping Park, near Lyme Regis in Dorset, which was sold to first was sold during the summer months to an existing park operator
time buyers selling a house in the Home Counties. The property who intends to take advantage of some latent planning permission.
was offered for sale in two lots with a guide price of £1,900,000
for the caravan park encompassing 100 tenting pitches, 17 static
caravans and an orchard with planning permission for a further 36
pitches. Manager’s accommodation is provided by a detached 3 The retirement sale of Plas Newydd Caravan Park commanded a
bedroom bungalow, with a stunning adjacent 4 bedroom farmhouse good level of interest at the start of the year. This long established
offered separately as Lot 2 for an additional price. ‘lifestyle’ park business comprising of 50 static pitches, large
farmhouse and extensive range of outbuildings was sold off a guide
Other sales in the South West of England included Mena Caravan price of £1,295,000 to an expanding operator in the region.
& Camping Park, near Bodmin in Cornwall, which was offered
for sale with a guide price of £895,000 and Lufflands Caravan
Park, near Holsworthy in Devon, offered for sale at a guide price
of £925,000. Both properties included a detached house providing
owner’s accommodation and the benefit of a small licensed bar.
Mena is developed for 45 touring caravans and 2 static caravans,
whilst Lufflands has planning permission for 44 static holiday Hollybrook Park in Easingwold, close to the historic city of
caravans and 6 touring caravans. York presented a most attractive lifestyle opportunity including a
substantial craftsman built owners’ residence along with an existing
holiday lodge letting business. We concluded a sale, including a
The buoyant conditions for the sale of residential parks would part exchange property, close to the guide price of £865,000 with
suggest we should have dealt with a large number of sales, but an the park being purchased by new entrants to the holiday park sector.
extreme shortage of supply has limited open market transactions
that have taken place in the last year. Two sales in the South that
can be reported are Bourne Park, near Tonbridge in Kent and
Kimble Park in Aylesbury, Buckinghamshire. The latter park, which
has consent for 30 privately owned park homes, was marketed at The market town of Hawes is one of the most popular destinations
a guide price of £1,250,000 and sold within 24 hours to an existing in the North Yorkshire Dales National Park and the sale of
park operator. This underlines the extremely buoyant market for Bainbridge Ings Camping and Caravan Park on the edge of the
parks of this type. town attracted strong levels of interest as a result. Retirement of
the existing operators led to a sale to an existing regional operator
attracted by the untapped development potential and scope to
Billingsley Lodges in Shropshire represents an unusual commercialise the business. Guide Price £995,000.
opportunity to acquire a small but high quality holiday park in the
lower price ranges as it is rare to find a holiday park priced at less
than £500,000. The property has consent for a total of 10 lodges
with 5 privately owned units sited and 3 vacant serviced plots. Willowgrove Leisure Park and Fishery was marketed confidentially
Additional land also provides potential for further development and drew a good level of interest from established operators due to
subject to planning permission. Marketed with a guide price of the scale of the business providing over 200 holiday static caravan
£300,000, the park was sold within weeks to a new entrant to the pitches and 56 residential mobile homes. Located within a very
parks industry. popular area between Blackpool and Morecambe the property was
acquired by an experienced caravan park operator.
Parks For Sale U
O ND
FF E
ER R
Here is an extract from our portfolio showing a small selection of parks for sale across England, Scotland
and Wales at the present time. Please contact us if you would like any further information, or would like to
register on our mailing system.
Park Home Estate Touring Park Holiday Chalet Business
South Yorkshire Shropshire South Tyneside
YRK1760 DVN1758 YRK1740
£1,950,000 £425,000 £350,000
U
O ND
FF E
ER R
Mixed Holiday Park Woodland Touring Park Residential Park
Cornwall Sussex South Wales
DVN1390 DVN1665 DVN1754
£1,395,000 £850,000 £3,500,000
U U
O ND
FF E O ND
FF E
Holiday & Marina Business Mixed Holiday Park Static Holiday Park
ER R ER R Cumbria Norfolk Argyll
YRK1668 YRK1738 YRK1694
£695,000 £2,950,000 £895,000
Mixed Holiday Park
Derbyshire
Static Holiday Park
Isle of Wight
Static Holiday Park
Cumbria
There has never been a better time to sell
YRK1751 DVN1757 YRK1739
£2,500,000 £875,000 £1,250,000
We have been working in the caravan and holiday park industry for over 40 years, and as market
leaders in our field we really do know the market inside and out. From caravans to cottages, tents
to tipis and park homes to pods we have experience advising on all aspects of this specialist sector.
Why now?
The caravan and holiday park market continues to capitalise on buoyant trading conditions with
demand for parks far outstripping supply. The unexpected shock of Brexit has had a positive effect ,as
the fall in the value of sterling has made UK holidays even better value for money, leading to many
holiday makers choosing to holiday closer to home.
Touring Park Holiday Lodge & Static Park Residential Park
Cornwall North Yorkshire West Yorkshire Park owners are reporting strong sales and bookings that are increasing turnover and profits. This
DVN1715 YRK1761 YRK1744 further strengthens demand, as existing owners seek to expand their portfolio of parks. We know
£1,700,000 £1,250,000 £700,000 numerous park operators who are seeking opportunities to expand and have successfully sold a large
U
number of parks on a confidential basis, minimising disruption to the business.
O ND
FF E
ER R
We are here to help
If you are thinking of selling now or in the future, please do not hesitate to contact us for advice on the
steps you can take to prepare your park for sale and a market appraisal, in confidence. We know the
active buyers in the market and presenting your park to the right audience is key to maximising value.
Static &Touring Park Holiday Lodge Development Park Home Estate
North Yorkshire Shropshire Derbyshire
YRK1748 DVN1735 YRK1746
£1,290,000 £450,000 £2,300,000
Planning Update Nationwide Expertise
Local policy can overrule affordable housing Time to power up - green energy options
Our specialist team offers truly national coverage across England, Scotland and Wales. During 2017 we
small sites exemption visited parks all over the country and you can see the parks that we’ve sold, valued or visited on the map
Sustainability has become an increasingly important
below.
Owen Pike, planning expert in our Bristol office, consideration in so many areas of our lives, and
comments on the changes and how they might affect rightly so. There has never been more of a need 2017 Exhibitions
new residential developments. for energy optimisation and storage solutions. With
increasing global energy prices, consumer demand
“Previously, local affordable housing needed to for products which help reduce and manage energy
be provided by major and minor developments, costs, both domestic and commercial, is growing.
subject to viability considerations and tended to be Did you know you can earn additional income from
a proportion of the total number of new units, as set your surplus capacity?
out in local policy. In recent years, however, as the
development market has slowed, fewer affordable The recent government announcement that Britain is
buildings have been built on grounds of viability. to ban the sale of all petrol and diesel cars from 2040,
will inevitably lead to a rapid rise in the production of
“Local planning authorities were then forced to change electric vehicles. This in turn has led to questions
their approach because of a Written Ministerial about where and how these vehicles will be charged
Statement (WMS) introduced in 2014; this stipulated and how will the electricity be produced in a carbon
that affordable housing should not be sought on friendly way. Caravan parks will undoubtedly have
schemes comprising fewer than ten units or less an important part to play, both in providing charging
than 1,000 square metres of floor space, unless in facilities and in the production of sustainable green
National Parks or other sensitive landscapes. energy.
“But some recent appeal decisions have given more We have links with a number of specialist companies
weight to the WMS, whereby small sites have not who can advise on all of these aspects including
had to make a contribution. Other decisions have energy optimisation, energy generation, energy
favoured local policy requirements and accordingly, storage and electric vehicle charging. For further We will see you at the BH&HPA Conference
small sites have been refused permission due to an information contact Lee Southan (lee.southan@ on Wednesday 31st January and Thursday 1st
absence of affordable housing. The picture varies sw.co.uk or 01884 256 741) February at the QEII Centre, Westminster.
across the country.
If any of these schemes require planning permission,
“Moving forward, I believe that in areas where local our planning consultant Owen Pike (owen.pike@
policies are based on recent evidence and/or where sw.co.uk or 0117 338 1813) has extensive experience
small sites of less than 10 units have historically of successfully obtaining consent for renewable
represented a large proportion of an authority’s energy schemes across the UK.
new housing stock, the local planning authorities
will be able to give more weight to their own policy
Contact:
requirements, rather than the WMS, in an attempt to
ensure that sufficient affordable housing continues adam.burkinshaw@sw.co.uk | andrew.bagnell@sw.co.uk | william.reynolds@sw.co.uk | lee.southan@sw.co.uk
to be provided.”
sw.co.uk/caravanparks
Devon T:01884 256 741 E: edwards.devon@sw.co.uk
York T:01347 822 005 E: edwards.york@sw.co.uk
If you require any assistance or further information please do not hesitate to contact us:
Sanderson Weatherall LLP
Devon Office: 45 Bampton Street, Tiverton, Devon EX16 6AH
Yorkshire Office: 165 Long Street, Easingwold, North Yorkshire YO61 3JB
This publication is intended as a general guide and although Sanderson Weatherall has made every effort to ensure
accuracy, they cannot accept liability for any errors of fact or opinion.
No part of this publication may be reproduced without permission.
© Sanderson Weatherall LLP December 2017
You can also read
