Lakeshore Leisure Group acquires Lakeview Manor lodge for £1.8m

A Devon lodge park and hotel has been acquired by private equity-backed holiday operator Lakeshore Leisure Group off a guide price of £1.8m.

Lakeview Manor, in the Blackdown Hills Area near Honiton, is set in 31 acres of gardens, woodlands and paddocks, and has three fishing lakes. It currently comprises 18 developed holiday lodge pitches, and a 17-bedroom hotel and events venue, with planning permission for a further 18 twin-unit holiday lodges.

The private vendor of Lakeview Manor was represented by the Caravan Parks team and the hotels team teams from the South West office of global real estate advisor Colliers International.

Ed Jefferson, from the hotels team, said: “Lakeview Manor is an excellent wedding venue and hotel in its own right. Coupled with its private fishing lakes and lodge park it attracted significant interest. This instruction was an excellent example of two Colliers departments pooling knowledge for a client’s benefit.”

The vendor of Lakeview Manor was represented by solicitors Steele Raymond. Chris Twaits, partner and head of commercial property at Steele Raymond, said: “Members of our team have been involved with the Lakeview Manor business from original purchase right through to the sale to Lakeshore Leisure Group, so this has been a particularly satisfying transaction.”