Wootton Wawen-based Allens Caravans expands portfolio with £12.5million investment
A HOLIDAY park business based in Wootton Wawen has secured a £12.5million funding package to expand its portfolio of caravan parks.
Allens Caravans provide a range of luxury holiday home and permanent residential accommodation at eight countryside and coastal locations.
In the latest phase of its expansion, the firm has widened its presence using the eight-figure loan from Lloyds Bank to complete the acquisition and development of two new sites in Aber Bay in Wales and Bredon View in Worcestershire.
The development has led to eight jobs being created at Bredon View and 20 at Aber Bary.
John Russ, sales director at Allens Caravans, said: “We’ve seen a real boom in demand for our accommodation in recent years as UK holidaymakers’ enthusiasm for luxury staycations continues to gather pace.
“Bringing these additional sites to our portfolio marks the latest phase of our expansion ambitions, and we remain committed to rolling out continued investment in our parks.”