A caravan park has new owners after a £4.5 million deal.

Sheerness Holiday Park has been sold by Park Holidays - which owns Harts at Leysdown - to Greenspace Holdings.

The 32-acre site offers pitches for 363 static caravans. offering caravans for hire and spaces for touring caravans and camping.

The park at Halfway Road, Sheerness, has a recently refurbished clubhouse with bar, restaurant and arcade, an indoor swimming pool and shop.

The sale was handled by Colliers International. Associate director Simon Bland said: “We expect this deal to be one of the most significant transactions in the holiday park sector this year, especially given the excellent sale price was achieved off-market.”

Sheerness Holiday Park is popular with Londoners as a holiday home destination. The new owners have pledged to continue to develop the business.

Park Holidays UK, backed by majority shareholder Graphite Capital, continues to operate 24 holiday parks in southern England, including Harts.

Meanwhile, Colliers International has also completed the off-market sale of Four Horseshoes Park in Graveney, near Faversham, for around £1.2m. The mobile homes complex was sold by Fishing Temple Residential Homes to Sandwich Leisure, operators of holiday caravan parks in Sandwich and Manston.

Mr Bland added: “There remains a healthy appetite for quality businesses of this type in the UK, but the resilient nature of income streams generated by holiday parks on the back of the “staycation” effect we are experiencing, means a lack of supply for would-be buyers.”