LIFESTYLE Living UK is being marketed for sale by FRP Advisory administrators.
Jason Baker and Miles Needham of FRP Advisory were appointed as joint administrators of the holiday and residential park group Lifestyle Living UK. The business continues to trade during the process and the holiday homes will continue operating as normal.
Jason Baker, joint administrator and partner of FRP Advisory, said: “Our priority is to maintain the day-to-day operations of the caravan parks to ensure that customers and users continue to enjoy the products and facilities offered by Lifestyle Living. We continue to trade the business and ensure that the holiday and residential parks operate as normal.”
An FRP Advisory spokesperson said that “staff total around 50 across all the sites are being retained while the administrators market the business for sale”.
The Group owns a number of sites UK-wide and provides a range of purpose built and individually designed luxury lodges and static caravan units.
Baker concluded: “We have already engaged with interested parties and invite other interested parties to make early contact.”
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report
Mid-sized British firms are currently growing faster and generating more profit than their counterparts in Germany, France, Italy and Spain, despite uncertainty surrounding Brexit, says the report
Patrick Bossert will be responsible for asset intelligence strategy and digital business transformation across the UK, with a focus on central government, transport and infrastructure
UK private investor Endless LLP acquires the high street retailer, saving 840 jobs
Mark McMullen joins the private client services team from Smith & Williamson