Market Leads & Opportunities
Avison Young appointed to sell part-developed glamping site
Avison Young has been appointed to sell a part-developed luxury holiday lodge and glamping site in North Yorkshire on behalf of administrators.Totaling 112 acres, the former Ryedale Exhibition and Leisure Centre off Malton Road, Pickering, has planning permission for 133 holiday park lodges and accompanying facilities.Three of the one, two and three-bedroom lodges, as well as 60 of the glamping pods have already been built, with foundations laid for an additional 57 lodges. The site also features a 45,247 sq ft modern warehouse, designed to be used as an events arena for future guests and a tenanted gas well producing £36,500 rent per annum.David Shambrook and Tony Wright from specialist business advisory firm FRP Advisory were appointed as joint administrators of Pickering Vale (RLH) Ltd in September.
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