Cosgrove Leisure Parks UK has completed the acquisition of Stonham Barns Park in Stonham Aspal, Suffolk, marking a new chapter for the beloved holiday and leisure destination.
The purchase, finalised on 9 July, aims to introduce fresh ideas and improvements to the park, enhancing the experience for visitors and guests.
The acquisition is part of Cosgrove Leisure Parks' strategy to expand its portfolio, which includes several parks across the South-East and London. Managing Director Patrick Cosgrove expressed enthusiasm about the new venture, stating, “We are delighted to confirm that, as new owners of Stonham Barns Park, we are looking to introduce fresh ideas and improvements.” Planned upgrades include modernising accommodation, expanding activity programmes, and enhancing the retail experience.
Stonham Barns Park, known for its vibrant retail spaces and diverse activities, is set to benefit from increased employment opportunities and a boost in tourism under the new leadership. The park's amenities include over 40 shops, eateries, and a variety of recreational activities, alongside hosting around 30 events annually at its Mid-Suffolk Showground.
David Hinrichsen, partner at FRP Advisory, commented on the sale, noting, “Cosgrove Leisure Parks UK is an experienced, family-run operator with a track record of investing in the parks it acquires, and it is well placed to take Stonham Barns Park forward.”
The Cosgrove family, spanning three generations, is committed to maintaining the park's traditional family values whilst elevating its offerings. Visitors can look forward to an invigorated experience with exceptional holidays, retail therapy, and a wealth of activities
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