Harrison Drury supports resort expansion with multi-million-pound acquisition

Independent northern law firm Harrison Drury has advised Luxe Leisure Resorts on the acquisition of Cheverton Copse Holiday Park on the Isle of Wight in a multi-million-pound transaction.

Established in 2011, Luxe Leisure Resorts has offices in Lancaster and employs 45 people. The group owns six parks across the Isle of Wight, Lancashire and Yorkshire, offering holiday accommodation and holiday home ownership in coastal and countryside locations.

Set in woodland surroundings between Sandown and Shanklin, Cheverton Copse joins Luxe Leisure Resort’s portfolio of six holiday locations across the Isle of Wight, Lancashire and Yorkshire, including Greendales Farm near Morecambe.

The acquisition comes as domestic holidays remain a substantial market, with British residents taking an estimated 32.1m overnight holiday trips across the country in 2025, generating £12.4bn in spending, according to the Great Britain Tourism Survey.

Harrison Drury’s corporate and commercial property teams advised on the purchase with corporate partner Jack Stephenson leading the work alongside commercial property colleagues Hannah Hughes and Rhian Hawkins. 

Myles McCarthy, director at Luxe Leisure Resorts, said: “Cheverton Copse has everything we look for in a new park - a beautiful, peaceful setting within easy reach of a local town for our guests to explore. With six locations now in the group, we want to give people reasons to return while preserving the character that makes each one special. 

“The team at Harrison Drury was approachable and clear in their advice. Jack, Hannah and Rhian took time to understand what we wanted to achieve and helped us work through the decisions involved in the purchase. We appreciated having them alongside us during this deal.”

Jack Stephenson said: “As people consider holiday options closer to home, businesses such as Luxe Leisure are well placed to meet that demand. Adding Cheverton Copse to its portfolio gives customers more choice and marks another step in the team’s plans to grow the business.

“Hannah, Rhian and I worked closely with the Luxe Leisure team to talk through the business and property aspects of the purchase, how they fitted together and what they meant for the team’s plans.

“It’s been a pleasure to help bring this acquisition together, and we look forward to seeing how the team builds on it as the business grows.”

Tozers advised the sellers, while Forbes acted for the bank.