Lincoln Retirement Village bought by major caravan park operator

A Lincoln retirement village owned by the same family for 50 years has been sold to one of the UK’s largest caravan park operators. The Elms near Lincoln was originally a holiday park, but was later turned into a residential site for the over 50s by John Kinch and his son Stuart.

The 339-home site is set in 65 acres of countryside, at Torksey Lock, and has now been purchased for an undisclosed sum by Cove Communities, an international resort operator. Stuart Kinch, owner of The Elms, said: “The Elms has been in the Kinch family for 50 years, so who we entrusted with the sale of the park was very important.

“We had a lot of interest, but ultimately decided to sell to Cove Communities due to their excellent reputation in the industry and the family approach we received from their team. We are incredibly proud of the accomplishments of our family. We are sad to end our time with The Elms Retirement Village, which is a truly exceptional development. We are assured that Cove will continue our good work.

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Cove Communities is now the fifth largest operator of caravan parks in the UK, having also recently acquired land in locations from Scotland to Cornwall. Mark Seaton, the company’s Managing Director, said: “The Elms is a fantastic site which has been lovingly developed by the owners and team members.

“At Cove we want to add great properties in great locations and this residential site fits that profile. It fits naturally into our portfolio and will be retained as a residential site. Cove is constantly looking for new development opportunities. ‘acquire resorts but will only do so if it matches the quality of our existing parks.’

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