HOPES were raised over the future of Pontin’s holiday camps after administrators confirmed they had received 10 offers for the chain.
Administrators at KPMG said they were confident of securing a sale in the coming weeks after receiving the initial bids for Pontin’s.
The holiday company called in administrators in November, but all five sites – at Brean Sands in Somerset, Camber Sands in Sussex, Pakefield in Suffolk, Prestatyn Sands in Wales and Southport in Merseyside – are being run as normal while a buyer is sought.
KPMG said it had paid all staff wages for Pontin’s 850 employees and said pension contributions were up to date.
KPMG said most of the bidders were interested in keeping the business going and retaining the Pontin’s brand.
But in a blow to unsecured creditors, administrators said they were unlikely to receive enough money from the sale to pay the £3.6m owed to them.
Pontin’s, best known for its blue coat entertainers, collapsed into administration after struggling in recent years from the arrival of cheap package holidays.
