Robin Hill Country Park in Newport has been brought to market for a guide price of £2.25 million.
The property comprises an extensive selection of attractions, including a 4D motion cinema, 777 seat amphitheatre, toboggan run, high nets adventure areas and playgrounds, as well as having food and drinks options on-site.
The park is known as the former location of the annual Bestival music festival, and in more recent times, has held nationally award-winning events such as Fiesta of the Dead and the Isle of Wight Balloon Festival, which encourages tourists to flock to the area each year.
Located in an Area of Outstanding Natural Beauty in Downend, just 2.5 miles off the south coast of Hampshire, Robin Hill benefits from car ferry services from Fishbourne, Cowes and Yarmouth, linking to Portsmouth, Southampton and Lymington.
The business is currently operated by Vectis Ventures Limited and generates income primarily from entrance fees, food & beverage, and shop sales.
The park has traditionally been open from February to October, with additional open days for special events such as the Polar Experience and Christmas parties in the winter.
Vectis Ventures had previously blamed an extended period of financial turbulence caused by Covid, the cost-of-living crisis and poor spring and summer weather, for necessitating the sale.