Rare opportunity to purchase. Stunning panoramic sea views, period features from the 1860s, own funfair and ferris wheel. Local facilities include ice-cream booths and donkeys. OIRO £4.8 million. Early viewing highly recommended.
Blackpool’s central pier is one of three piers put up for sale yesterday by Cuerden Leisure, the attractions operator.
Bilfinger GVA, which is managing the sale, is also looking for a new owner for Blackpool’s south pier, built in 1892 and valued at an initial £3.3 million, and Llandudno pier, known as the “queen of Welsh piers”, with a price tag of about £4.5 million.
Richard Baldwin, the director at Bilfinger GVA, said that pier owners operated the majority of the amusement arcades and other attractions on the piers, although some were made available as concessions to third parties for an annual fee.
Those concessions generated an income of more than £1.6 million for the three piers, he added.
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The piers’ relatively small size makes it unlikely that trade buyers such as Merlin Entertainments will show an interest, keeping the field clear for an individual or consortium.