Pier

ONE of the UK’s most iconic piers is up for sale, and new owners could be in place as early as the summer.

The 126-year-old structure is on the market following “difficult” years caused by bad weather, rising costs and falling footfall.

Brighton’s Grade II* listed Palace Pier has been put up for sale by the Brighton Pier Group, who said the decision to sell was taken to secure the best possible value for shareholders.

A Grade II* listed building designation means the property is a “particularly important building of more than special interest”, elevating its status above that of a standard Grade II listing.

The company previously described 2023 and 2024 as “difficult” years for business, citing bad weather, a fall in visitor numbers to Brighton, and overall costs rising by “about 50 per cent”.

The group’s CEO Anne Ackord said: “The pier is an integral part of Brighton and I know the local council and residents appreciate that.”

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She added: “Of course there is an element of sadness. It has been a difficult decision but we have shareholders and we have decided that our duty is to them.

“It’s not just a national treasure, but a Brighton treasure as well. You are buying a piece of history.”

Ms Ackord also remarked that any buyer “would want to be in situ by the summer”, indicating that the sale could be finalised before the busy holiday season starts.

While the price has not been publicly disclosed, she said interested buyers would need “many millions” to purchase the pier.

In 2016, the Brighton Pier Group purchased the landmark, which opened in May 1989, for £18million.

But in November 2025, the group confirmed it was considering selling the 1,772ft (540m) pier after like-for-like sales fell by four per cent in 2024, in comparison to 2023.

In response to declining revenue, an admission fee of £1 for non-residents was introduced in 2024, before being doubled to £2 in March of the same year.

THE future of a historic pier and its record-holding railway remain in doubt as repairs and ownership questions drag out.

Hythe Pier in Hampshire is the UK’s seventh-longest of its kind but has been shut for more than a year, and has kept essential ferry services out of reach.

Located in Hampshire, the pier is a crucial stopping point for the Hythe Ferry, which ran regular services to Southampton before the closure.

The pier is also home to a historic ferry train which having opened in 1922 makes it the world’s oldest, a feat recognised by Guinness World Records.

Concerned residents have been searching for answers about when the pier would open and ferry services resume given that repair and electrical works seem to have concluded.

Services were suspended in August last year over health and safety concerns when damage was found underneath the landing pontoon.

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But the ferry service never resumed, and the pier was once again closed in autumn this year to carry out electrical work.

“Essential works to support the pier and ferry operations are progressing,” a spokesperson for the ferry company told the BBC.

When contacted by The Sun, the ferry’s spokesperson said algae on the pier needed to be cleared out before services could resume. However, cleaning could only occur once the weather had dried up for a period of time, so the algae was likely to be removed in spring.

This is a blow for locals who have waited months for answers about when they could expect the ferry to be up and running again.

What has made the situation more complicated is a change in ownership of the Hythe and Southampton Ferry Company.

Investment firm Njord Partners has taken over Red Funnel, which owned the ferry company, but it has not been made clear how this would impact services.

“We simply don’t know anything about whether the Hythe Ferry was included in the takeover, and as the tenant of the pier, it’s their responsibility to determine when it can reopen again – we’ve asked them and had no answer,” vice-chair of the parish council, Mark Clark, told the BBC.

A PR firm representing Red Funnel issued a statement on the matter saying there was work being done to find solutions for a “sustainable future.”

“We’re pleased to confirm that the owners of Hythe Pier recently completed critical electrical repairs,” read the statement to the BBC.

“This is an important step forwards but there is still work to be done.

“The ferry is a historic and much-loved service, and we are working hard behind the scenes, together with local partners, to find the right solution and secure a sustainable future”.

The pier is owned by local councillor Ashleigh Mutimear-MacMillan who said it was closed by the tenant – Southampton and Hythe Ferry Company – and she was considering getting the pier registered as a charity.

“Decisions about access, operation and reopening sit with the Hythe Ferry,” she wrote in a Facebook post.

“As the pier owner, I continue to engage with the tenant and have been working to resolve electrical issues affecting the pier and associated community facilities.”

Mutimear-MacMillan said her idea of switching the pier business to a charity was because “the only income to the pier is rental income, and the full annual income has already been spent on essential electrical works.”

“There are no further funds available at this time through the private limited company, which is why longer-term funding options are being considered,” she wrote.