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'National treasure' Brighton pier put up for sale
Brighton Palace Pier saw earnings fall to £300,000 in 2024 from £1.7 million the previous year amid declining tourism and rising operating costs, owners said.
- Brighton Palace Pier is now being offered for buyers by its owner, Brighton Pier Group, aiming to return the best value for shareholders in a difficult decision.
- The group said difficult trading in 2023–24 was driven by rising costs about 50% and a 4% drop in like-for-like sales, with non-resident fees doubled from £1 to £2.
- The Brighton Palace Pier, a Grade II* listed structure measuring 1,772ft , opened in May 1899 after three years of construction and was bought in 2016 for 18m.
- Anne Ackord said buyers would want to be in situ by the summer, signalling a push to complete a deal before peak season, and noted purchasers would need many millions.
- Anne Ackord stressed the pier’s civic and historical importance, calling it a 'national and Brighton treasure,' and said there was an element of sadness, while marketing Lightwater Valley for £3m.
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22 Articles
22 Articles
Brighton’s historic Palace Pier dubbed a 'national treasure' goes up for sale amid tumbling tourist numbers
The Grade-II listed pier has become a recognisable symbol of the historic seafront after the city's second, older pier was destroyed in a catastrophic fire
·London, United Kingdom
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The IndependentReposted by 
The Independent (US)
The Independent (US)Brighton Pier put up for sale after ‘difficult’ decline in tourism numbers
The 126-year-old structure will cost ‘many millions’ its current owners say
·London, United Kingdom
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Coverage Details
Total News Sources22
Leaning Left4Leaning Right2Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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