Cleethorpes Pier hits the market after owners bring "beautiful building back to life"
The Pier, Cleethorpes is hitting the market only ten months after its new owners began operating the refurbished tearoom, restaurant and private hire venue.
Whilst under the ownership of the Huxford family, The Pier was nominated Pier of the Year 2016 by the National Piers Society.
The owners, however, believe they have grown the business as far as they are capable of, mainly due to their lack of experience in the food and drink industry.
CBRE’s Leeds Specialist Markets team has been appointed to sell The Pier.
Speaking about the decision, Bryan Huxford said: “I understand that there will be some who see this decision to sell as yet another failure for The Pier, but they couldn’t be more wrong.
“I have achieved what I set out to do in bringing this beautiful building back to life and giving local residents something to be proud of. However, as a successful businessman I know that you should play to your strengths.
“Unfortunately, I am not at the right time in life to start to learn a new industry, but despite that, and my lack of experience in the food and drink sector, we have already shown what a success The Pier, Cleethorpes can be.
“So, in the right hands, I am confident that this business will continue to flourish. This has never been about making lots of money, so the priority is in finding the right buyer – one who gives me the confidence to know that I am placing The Pier and its future in safe hands that will ensure longevity of success.”
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