Southwold Pier sale ‘creating interest’
AGENTS handling the sale of Southwold Pier are expecting interest to pick up as the summer season draws to a close.
Despite August being a traditionally quiet month for the property market, Christie and Co say they are pleased at how things have gone since the pier was put up for sale in July - and they're now expecting things to pick up.
Director Tim Gooding, based in Ipswich, said: 'The initial level of inquiries was very encouraging... August is always a relatively quiet month because there are lots of people away. We expect there to be more activity in September.
'We are pleased with how things are going. However I am unable to say any more at this stage.'
Current owners Stephen and Antonia Bournes put Southwold Pier on the market in July for �6m.
You may also want to watch:
The couple decided to sell up because they could not commit to a planned multi-million-pound extension.
Permission for a new 30-bedroom luxury hotel to replace the existing pavilion was given the go-ahead in December last year.
- 1 Man arrested on suspicion of firearms offences in Lowestoft
- 2 Man hands himself into police after firearms incident in Lowestoft
- 3 Major Lowestoft road partially closed due to police incident
- 4 A47 set for two weeks of roadworks from Monday
- 5 Historic Lowestoft pub transformed as new seafood restaurant opens
- 6 Smokehouse welcomes arrival of new fish smoking kiln - by crane
- 7 Unique 'upside down' home with panoramic views is for sale
- 8 A146 closed after crash near Worlingham
- 9 Woman who was found with maggots living in hand evicted from care home
- 10 Plans for ex-restaurant to become pub revealed as licence granted
It was originally due to cost between �2m and �3m but, with the scheme, which was three years in the making, now estimated at �5m, it is no longer financially viable for the couple, who have two teenage sons.
The pier is the second biggest employer in Southwold and has 45 full-time staff, which rises to 95 in the summer season.