Published on Monday, 5 September 2016
We have been instructed to offer The Pier, Cleethorpes For Sale.
After more than three years of operating and refurbishing the Pier, Cleethorpes as a tearoom, restaurant and private hire venue, the current owners have reluctantly decided to sell the iconic building.
The Huxford family are immensely proud of what has been achieved so far with the impressive restoration and refurbishment of The Pier, which has been nominated Pier of the Year 2016 by the National Piers Society. However, they now believe that they have taken the business as far as they are capable, due to a lack of experience in the food and drink industry.
Despite the heavy financial and personal investment in the building, Bryan Huxford believes it would be better for The Pier, the surrounding resort and local residents, to hand the opportunity to a buyer who has the expertise to achieve the business’ full potential.
Speaking about the decision, Mr Huxford said: “I understand that there will be some who see this decision to sell as a 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.”
We are instructed to act as joint agents with CBRE in Leeds. For further information please contact Carl Bradley on 01482 645522.