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Brighton Palace Pier Put Up for Sale With Knight Frank Seeking Buyer by Summer

The owner is selling to return cash to investors after a sharp earnings slump.

Overview

  • Brighton Pier Group has formally appointed Knight Frank to run the sale and is inviting offers without a disclosed guide price.
  • Chief executive Anne Ackord said prospective buyers would need "many millions" and indicated a handover is sought before the peak summer season.
  • Company accounts show 2024 revenue of £14.9 million and EBITDA of £300,000, down from £1.7 million in 2023, with the pier’s net book value written down to £13.7 million.
  • Management cites poor summer weather, softer tourism to Brighton, and higher labour and insurance costs as pressures; a non‑resident admission fee introduced in 2024 was doubled to £2 in March 2025.
  • The sale forms part of a wider divestment program that includes marketing Lightwater Valley, and Brighton & Hove City Council said it will work with current and future owners.