Three historic UK piers have come to market with a collective price of £12.6m.
GVA in Leeds has been instructed to sell all three, two in Blackpool and one in Llandudno, which are owned by established leisure attraction operator Cuerden Leisure.
They are on the market with individual guide prices of £4.8m for Blackpool Central Pier, £3.3m for Blackpool South Pier and £4.5m for Llandudno Pier.
Income is predominantly generated through a number of annual concession agreements on each of the piers, which collectively generate an income of more than £1.6m per year.
Richard Baldwin, director in Bilfinger GVA’s retail, hotels and leisure team, said: “Each pier is being offered for sale freehold, subject to the various concession agreements in place. As profitable attractions we are confident this sale will attract major interest.”
