Southwold Pier is sold

06/03/2013

Southwold Pier is to be purchased by Gough Hotels, the company behind the Angel Hotel in Bury St Edmunds and the Salthouse Harbour Hotel in Ipswich.

Stephen Bournes, who together with his wife Antonia purchased the pier in 2005, said today: “We are very excited about the sale. Gough Hotels are great operators and are passionate about Suffolk.

“They are keen to take on the hotel development and we see this as really good news for Southwold, and for Suffolk. We know Gough Hotels well and we believe we could not have found a better buyer.”

The existing pier business includes gift shops, a restaurant, cafés and an arcade of “alternative” slot machines, attracting a combined footfall of more than 750,000 visitors a year.

Plans to replace the existing pavilion with a 30-bedroom luxury Art Deco-style hotel were given the go-ahead in December 2010.

The pier ranks as the second-biggest employer in Southwold with a permanent workforce of 45, rising to nearly 100 during the summer season.

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