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Southsea's South Parade Pier fails to sell at auction | |
(about 11 hours later) | |
A Victorian pier has failed to find a new owner after being put up for sale at auction. | |
South Parade Pier in Southsea, Portsmouth, had a guide price of £190,000 to £210,000 at the Clive Emson Auction in Southampton earlier. | |
The Grade II listed pier closed in October after engineers found it to be structurally unsafe and "a danger to the public". | The Grade II listed pier closed in October after engineers found it to be structurally unsafe and "a danger to the public". |
Experts hope it could be purchased in a post auction deal. | |
The auction catalogue described it as offering "huge scope and potential" for a new owner. | |
The Who | |
Rob Marchant, from Clive Emson, said interested parties included an amusement arcade enthusiast and a current pier owner. | |
He said: "We are in talks and hope to find a new owner soon. | |
"Other privately-owned piers have shown they can be commercially viable and this is a great looking pier with magnificent views. | |
"I'm sure there is an investor out there who could revive the fortunes of this grand old structure." | |
The original pier was destroyed by fire in 1904 and required a complete rebuild at a cost of £85,000. | The original pier was destroyed by fire in 1904 and required a complete rebuild at a cost of £85,000. |
Previously popular as a terminal for ferries to and from the Isle of Wight it was latterly used as the backdrop for The Who's rock opera Tommy. | Previously popular as a terminal for ferries to and from the Isle of Wight it was latterly used as the backdrop for The Who's rock opera Tommy. |
In 1974, another fire left it requiring a further rebuild. | In 1974, another fire left it requiring a further rebuild. |
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