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Cleethorpes Pier fails to reach auction guide price | Cleethorpes Pier fails to reach auction guide price |
(about 4 hours later) | |
A pleasure pier which opened in 1873 has failed to reach its £400,000 guide price at auction. | A pleasure pier which opened in 1873 has failed to reach its £400,000 guide price at auction. |
At 335ft (100m), Cleethorpes Pier in North East Lincolnshire is one of the shortest in the UK. | |
Tina Waterfall, of auctioneers Swindells, said the pier - which was built at a cost of £8,000 - had twice been sold in the past for over £1m. | Tina Waterfall, of auctioneers Swindells, said the pier - which was built at a cost of £8,000 - had twice been sold in the past for over £1m. |
She said the pier could still be bought in the next 28 days if an increased bid was put in. | She said the pier could still be bought in the next 28 days if an increased bid was put in. |
Ms Waterfall said: "It's in the best state of repair it's been in for years." | Ms Waterfall said: "It's in the best state of repair it's been in for years." |
Invasion fears | Invasion fears |
The pier and its pavilion, owned by a local businessman, could now be rented out to tenants if a suitable offer is not received, Ms Waterfall added. | The pier and its pavilion, owned by a local businessman, could now be rented out to tenants if a suitable offer is not received, Ms Waterfall added. |
Cleethorpes Pier was mainly financed by a railway company in an attempt to attract Victorian tourists to the resort. | Cleethorpes Pier was mainly financed by a railway company in an attempt to attract Victorian tourists to the resort. |
When it first opened, the walkway was 1,200ft (365m) long but in World War II a section of the pier was removed amid fears of German invasion. | When it first opened, the walkway was 1,200ft (365m) long but in World War II a section of the pier was removed amid fears of German invasion. |
After the war the isolated part of the pier was demolished, reducing it to its present length. | After the war the isolated part of the pier was demolished, reducing it to its present length. |
In 2011 the pavilion underwent a £250,000 refurbishment. | In 2011 the pavilion underwent a £250,000 refurbishment. |
The auction was held on the pier at Cleethorpes' North Promenade. | The auction was held on the pier at Cleethorpes' North Promenade. |