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[Brighton] i360 filing for administration



Dave the OAP

Well-known member
Jul 5, 2003
46,782
at home
Yes Brighton has had a number of mysterious development fires in the past, e,g, The Bedford Hotel, and some say Hove Town Hall. But the arson attack on the West Pier was to prevent it being restored and thereby providing competition for the Palace Pier. The i360 scheme did not materialise until several years later.
Allegedly
 








Not Andy Naylor

Well-known member
Dec 12, 2007
9,014
Seven Dials
Yup, saw that. Maybe they could come on here and put the West Pier Trust's side of things
Sure, what would you like to know?

Regarding the sale of artefacts, the items being flogged are some of the very few saleable assets the trust owns (apart, obviously, from a large amount of rusting iron where a grade 1 listed pier used to be). If a museum wants to buy any, I understand we are open to offers. We also have a complete kiosk that was salvaged from the West Pier wreckage, which represents a much more substantial chunk of the city's heritage than a few brackets and seat backs, but it's costing the earth to store and all efforts to finance its restoration and rebuilding (on the hard standing in front of the West Pier Centre) have come to nothing. We have approached wealthy individuals and companies as well as applying for Heritage Lottery funding, but to no avail.

The Trust is a charity and has a paid chief executive, but the trustees all give their time for nothing, and the centre staff are volunteers. We pay rent to the council for the Centre, but our major source of income was rent from the i360, of which we are landlords. What happens to that now is, er, up in the air.
 
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Not Andy Naylor

Well-known member
Dec 12, 2007
9,014
Seven Dials
I do like a quick audit of charity financial statements from the charity commission website.

Fact Check:

Last years accounts show that the trust spent £69,130 on 1.4 roles. CEO and Business Manager. This figure includes employer NI but there is no pension scheme.

If she has been receiving £70k a year ‘for decades’ she is not now.
She certainly hasn't been receiving anything like that, and has taken a voluntary pay cut.
 




Tom Hark Preston Park

Will Post For Cash
Jul 6, 2003
72,658
Sure, what would you like to know?

Regarding the sale of artefacts, the items being flogged are some of the very few saleable assets the trust owns (apart, obviously, from a large amount of rusting iron where a grade 1 listed pier used to be). If a museum wants to buy any, I understand we are open to offers. We also have a complete kiosk that was salvaged from the West Pier wreckage, which represents a much more substantial chunk of the city's heritage than a few brackets and seat backs, but it's costing the earth to store and all efforts to finance its restoration and rebuilding (on the hard standing in front of the West Pier Centre) have come to nothing. We have approached wealthy individuals and companies as well as applying for Heritage Lottery funding, but to no avail.

The Trust is a charity and has a paid chief executive, but the trustees all give their time for nothing, and the centre staff are volunteers. We pay rent to the council for the Centre, but our major source of income was rent from the i360, of which we are landlords. What happens to that now is, er, up in the air.
Thanks for taking the time to reply, appreciate it. Just seems to me that selling off some of the pier's heritage to, er, preserve the pier's heritage is counter-intuitive. And the kiosk, is it that little one that was one of the last intact bits of the pier at the time of the final fire(s)? Got some photos somewhere. Beautiful-looking thing. Couldn't it be fully restored using a small fraction of the funds the trust holds? I'm not an accountant, but the latest accounts talk about the trust holding £1.8m. Or is that all spoken for? Cheers

Screenshot_20241222_104838_Drive.jpg
 


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
63,009
The Fatherland
Time for Tim Martin and the gang to step in and save it

Imagine the luxury of sipping on a £1.65 pint of Carling whilst being able to vaguely see the outline of the Isle of Wight
You could compare which is more past it’s sell-by date, the beer or the Isle of White.
 


Official Old Man

Uckfield Seagull
Aug 27, 2011
9,178
Brighton
We pay rent to the council for the Centre, but our major source of income was rent from the i360, of which we are landlords. What happens to that now is, er, up in the air.
This interests me. So the West Pier Trust own the land on which the i360 is situated?
Presuming they had a lease with the usual terms, failure to pay the rent would mean you get back the land. I'll presume the administrators will ensure the rent is paid (this week if I'm correct) and so they will continue to lease the land.
As to the kisok. If it is the old Rock Shop that has been replicated as a ticket office, that was falling apart anyway so there cant be much of it left.
Reminds me of the kiosk at the bottom of West Street that was removed and placed in storage. It has been rebuilt outside the Queens Hotel. Ask the owners and they'll show you the beam on the side, the only 'original' piece of the building.
 






Cheshire Cat

The most curious thing..
Has anyone/wealthy benefactor/organisation ever had a stab at the cost of rebuilding the pier?
Only with a can of petrol and a match.
 


Not Andy Naylor

Well-known member
Dec 12, 2007
9,014
Seven Dials
Thanks for taking the time to reply, appreciate it. Just seems to me that selling off some of the pier's heritage to, er, preserve the pier's heritage is counter-intuitive. And the kiosk, is it that little one that was one of the last intact bits of the pier at the time of the final fire(s)? Got some photos somewhere. Beautiful-looking thing. Couldn't it be fully restored using a small fraction of the funds the trust holds? I'm not an accountant, but the latest accounts talk about the trust holding £1.8m. Or is that all spoken for? Cheers

View attachment 194039
This is the kiosk:

 




Not Andy Naylor

Well-known member
Dec 12, 2007
9,014
Seven Dials
Has anyone/wealthy benefactor/organisation ever had a stab at the cost of rebuilding the pier?
There have been various estimates (and, before my time, cash offers) but these have failed to take into account all sorts of hidden costs. For example, the existing structure (which is dangerous) may look rickety but the Victorians knew a thing or two about sinking piles into seabed and it would be massively expensive just to clear the site. Then you'd probably want all sorts of enabling structures (hotels, casinos etc) either at the shore end or on the pier itself, which would almost certainly not get planning permission. It would need a benefactor with almost limitless cash, who would be prepared to lose loads of money reinstating the original Victorian pier or something close to it.

There was an estimate of £50m - £100m back in 2016.


Lottery money was all lined up and ready to go before the arson attacks but the offer was withdrawn after that.
 


Tom Hark Preston Park

Will Post For Cash
Jul 6, 2003
72,658
This is the kiosk:

I'm thinking it may well be the big one to the right of my second (colour!) photo. Remember thinking at the time how amazing it was that the entire main structure of the pier had been gutted by fire yet the kiosks remained relatively intact

IMG_20241222_125231.jpg


IMG_20241222_125350.jpg
 


Not Andy Naylor

Well-known member
Dec 12, 2007
9,014
Seven Dials
This interests me. So the West Pier Trust own the land on which the i360 is situated?
Presuming they had a lease with the usual terms, failure to pay the rent would mean you get back the land. I'll presume the administrators will ensure the rent is paid (this week if I'm correct) and so they will continue to lease the land.
As to the kisok. If it is the old Rock Shop that has been replicated as a ticket office, that was falling apart anyway so there cant be much of it left.
Reminds me of the kiosk at the bottom of West Street that was removed and placed in storage. It has been rebuilt outside the Queens Hotel. Ask the owners and they'll show you the beam on the side, the only 'original' piece of the building.
I've written enough about football club administrations [#twats], CVAs etc, to know that we can only wait and see what the administrators come up with. Without my WPT hat on, I'm not sure anyone would want a patch of land with an i360 on it ...
 




tedebear

Legal Alien
NSC Patron
Jul 7, 2003
17,168
In my computer
There have been various estimates (and, before my time, cash offers) but these have failed to take into account all sorts of hidden costs. For example, the existing structure (which is dangerous) may look rickety but the Victorians knew a thing or two about sinking piles into seabed and it would be massively expensive just to clear the site. Then you'd probably want all sorts of enabling structures (hotels, casinos etc) either at the shore end or on the pier itself, which would almost certainly not get planning permission. It would need a benefactor with almost limitless cash, who would be prepared to lose loads of money reinstating the original Victorian pier or something close to it.

There was an estimate of £50m - £100m back in 2016.


Lottery money was all lined up and ready to go before the arson attacks but the offer was withdrawn after that.

Thanks, not an inconsequential sum! Would have loved to see it restored, but pretty unlikely now...
 


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