BREAKING NEWS: Pier owners deny it has been sold

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The owners of Eastbourne Pier say they can categorically confirm Eastbourne Pier has NOT been sold to flamboyant hotelier Sheikh Abid Gulzar.

The businessman said yesterday (Wednesday) he had signed contracts and paid an undisclosed sum for the iconic structure.

But within the last hour Crown Entertainment Centres Ltd, which owns the pier, said no contracts had been exchanged, no money had changed hands and a sale had not taken place.

Richard Baldwin, the negotiator at GVA which deals with buying and selling for Crown, said, “We can categorically confirm a sale has not taken place.

“Mr Gulzar is a prospective purchaser but he has not yet exchanged, no paperwork has been signed and there has been no deposit paid.”

Mr Baldwin said the sale of the pier was like the sale of any property asset and a deposit would be paid on exchange and completion set for a later date.

“For him to say he has bought the pier is factually incorrect.”

For the story on Mr Gulzar’s claims he had bought the pier click here

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