Weston-super-Mare’s famous Grand Pier has secured its long-term future thanks to a refinancing package.
The historic pier, one of the South West’s most prominent leisure attractions, has obtained a seven-figure refinancing package with NatWest.
The move will safeguard more than 50 full-time and 100 seasonal jobs.
The Grand Pier, originally built in 1904, was purchased by the Michael family in February 2008. They invested millions of pounds in refurbishments, only to see the pavilion destroyed by fire just a few months later. More than 100 people are employed at the Pier.
Director Michelle Michael comments: “Since purchasing the pier in 2008, we have been steadfast in our commitment to restoring the site to its former glory and shaping the pier into a modern attraction that appeals to locals and visitors alike.”