THE dilapidated Birnbeck Pier at Weston-Super-Mare has been sold to a new company led by the director of its previous owner.
The sale was made after the High Court ordered the pier should be sold by January 22 following a loan dispute.
It is now in the hands of Birnbeck Holdings Ltd, a new company owned by Wahid Samady.
CNM Estates said it would now begin repair works “without the hindrance of historical litigation”.
The sale is the latest turn in a long-running saga over the fate of the pier, which has been closed to the public since 1994 over safety concerns.
A North Somerset Council spokesman said: “Although there has been a notional transfer of ownership of Birnbeck Pier, the director is the same person who has owned the historic structure for over a decade.
“We remain deeply concerned that the pier has been neglected to such an extent that Historic England has put Birnbeck at the top of the National Buildings at Risk Register.”
Last September North Somerset Council served CNM Estates with a compulsory purchase order.
The plan is to secure the ownership of the pier then transfer the landmark to the RNLI which wants to return its operations to the island and restore public access.
The RNLI is supporting the CPO and hopes to return to the lifeboat station where it was based for 131 years, before leaving in 2013.