Nightcap acquires Brighton's i360 tower, clears £51 million debt

The i360 observation tower in Brighton has been acquired by Nightcap Limited, a hospitality group that operates 46 venues across the UK. This acquisition follows the attraction's administration last November and subsequent writing off of its £51 million debt by Brighton & Hove City Council, paving the way for a fresh start. Sarah Willingham, the founder of Nightcap, expressed her delight at the purchase, emphasizing the importance of the i360 to local businesses and the community. The new ownership aims to revitalize the tower and its associated hospitality space, ensuring its continued operation as a key landmark on the Brighton seafront. Local council officials view this sale as a beneficial move for the city, and the West Pier Trust looks forward to partnering with Nightcap. Willingham hopes to garner community support as they embark on this new chapter for the i360.