The daughter of a Blackpool amusements magnate has stepped in to purchase a key piece of real estate on Blackpool’s Golden Mile.
Gayna Sedgwick-Ruddigan, whose father Peter owns the resort’s three piers, has paid over £1.5m to purchase the Fish Factory chip shop and adjoining retail units, after having leased the space since 2013.
The building itself was constructed in 2005, on the site of what was once the Grab City complex – which burned to the ground due to arson three years earlier. Distinctive for its glass pyramid roof, the venue is positioned opposite the entrance to the Central Pier, and includes the Number 13 Bonny Street pub, as well as a shopping court.
Speaking to the Blackpool Gazette last week, Gayna said that the prime siting of the Pyramid made her “proud” to be its new proprietor.
“To me it’s like owning something in the middle of Oxford Street,” she remarked. “My family originate from the fairground and have expanded their business over 40 years…we have a deep understanding of the property market and we know what customers want.”
Indeed, Sedgwick’s purchase of the Pyramid was made possible by way of a loan from commercial real estate lender Together, who said they signed off on the mortgage due to Gayna’s “wealth of family experience.”