In December 2012, an attempt to sell the pier at auction failed. Parts of the boat deck at the end of South Parade Pier broke off and washed up on Southsea beach after being battered by bad weather on the night of 5 February 2014. Shops that face the South Parade reopened in April 2015. The pier was purchased by South Parade Pier Limited in 2014, who in June 2015 submitted plans to the council to bring the pier back into use as a music venue and as a mooring for boats. By this time, 95% of the structural repair work had been completed, to shortly be followed by building refurbishment.