New operator sought for Portsmouth’s iconic Spinnaker Tower

17th February 2026 | Jack Oliver

News

A new operator is being sought to occupy the iconic Spinnaker Tower in Portsmouth.

Colliers’ Licensed & Leisure team has been appointed by Portsmouth City Council to find a suitable tenant for the 170-metre tower, which sits at the entrance to Portsmouth Harbour.

The tower comprises three viewing decks, along with a kitchen and bar on the waterfront at the base, and a café located on the second viewing deck. The tower also operates as an events space with provisions to host functions and seasonal events.

Spinnaker Tower is also complemented by its close proximity to the Gunwharf Quays outlet shopping centre, which sits adjacent.

The tower benefits from strong connectivity via Portsmouth Harbour train station, numerous ferries, and motorway links to the rest of the south. The Portsmouth Historic Dockyard is within a 10-minute walk, while Portsmouth city centre is a five-minute drive or under a half an hour walk away from the tower.

Paul Bugeja, director in Colliers’ Licensed & Leisure team, said: “The Spinnaker Tower is not only an architectural icon, but also a proven visitor destination. We expect strong interest from a range of operators who will jump at the opportunity to reinvest and unlock the untapped potential to create a unique leisure destination within the south coast’s most recognisable landmark.”

Councillor Steve Pitt, leader of Portsmouth City Council, added: “The Spinnaker Tower is our city’s beacon, and we are looking to unlock the next chapter for this much‑loved landmark. Working with Colliers, we want a new operator who will invest, innovate and deliver an even better experience for residents and visitors.

“We’re opening the door to experienced leisure operators who can bring imagination and vision to one of the UK’s most recognisable waterfront attractions and take it to the next level. The right partner will not only help us grow Portsmouth’s thriving visitor economy but will also ensure it continues to be one of the country’s premier attractions for years to come.”