A well-known coastal pub with stunning views over the North Sea has shut down after 33 years in the same family, with the owners blaming soaring costs.

The Gibraltar Rock overlooking the priory and King Edwards Bay in Tynemouth has been run by the Robinson family since 1991.

The pub closed on New Year’s Day, with owners today confirming it will not be reopening.

In a statement posted to social media they blamed rising costs, including a £60k energy bill last year.

The owners said: “Despite many great years, challenges such as Covid, storm Arwen, and the energy crisis have taken a huge toll.

“Rising costs across the board, including a £60k increase in our electricity bill alone last year, have made the future of the business unsustainable.

“The current and future economic climate further contributed to our decision to close our doors permanently.

“Unfortunately, after 33 years, it's time to say goodbye.

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“We appreciate the years of support from our customers in both good and bad times and we thank the staff for their understanding and professionalism during what has been the most difficult and frustrating situation.”

Companies House documents show liquidators were brought in last week.

The news was met with an outpouring of love from former customers online with many expressing their sadness at the news.