Construction of the railway was funded by the publisher
George Newnes, also proprietor of the
Lynton and Lynmouth Cliff Railway, and as at Lynton and Lynmouth the engineer was
George Croydon Marks. Construction of the line started in March 1891. The wide tunnel was bored through the limestone cliffs using both machine-drills and hand-drills and then lined with bricks. It took two years to construct and cost £30,000 ()three times its original estimate. Propulsion was by the
water-balance method, in which the cars of each pair were connected by a cable running around a pulley at the upper station; a large tank on each car was filled with water at the top and the extra weight provided the motive power. The railway opened on 11 March 1893 and carried 6,220 passengers on the opening day, and 427,492 in the first year of operation. After this strong start, passenger numbers steadily declined until 1908, when the company was declared bankrupt. for £1,500 (). In 1922 Hotwell Road was enlarged as a fast road called Portway, eliminating the tram to Bristol and the
Bristol Port and Pier Railway Hotwells railway station near the bottom of the Cliff Railway. The changes caused passenger numbers to drop sharply, and the last train ran on 29 September 1934. and as an
air-raid shelter for local residents. The BBC continued to use parts of the tunnel until 1960. == Operations ==