Isle of Wight County Press Online

Buyer found for harbour

By Ross Findon

Thursday, November 10, 2011

 

Buyer found for harbour

Bembridge Harbour.

A BUYER has been found for Bembridge Harbour.

An offer has been accepted on the 150-acre harbour, and due diligence is now being carried out on the unnamed bidders.

The Bembridge Harbour Trust was notified on Monday that its bid had not been selected by Portsmouth agents Vail Williams.

The harbour was put on the market after the company that owned it went into administration, with debts of more than £3 million.

Reporter: ross.findon@iwcp.co.uk

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