A mystery buyer has purchased Bembridge Harbour on the Isle of Wight

Bembridge Harbour has been sold but the identity of the buyer is unlikely to be revealed until the new year.

Six bids were received for the 150-acre harbour, which was put on the market after the company that owned it went into administration with debts amounting to more than £3 million.

Bembridge Harbour Trust, a registered charity, which had hoped to buy the harbour and preserve it as an area of natural beauty, while maintaining its boating facilities, has announced that its bid was unsuccessful.

“We’re very disappointed”, said Michael McInnes, chair of the trust, but he added, “We’re not closing the door on our objective of acquiring the harbour or being involved in any way in its future ownership or its future management.”

Portsmouth agents Vail Williams will announce the name of the successful bidder once due diligence checks have been carried out.

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Bembridge Harbour goes into administration

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