Potential buyer currently unnamed
Plans have been put forward to make part of Port St Mary Railway station into a toy museum.
The rest of the structure would become office accommodation, if the as yet unnamed prospective buyer gets planning approval.
Here's John Moss:
Ben-my-Chree sailing cancelled due to 'technical issues'
All Manannan journeys are going ahead as planned
81 'unsafe squishy toys' seized
Parents urged to check for unsafe items
Manx Utilities open 'prior information notice' for Garff Sewage Treatment works
It says it's not a 'competitive tender process' at this stage
Island takes centre stage as TT film crew to return
Filming of 'Isle of Man' to continue next month