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:
DoI facing 'huge problem' over Peel Marina silt
Harbour due to be dredged again next year
No injuries in light aircraft accident at Ronaldsway
Emergency teams responded to incident yesterday afternoon
Milntown gardens to get upgrade thanks to lottery grant
Manx Lottery Trust give £25,000 of funding
DoI to move to monthly dredging in order to protect harbour depth
Significant work to be undertaken first by specialist contractors
Oie Voaldyn: 'Our event is not cancelled'
Claims someone is trying to sabotage event by issuing fake cancellation messages