THE Dartmoor and Weardale railways have been offered for sale by their owner British American Railway Services (BARS).
The company, a subsidiary of Iowa Pacific Holidays, which went into receivership last year, has also placed locomotive spot hire company RMS Locotec on the market.
Iowa Pacific CEO Ed Ellis told Heritage Railway as we closed for press: “During the past 11 years, Iowa Pacific supported BARS financially. I made the decision to put Iowa Pacific into receivership last fall and concluded that it’s time to find new owners for the assets of BARS.
“Unlike in the US, very few operating railways are bought and sold in the UK, so it’s not really possible to name a price, but the market will shortly answer that question.”
The 18-mile freight-only surviving section…