Kent

Margate's in-debt Dreamland to remain open

Dreamland Image copyright Getty Images
Image caption The administrators have confirmed Dreamland will continue to trade

Margate's troubled Dreamland amusement park will continue to trade while efforts are made to turn the business around, administrators have said.

The Kent attraction has racked up debts of more than £14m.

Operator Sands Heritage called in administrators Duff and Phelps in May, 11 months after the park reopened.

After a creditors' meeting, managing director of Duff and Phelps, Benjamin Wiles, said the aim was to maximise the return for creditors.

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Mr Wiles said: "A meeting of creditors was held today, during which we confirmed that Dreamland will continue to trade.

"By doing so we are able to implement a plan to turnaround the business through investment in the site, enhancing the customer experience and developing an exciting programme of future events.

"It is our aim to maximise the return for creditors, and in our experience, these enhancements and investment will improve the prospects for a successful outcome for the business."

In a separate development, the vintage Scenic Railway rollercoaster had been closed for a lift rope to be replaced by specialist engineers.

But an announcement on Dreamland's website said: "We hope the old girl will be operational by the middle of next week. Hooray! We are sorry for the wait but it will be worth it!"

It said the amusement park was "open as usual, every day throughout the summer holiday".

Image copyright Getty Images
Image caption The Scenic Railway is expected to be operational next week

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