[1][4] The station was closed to passengers by BR on 3 December 1951[1][4] because of the prohibitive cost of maintaining and repairing Bolsover Tunnel, together with concerns over Doe Lea Viaduct and the limited amount of traffic.

[6] Market Place station was situated on West Bars, adjacent to two old inns; the White Horse and the Bird in Hand.

To take advantage of the additional custom generated by the railway, the owners of the White Horse, William Stones brewery of Sheffield, applied to build a new hotel.

Building of the first phase commenced on the site of the Bird in Hand which had closed and had recently been demolished, its licence being transferred to the refreshment rooms in Market Place station.

The hotel, named after the Duke of Portland, on whose estate much of the railway ran, was officially opened Christmas 1899 by the Earl of Rosebery Archibald Primrose.

Leaving the station, the line passed the Saxby and Farmer 80 lever station signal box,[18][19] crossed Park Road by an arched brick bridge then travelled along a short length of embankment followed by Boythorpe Viaduct which crossed the MR's Brampton Branch[20] and the industrial "Boythorpe Railway",[21] then a longer stretch of embankment leading to a major viaduct at Horns Bridge, which passed over the Midland Railway, main roads to Mansfield and Derby, the Great Central Railway, Hyde's Sidings and the River Rother.

[25] In August 1948, its unused track and space was put to work to house the Stephenson Centenary Exhibition of locomotives and rolling stock.

[29] After closure to passengers, the tracks into the platforms were lifted[30] and the line to Arkwright Town was singled and operated on the "one engine in steam" basis.