[1] The line was dismantled and infrastructure demolished or recovered by contractors a year later, and the land on which the heritage railway station now sits resold to a local landowner.

A volunteers' supporters body, the Colne Valley Railway Preservation Society (CVRPS), was formed in 1974.

In 2014, when the 5-year lease expires on 31 December 2015, Young offered the CVRPS the option of buying the site's freehold.

The CVRPS pursued sufficient funds and loans to complete the terms by December 2015, but were told that Young's plans had changed.

[7] Later that month, it was announced by Steam Railway magazine that the proposed new site was "no longer viable" due to reasons that were not disclosed.

[8] In September 2015, CVRPS was formally converted into a charity called Colne Valley Railway Preservation Ltd.