Plymouth Hoe's big wheel stops turning two months early
THE Hoe's 'Plymouth Eye' is set to be dismantled and hauled away after it unexpectedly stopped turning more than two months early.
Mystery surrounds the reasons behind the sudden closure of the popular attraction – and council chiefs say they have been unable to contact the wheel's owners, amusements firm Shipley Investments Ltd.
In August The Herald reported how Birmingham-based Great City Attractions Global Limited, which brought the 53-metre structure to Plymouth last summer, had gone into administration and ceased trading. Shipley Investments Ltd, which is based in nearby Dudley, in the West Midlands, reclaimed the structure prior to administration and brought in a new operator, The Hall Organisation Ltd.
At the time, the administrators for Great City Attractions Global, Leicester-based G2 Insolvency Limited, told The Herald that efforts had been made to find additional investment to save the core business.
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In April this year The Herald reported how Great City Attractions had been granted permission by the council to keep the wheel running until December 31.
A spokesman for Plymouth City Council said: "Over the last few months the council has been working on arrangements to support the attraction in Plymouth.
"We were keen to see this attraction remain in the city and had hoped that the new operators, The Hall Organisation Ltd, would continue here. Yesterday, we were advised by The Hall Organisation that the wheel has now stopped trading. We understand that the wheel will be removed from site by the owner, Shipley Investments.
"We are trying to contact the investment company to find out when this will be."
Deputy council leader Cllr Peter Smith, said: "This is a real shame as the wheel was a striking addition to the skyline of Plymouth.
"I know that our officers have been working very hard behind the scenes to do everything in their power to help this company.
"Unfortunately this is now out of our hands."
The Herald contacted The Hall Organisation Ltd and G2 Insolvency Ltd but the firms did not reply.
No-one at Shipley Investments Ltd could be contacted on the advertised number.