The Pembrokeshire Adventure Centre in Pembroke Dock is likely to be put on the market, following a meeting of Pembrokeshire County Council's cabinet last Monday (February 9).
The centre, which had been run by the Prince's Trust since 2006, closed at the end of January with 15 staff losing their jobs.
It provided a range of adventure activities like power boating, canoeing and sailing and a multi level climbing wall. It also helped disadvantaged young people get into training, education and employment.
The trust said that despite their best efforts the centre had become too expensive to run.
The building is owned by the county council, as well as adjacent woodland and a redundant fish farm.
The adjacent car park, slipway and land is owned by Crown Estates but has been leased to the council on a 100 year lease, which will expire in 2094.
"This is such a sad day," said Cllr Sue Perkins. "This was a vibrant important part of Pembroke Dock life. Our children learnt water sports there and it supported people from all over the country. It is very sad that it has come to this."
"It is disappointing for cabinet to receive this report," added council leader Jamie Adams. "It marks the end of current provision on the site."
A report to senior councillors said that no council use had been identified for the building. It also noted that the redundant fish farm and woodland were becoming a "maintenance liability" to the council, due to ongoing vandalism and unauthorised access.
It proposed that the package of land be declared surplus to council requirements in order to reduce the council's maintenance liability and to offer a more attractive package to potential purchasers or occupiers.
Councillors said that the county council could not go back to running the facility. They expressed the hope that somebody would purchase or lease the building and continue to offer the unique opportunities it provided.
Cabinet unanimously voted to dispose of the centre and adjacent facilities, and to enter into negotiation with the Crown Estate to include land in its ownership as part of marketing proposals.
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