An historic fort in the Solent off the Isle of Wight, which has been on the market for four years, has seen its for sale price reduced for a second time.

No Man's Fort is one of Palmerston's follies, built in the 19th Century as a line of defence against the threat of invasion from France.

Most recently it has been run as a hotel, but due to running costs and other issues, its owners sought an alternative use.

It was listed by owners Clarenco LLP in 2019 for an asking price of £4.25 million.

Read more: No Man's Fort off the Isle of Wight is still up for sale

This was later reduced to £3.6 million. Its website states it is now inviting offers of over £3.5 million.

Permission was granted to re-purpose the fort into one big house, making it more attractive to buyers in May 2020.

In March this year, the County Press reported how this was not implemented 'due to difficulty in finding a buyer for the site'.

The fort, which was decommissioned by the Ministry of Defence in 1956 and then sold to private developers, features 23 bedrooms, a lighthouse, laser battle play area and spa.

It is one of three Solent forts. 

Read more: Solent fort sold for nearly £750,000 with two more for sale

Horse Sand Fort, which is undeveloped, was sold to a private UK purchaser for £715,000 in 2021.

The third - Spitbank Fort - was closed to the public during the Covid pandemic.

In 2021 it was reported it was also available for purchase under separate negotiation.