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Published 10:53 22 Nov 2018 GMT
It was bought in 1869 by John Markham Dean and is now owned by a surviving relative, Claire Harris.
Claire told the Metro: "My family are all passionate about the island but we’ve come to a point where we’re unable to manage it from the UK.
"People have been waiting for Pebble Island to come up for sale for many years. It’s really impossible to know how much the Island will sell for as it’s the first time it’s come up for sale in 150 years next year, so we have no idea."
She continued: "A foreign person would have to offer a substantial amount more than a Falkland Islander for us to accept it. In many ways we would love a Falkland Islander to buy, whether that will happen we don’t’ know.
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