Matlock Riverside was the terminus of Peak Rail, a preserved steam railway of approximately 4 miles in length. For many years Peak Rail had planned to run trains into Matlock station, shared with the main line from Derby (the Derwent Valley Line). The station was built in 1991 due to problems negotiating with British Rail to run into the station at Matlock at that time. In 2008 Peak Rail negotiated a 50-year lease to run into Platform 2 at Matlock.
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