There is/ are more than one reason

There is more than one reason.
There are more than one reason.

Which is the correct sentence?

Thanks!

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Sounds acceptable.

This is not correct. Here is a better version: There is a number of reasons.

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Thanks, Torsten!

There is a number of reasons.

Shouldn’t it be “There are a number of reasons”?

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Both versions are possible and correct.

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Since ‘more than one’ is treated as singular, it can be ‘There is more than one reason.’

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Yes, it should be There are a number of reasons. because ‘a number of’ means ‘many’.

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