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General Tapioca

Newquay - Market Collapsed...'surfpods' Unsold, Unfinished...

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I'm a calm sort of chap...but this encapsulates the ********, shortsighted, f**ktard development that really makes me spit the cornflakes...

http://www.guardian.co.uk/money/2009/jun/2...essions-newquay

Over to the hardcore to bang the drum in the comments section.

Executive surfpods! wtf? I've spent a bit of time working in Cornwall and the site of out of season coastal towns is totally depressing.

Out of forty-odd properties in a street in Port Isaac I was informed by a local that only 8 of them are permanently lived in. It's a ghost town. It makes me puke...

GT

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Hmmm... So ripping down the Hotels that were used to house the tourist on holiday, and turn them into empty flats. Not to be rented out to 8x 20 year olds on a stag w/end. Is going to help the poor local on £18,000 a year with a mortgage of £200,000.

I could of told them that 10 years ago! Who people who run Newquay need stringing up.

It's funny the 'small' person votes them in, but they only ever listen to big business from up country. :-(

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Prime squatting fodder. <_<

Too bloody right, and hopefully they can play some part in the regeneration of the area.

I am heartily tired of business people whose sole business was the acquisition of debt. This decade has thrown up a lot of them. They are playing 'let's pretend'.

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Too bloody right, and hopefully they can play some part in the regeneration of the area.

I am heartily tired of business people whose sole business was the acquisition of debt. This decade has thrown up a lot of them. They are playing 'let's pretend'.

They've been playing dollshouses on a grand scale with other people's lives. I would like to know the numbers on squatting:- is it rising again / who's involved (i.e. demographics).

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Since the industrial revolution poor working British people have been forced to desert the shires and head to an inner city. Why on earth do the Cornish think they are any different? Let the young and out-of-work move to inner-London, Birmingham, Manchester, etc, like the rest of us have had to in the past. In the words of the great Norman Tebbit, "On your bikes"!

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They've been playing dollshouses on a grand scale with other people's lives. I would like to know the numbers on squatting:- is it rising again / who's involved (i.e. demographics).

I first visited Port Isaac in the early 80's.A super little fishing village at that time.Of course now the hoorays and the meeja people have descended on it the whole place has gone to hell in a handcart.Same as they do everywhere.

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i sincerely hope that the developer that told me the following prices for a small build in Newquay has read that ;)

2 bed flat £450,000 & 3 bed 'penthouse' £600,000 :blink: - completion expected Sept 2010

the Ocean1 block that was completed last year had to have an amount of housing for locals, 'affordable housing' is it called? why didn't they stipulate this with more of the others that are now standing empty??

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"At first, when one or two developers went under, other developers bought the scheme and finished it. But now there are a lot of abandoned sites. It's possible they may be empty for some years"

Is this the first solid evidence of cash rich investors catching falling knives?

Will that happen to most people who are buying now?

Edited by Mixle

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I first visited Port Isaac in the early 80's.A super little fishing village at that time.Of course now the hoorays and the meeja people have descended on it the whole place has gone to hell in a handcart.Same as they do everywhere.

It'll be a fishing village again soon enough.

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Born and brought up in a small fishing town in Cornwall had a small cottage then valued at about £18,000. 23 years ago.could not get any decent work localy ,so moved up country,Found good paid work now have some spare cash.The cottage next to my old cottage is on the market for £475,000 ,no way could i afford it.Should have stay in the cottage and signed on for 23 years makes a complete nonesence of life.

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Since the industrial revolution poor working British people have been forced to desert the shires and head to an inner city. Why on earth do the Cornish think they are any different? Let the young and out-of-work move to inner-London, Birmingham, Manchester, etc, like the rest of us have had to in the past. In the words of the great Norman Tebbit, "On your bikes"!

Did you?

And why should people be forced to leave their roots and their families? To do what? Shit jobs in a shit suburban environment? If they're lucky?

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The feckers don't learn though - they seem intent on doing the same in Swansea/West Wales.

As far as i can make out the game-plan is to form a limited company with limited liability, get a loan from a bank to buy land, demolish and build, sell as much as you can and take profit before going bust... and then moving on along the coast and starting all over again?

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As far as i can make out the game-plan is to form a limited company with limited liability, get a loan from a bank to buy land, demolish and build, sell as much as you can and take profit before going bust... and then moving on along the coast and starting all over again?

I can see you are not in the property development business yourself .. It's not NEARLY that simple .. in fact it's SO complicated that what you need is some SERIOUS management to organise it all ,, and SERIOUS management does not come cheap I can tell you .. and that management needs some pretty serious expenses, and given the amount of profit this is going to generate the senior management should be comparing their re-numeration with CEO's of some pretty big companies ..

Shall we say £500,000 a year for the CEO and £250,000 for his wife ?

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I can see you are not in the property development business yourself .. It's not NEARLY that simple .. in fact it's SO complicated that what you need is some SERIOUS management to organise it all ,, and SERIOUS management does not come cheap I can tell you .. and that management needs some pretty serious expenses, and given the amount of profit this is going to generate the senior management should be comparing their re-numeration with CEO's of some pretty big companies ..

Shall we say £500,000 a year for the CEO and £250,000 for his wife ?

That is exactly what I was thinking :lol::P:lol:

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You are in the property buisness then !

I remember as a kid in the late 70's / early 80's Newquay being a nice family tourist town with great beaches and lots to do. I really enjoyed holidays in Cornwall. Went back in the mid 1990's and decided the town was well on its way to being fuccked. All that development at the back of the town onto the Gannel estuary has ruined it.

Only thing left are the beaches and I bet they are covered in bottles, cans and johnnies each morning :angry:

Edited by Kurt Barlow

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Since the industrial revolution poor working British people have been forced to desert the shires and head to an inner city. Why on earth do the Cornish think they are any different? Let the young and out-of-work move to inner-London, Birmingham, Manchester, etc, like the rest of us have had to in the past. In the words of the great Norman Tebbit, "On your bikes"!

Cornwall, as anyone who knows their history, was indeed a significant part of the industrial revolution. Indeed the first steam engines were invented and used in Cornwall to pump water from the tin mines. The first motive steam engines were built by a Cornishman - Trevithick.

The problem with Tebbit's tantram - (and your bigotry and lack of knowledge) - is that we see a continuing and pointless mass migration into the south east of England which is neither economically nor ecologically sustainable. There is a direct connection between the spec building along the Thames corridor and your unthink - short-term profit for multinationals before the needs of everyone.

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Cornwall, as anyone who knows their history, was indeed a significant part of the industrial revolution. Indeed the first steam engines were invented and used in Cornwall to pump water from the tin mines. The first motive steam engines were built by a Cornishman - Trevithick.

The problem with Tebbit's tantram - (and your bigotry and lack of knowledge) - is that we see a continuing and pointless mass migration into the south east of England which is neither economically nor ecologically sustainable. There is a direct connection between the spec building along the Thames corridor and your unthink - short-term profit for multinationals before the needs of everyone.

If Pelemis wave generators and floating wind turbines are scaleable then Cornwall is in for a big industrial boost as the Celtic Sea is the ideal location for deployment. This would also massively benefit South Wales including its steel industry.

Lets hope for offshore renewables to displace bollux ponzi scheme economies that have proliferated the cornish coast in the last decade.

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Totally way off topic, but a great book i can highly recommend is "The Origins of the British". Fascinating account of the old trading routes and links between Spain, France, Britain - Cornwall was a hot spot of economic activity.

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I can see you are not in the property development business yourself .. It's not NEARLY that simple .. in fact it's SO complicated that what you need is some SERIOUS management to organise it all ,, and SERIOUS management does not come cheap I can tell you .. and that management needs some pretty serious expenses, and given the amount of profit this is going to generate the senior management should be comparing their re-numeration with CEO's of some pretty big companies ..

Shall we say £500,000 a year for the CEO and £250,000 for his wife ?

Sorry to burst you bubble, but your figures are from dream land, been there done it, your a long way out. People would be queuing up for 100k.

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I saw similar to Newquay on the Florida panhandle. The coastal strip was all hotels ten years ago. Two years ago they'd mostly gone to be replaced by (mostly empty) flats.

The developers have gone bust, you can saw the building flaws.

This was the latest story, the prices looked silly at the time. Now they just look fictional.

RESIDENTS waiting to move in to a development of luxury apartments worth more than £2 million face long delays after rising ground water made them uninhabitable.

The impressive-looking White Water flats development, on Narrowcliff – home to the new Tesco Express store – boasts stunning views out over the Barrowfields and Atlantic Ocean beyond.

However, all 12 apartments and two penthouses are currently undergoing a major revamp after first becoming damp and then flooded with rising groundwater.

Specialised

The apartments were originally built by a company – which went into liquidation earlier this year – and have since passed on to another, as yet unnamed developer, to finish.

The new company is being forced to redecorate the 14 flats and has appointed a highly-specialised team of finishers to do the job.

"There were a number of problems which are being rectified," revealed a source, who showed the Newquay Guardian the problems they were facing, first hand. When a building reaches the state it did and is left empty, problems arise.

"The ground floor of the building is lower than the car park and ground water had been seeping into the lower walls. The walls were damp and water was leaking into the halls."

According to the source, the building was simply abandoned for three months without these problems being addressed. "Left like that, it will just soak and soak until you take the water away," explained the source. "You can't just bury your head in the sand – it has to be addressed.

"The team has been working on the building while drying it out. This process has to be done very slowly and carefully as otherwise it changes the characteristics of the materials – such as plaster."

The skilled team has installed dehumidifiers to slowly dry out the walls, while working on other 'cosmetic' issues.

"The finishing also left a lot to be desired," added the source.

"For example, they had put tiles in the hallways which were very slippery and a hazard for people coming in from the beach, or reacting to a fire alarm. We're having to install carpets instead."

Decoration of the apartments was set to finish last week, with cleaners working in the building and carpets due to be installed this week.

The 12 two-bedroom flats and two penthouse suites, which all have panoramic views of Newquay's beaches, are on sale through Start & Co.

It is believed that many of the 14 apartments have been sold – with just one penthouse remaining. Prices range from £185,000 – up to £235,000.

"The work should be finished within two months to a very high standard," added the source. "This time there'll be no grey areas – it's all very much in hand and they will be lovely apartments when they're finished."

And a nice comment from Geoff:

the problem is in the foundations and no amount of drying out the walls will fix it - the only way is extensive building work to rectify the problem. I can;t see why anybody would pay the amount of money they are asking to live above a TESCO's its so busy and noisy there you could never sit on the balcony and enjoy the view because of all the car fumes from the car park!

http://www.thisiscornwall.co.uk/newquay/ne...il/article.html

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If Pelemis wave generators and floating wind turbines are scaleable then Cornwall is in for a big industrial boost as the Celtic Sea is the ideal location for deployment. This would also massively benefit South Wales including its steel industry.

Lets hope for offshore renewables to displace bollux ponzi scheme economies that have proliferated the cornish coast in the last decade.

Strangely, most people in Pembrokeshire don't know the name of their sea. It's the Celtic Sea of course. 99% of the time, Pembrokeshire folk call it the Irish Sea. Talk about geographical ignorance!

Renewables can only prosper on the back of massive subsidies and R&D from the energy industry. The recession seems to be knocking alot of this on the head.

Edited by gruffydd

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Cornwall, as anyone who knows their history, was indeed a significant part of the industrial revolution. Indeed the first steam engines were invented and used in Cornwall to pump water from the tin mines. The first motive steam engines were built by a Cornishman - Trevithick.

The problem with Tebbit's tantram - (and your bigotry and lack of knowledge) - is that we see a continuing and pointless mass migration into the south east of England which is neither economically nor ecologically sustainable. There is a direct connection between the spec building along the Thames corridor and your unthink - short-term profit for multinationals before the needs of everyone.

What, so just because they had steam engines in their tin mines a few 100 years ago, people looking for non-existant work in Cornwall should stay put just in case ... what? Someone needs them to make steam engines :lol:

Thankyou very much for pointing out the bigotry and stupidity of my post, i'm obviously not really singing from the same songbook as you, maybe my conditioning programme failed somehow?? Meanwhile, worker-slaves in the south east pay the benefits of the resting steam-engine attendants :rolleyes:

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