END OF EYESORE AT LAST - Derelict hotel to be knocked down in July
How the former Fistral Bay Hotel site is designed to look
23rd June 2021
By Warren Wilkins
Newquay’s biggest eyesore is being demolished in July to make way for a new development. Developer Stephens and Stephens has bought the former Fistral Bay Hotel in Pentire Avenue and plans to build a seven-storey scheme containing 74 apartments, including nine penthouses.
The One Pentire scheme, which will also include underground parking with a lift access to each floor as well as a wine bar and café-deli on the ground floor, is due to be completed and occupied by the end of next year.
Potential buyers of the apartments are being offered the opportunity to register their interest.
Stephens and Stephens has decided to use the planning permission already in place, which was secured by London developer Queensbridge Homes.
The former Fistral Bay Hotel at the gateway to the Pentire Headland has remained derelict for more than 15 years after several schemes failed to get off the ground. Residents have campaigned for the prominent dilapidated building to be demolished and redeveloped due to its negative impact on the area whilst businessman AndrewWalker has been keen to bring the hotel back to its former glory.
Queensbridge Homes had previously proposed to build an eight-storey 81-apartment scheme but more than 150 residents objected as they felt the building would dwarf the area and set a precedent for other sites, leading to an “over urbanisation” of the headland.
The London developer had bought the former hotel from 35 mortgagees in possession who took ownership of the site following developer Penpol going into administration.
Stephens and Stephens say it has a track record of delivering its proposed developments, which includes the company’s Cliff Edge scheme overlooking Tolcarne Beach and its Breakwater development in Pentire Avenue.
Paul Stephens, the director of Stephens and Stephens said: “We are so delighted to have acquired Newquay’s notorious eyesore site and as a company with a proven track record of making things happen, we promise to turn this into the ultimate Cornish lifestyle destination development.
“Not resting on our laurels, we hope to start the demolition process in July and will then immediately commence with the long-awaited transformation.
“The apartments will be ready to occupy around the end of 2022 and we’re taking pre-registrations of interest now. “Pentire is an incredible extension of Newquay and with this site’s proximity to world famous Fistral beach and the expanse of surrounding nature, these 74 spacious apartments and potential wine bar and café-deli will further sustain Newquay’s position as a leading UK lifestyle destination and property hotspot.
“One Pentire will be our fifth luxury development in Newquay in four years and is set to be a stunning addition to our portfolio but more than that, it will add value to Newquay overall.
“We are so pleased to be able to optimise this important location for both the residents of Newquay and the new owners of our coastal, design life and style- driven Cornish apartments. “We’re sure many local residents will feel relief that progress is finally being made with this derelict site."