It's official! And you read it first in your super, soaraway Eastcliff Richard! Splashed over the front page of today's Thanet Times is the news that Paigle Properties Ltd and Paigle (Margate) Ltd have gone down the gurgler. According to the administrators appointed to liquidate the companies' assets, work on Margate's Royal Sea Bathing Hospital development will continue. But they were unable to comment on the future of Paigle's proposed development at the Cliftonville Lido.
Actually it gives me no pleasure to be proved right on this. I have a nasty feeling that Paigle won't be the last developer on the island to cash in their chips. I can't honestly say that the prospect of swapping ten years of hideous eyesores for another ten years of half built, hideous eyesores is filling the old Eastcliff cockles with joy!