News reaches Owl that flamboyant businessman Nicholas (Nick) Spysnyk, who for a time owned the still-derelict Seaton Heights site (and also owned Stoneleigh Holiday Park near Branscombe), has been declared bankrupt:
Owl is not sure whether he still had involvement in either business up to the date of his bankrupcy, as ownership has seemed to change very frequently, sometimes including Mr Spysnyk and sometimes not. However (at least for the time being, it appears not!
Planning permission for an ambitious holiday venue was granted at Seaton Heights, but despite many promises, the different owners never seemed able to progress them. Subsequently, a Premier Inn opened in the town centre.