A NEWQUAY surf lodge company has been placed under administration – and the news has been welcomed by neighbours who claim its guests have "put them through hell".
Reef Surf Lodge Ltd, which owns Reef Island, on Trebarwith Crescent, and Reef Surf Lodge, on Berry Road, is now in the hands of accountancy company Smith & Williamson.
Residents living close to Reef Island – one of the town's largest lodges – have complained for years that they have endured sleepless nights and antisocial behaviour from groups of revellers.
The 27-room surf lodge is at the far end of Trebarwith Crescent, meaning stag and hen parties must walk the length of the street to reach their beds in the early hours of the morning.
There has never been any implication that the lodge's owners were responsible for the behaviour of their guests. Both the owner and administrators have been unavailable for comment.
One young woman, who did not wish to be named, said she had lost two jobs and had been involved in three car crashes due to exhaustion caused primarily by lack of sleep.
She said: "Hopefully this will signal a change of clientele for Newquay.
"I'm just really happy to see things like Art8 and the film festival happening.
"We need more of that and less of the lager lout culture."
In May 2011, this paper reported that Lynn Evans-Davidson, of Trebarwith Crescent, was spat at by a half-naked thug staying at Reef Island after she asked him to cover up.
On hearing that Reef Island was in receivership, she said: "This is the kind of news I've been dreaming about. We've been put through hell for the last five or six years. Hopefully now we can finally sleep.
"I feel a huge sigh of relief but I'm still not totally relaxed about what will happen to it. I hope it's a sign that Newquay has turned a corner."
Others had more sympathy for another lost business in the resort.
Neighbour Steve Slade said: "In some ways it's sad because it's a Newquay business that has gone under. But we've all suffered because of the stag and hen dos. Guests would just arrive expecting to go nuts but there are families and kids living up the road."
Anthony Spicer and Panos Papas, of Smith & Williamson, who were appointed as joint administrators of Reef Surf Lodge Ltd in Newquay on March 25, said: "We would like to stress that the hotel remains open for business at this time. We are open to receiving expressions of interest and it will be formally put up for sale in the very near future."