IrishIvan Posted September 13, 2013 Share Posted September 13, 2013 Whats happening with this joint? Its always boarded up. I liked going down there for a quiet lunchtime beer. Link to comment Share on other sites More sharing options...
LivinginKata Posted September 14, 2013 Share Posted September 14, 2013 Was going downhill ever since Jimmy left. Some Thai people took over and while they tried hard to keep the customers coming in, the standard of the food fell and the menu choice reduced. Eventually the place was closed. Link to comment Share on other sites More sharing options...
IrishIvan Posted September 14, 2013 Author Share Posted September 14, 2013 I wonder how much the rent is? Who owns the building? Link to comment Share on other sites More sharing options...
hansgruber Posted September 14, 2013 Share Posted September 14, 2013 What a shame. Location isn't bad. Link to comment Share on other sites More sharing options...
huuwi Posted September 14, 2013 Share Posted September 14, 2013 looks like they will start and do construction behind J.L. it's now fenced. the owner have strings to The Racha. Link to comment Share on other sites More sharing options...
LivinginKata Posted September 14, 2013 Share Posted September 14, 2013 I wonder how much the rent is? Who owns the building? I think that Jimmy Pearson stills own it ?? He tried to sell it years ago but I don't think anyone could afford the asking price. Link to comment Share on other sites More sharing options...
phuketrichard Posted September 14, 2013 Share Posted September 14, 2013 i wish they would reopen, I have a few of the metal coins he gave away back in 1995 for 1 free beer 1 Link to comment Share on other sites More sharing options...
DonaldBattles Posted September 14, 2013 Share Posted September 14, 2013 Jimmy Pearson is a good man and a survivor in a difficult environment on the South Rock. Hoping he can get things going again. Link to comment Share on other sites More sharing options...
KarenBravo Posted September 14, 2013 Share Posted September 14, 2013 Jimmy either sold it outright, or gave a long lease. I think the former. Haven't seen Jimmy around since The Boatyard bar went out of business in Phuket Town. Link to comment Share on other sites More sharing options...
falkan Posted September 14, 2013 Share Posted September 14, 2013 had some good pancakes there 6 years ago.. Link to comment Share on other sites More sharing options...
Blindside Posted September 14, 2013 Share Posted September 14, 2013 "The Lighthouse" has opened up on Chao Fa East. The owner told us she ran the Lighthouse at the pier (I assume after Jimmy) - I was not a regular so cannot speak to that. Had a meal with my family. Staff and owner were super friendly. However the food was not great, no parking space to speak of and very little atmosphere as there were no people there. I am relatively poor with distance etc., but if you drive past the turn off to the Zoo going towards Chalong, about 300 or 400 hundred metres start looking on the left hand side for the portable sign next to the road. Blink and you miss it. Maybe their breakfast is still good? I have them on my "C" list of places to eat so will not be going back in a hurry. Link to comment Share on other sites More sharing options...
IrishIvan Posted October 23, 2013 Author Share Posted October 23, 2013 The latest gossip I that the new owners paid 14 million baht for a 10 year lease with first option to buy it outright. I thought it was a tad high myself Sent from my GT-N7100 using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
ToTheBeach Posted October 23, 2013 Share Posted October 23, 2013 As far as I know the owners are the same who own Rayaburi resorts on Raya and in Patong... (and i.e. The Loft in Patong) The office of Rayaburi Resort on Raya is located just of the lightjouse building. Link to comment Share on other sites More sharing options...
KarenBravo Posted October 23, 2013 Share Posted October 23, 2013 There is scaffolding around the lighthouse bit. Obviously, something is happening...... Link to comment Share on other sites More sharing options...
Popular Post mikebike Posted October 25, 2013 Popular Post Share Posted October 25, 2013 I managed Jimmy's from 2007 - 2009. He sold it outright to the Raya group in October 2009 - finally recouping his investment and a tidy profit. Rent while we ran it was about 75,000/month the new group wanted double that plus 1-2 million key money depending on the time of day you asked! We gracefully declined - as it was we covered business and our living expenses but little more… Was a great time though! 3 - 4 different mangeresses over the ensuing years couldn't make a go of it, rent too high and they alienated their core yachtie clientele. Jimmy himself is doing well - slimmed down and healthier and enjoying life as Harbourmaster at Boat Lagoon Krabi. 3 Link to comment Share on other sites More sharing options...
NomadJoe Posted October 25, 2013 Share Posted October 25, 2013 Bummer. I had my IDC party there 11 years ago. My how time flies. Link to comment Share on other sites More sharing options...
NomadJoe Posted October 25, 2013 Share Posted October 25, 2013 Jimmy Pearson is a good man and a survivor in a difficult environment on the South Rock. Hoping he can get things going again. South Rock? Link to comment Share on other sites More sharing options...
NamKangMan Posted October 26, 2013 Share Posted October 26, 2013 I managed Jimmy's from 2007 - 2009. He sold it outright to the Raya group in October 2009 - finally recouping his investment and a tidy profit. Rent while we ran it was about 75,000/month the new group wanted double that plus 1-2 million key money depending on the time of day you asked! We gracefully declined - as it was we covered business and our living expenses but little more… Was a great time though! 3 - 4 different mangeresses over the ensuing years couldn't make a go of it, rent too high and they alienated their core yachtie clientele. Jimmy himself is doing well - slimmed down and healthier and enjoying life as Harbourmaster at Boat Lagoon Krabi. "as it was we covered business and our living expenses but little more… Was a great time though!" - many business owners are still like this on Phuket now - just happy to make enough to be here. "the new group wanted double that plus 1-2 million key money" - they keep raising rents and key money, and therefore, prices to the consumer. The landlords are outpricing Phuket compared to their competition. "3 - 4 different mangeresses over the ensuing years couldn't make a go of it, rent too high" - many businesses here are struggling to deal with the greed of the Thai landlords. Leases are designed to fail here, so the leasee go broke, and the owner can turn over the property for more key money, within the previous leasee's time. It's been happening here for years - BUT, with the Russians, Chinese and Indians go for it, the way the western market did - they are not, and we are seeing many vacant premises now. Link to comment Share on other sites More sharing options...
falkan Posted October 26, 2013 Share Posted October 26, 2013 drove by today and they painting and installing new stuff... Link to comment Share on other sites More sharing options...
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