It is still looking compatible with the most common rumour which is tarmac the Pav end for a funfair, build out the residential on the other end and hope the cliff is OK. The concrete cliff facade there is old 1936? but it seems to be the best constructed apart from the bit near the tunnel entrance which is 1860 and part of that bit has already collapsed.
I think getting anything to happen there will involve a compromise of some sort.
I stood up on the cliff top trying to work out what is going on there and taking a few pictures of the boats out at sea this is the link to the pictures