What does the cryptic crossword clue "Seaside town not fashionable, nor good value (5)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Seaside town not fashionable, nor good value (5)

Guardian Cryptic #25923 | 21 Across | 2013-04-16

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