Completed sale
The Old Bakery Tearoom Food & Drink Business Acquisition by private buyer | Case Study
The Old Bakery Tearoom Ltd is a traditional tearoom that was established over 30 years ago.
The tearoom is based in Northamptonshire and benefits from a period property in a picturesque location. The Old Bakery Tearoom Ltd offers a wide selection of homemade cakes, sandwiches, light bites and lunches. Over the years the business has maintained an excellent reputation with numerous repeat customers.
The shareholders instructed Knightsbridge in order to facilitate their retirement plans.
The Old Bakery Tearoom Ltd attracted ten viewings and two offers. The successful offer came from a private individual who intends to refurbish the property prior to reopening the tearooms.
The deal was overseen by Leanne Boulding, Knightsbridge Operations Director.