FDMB North West understands that the Bodnant Welsh Food Centre has been sold through an accelerated sales process to Richard Reynolds, who is behind the tearoom brand Love To Eat, which has branches in Llandudno, York and Southport.
Reynolds said: “I am delighted to have bought the business and assets of Bodnant Welsh Food, having already agreed heads of terms for my lease of the Bodnant Welsh Food Centre site, and I will be working hard to ensure its future success.
“The centre is situated in spectacular surroundings and has so much potential, boasting a fantastic array of award-winning products and services which I hope to honour and enhance further. I hope to have the business up and running again as soon as possible, under the name Bodnant Welsh Food – and to continue promoting Welsh food in the Conwy Valley, for the benefit of the local community.”
Michael McLaren, former owner of the Bodnant Welsh Food Centre commented: “I am delighted that Richard Reynolds has purchased the business & assets of Bodnant Welsh Food from the liquidator of Furnace Farm Ltd.
“A week ago, when Richard signed the Heads of Terms for his lease of the site, he reassured me that he was aiming to carry on the same range of businesses at the Bodnant Welsh Food Centre, using the same name and branding – and to be open again to the public very soon indeed.
“That is terrific news; and I wish him every success in the future of the business, which has greatly benefited the area. I also hope that he can re-employ many of the staff who have lost their jobs. The vision and concept of a Welsh Food Centre in the Conwy Valley will continue and thrive – and this will be a legacy of which we can all be very proud.”
Dean Nelson, Head of Business Recovery and Insolvency at Smith Cooper, commented: “We’re delighted to have secured the sale of the business and assets of Bodnant Welsh Food to Richard Reynolds and we are confident that, with continued local support, we will see the Food Centre flourish again as a fantastic asset for this area, its economy and its people.”