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    Home » Jobs secured as iconic Swansea bakery sold for six-figures
    Commercial Property

    Jobs secured as iconic Swansea bakery sold for six-figures

    Rhys GregoryBy Rhys GregoryNovember 1, 2023No Comments
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    Pictured: Adrian Westoby, Robert James, Carol James and James Lewis-Hyndman
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    Peter Lynn and Partners Solicitors have successfully overseen the sale of Davies of Mumbles Bakery, a beloved local establishment, ensuring its legacy and continued operation under new ownership.
    The six-figure sale was structured by company and commercial lawyer James Lewis-Hyndman and commercial property conveyancer Adrian Westoby, securing the bakery’s future and the jobs of its existing staff.
    “Our primary objective was to ensure not just a legally sound business sale, but also the uninterrupted continuity of heritage, employment, and the unique essence that Davies of Mumbles Bakery represents,” said James.
    Parallel to the business sale, Adrian Westoby, a specialist in commercial property law, negotiated the assignment of the existing lease from the seller to the buyer. This critical element allowed the seller to honourably exit their current lease, while the buyer was able to promptly secure the lease with the landlord, ensuring the business premises remained a familiar haven for loyal customers. “The assignment of a commercial property lease is a nuanced process, especially in a sale of this nature,” commented Mr. Westoby. “We’re proud to have streamlined this transition, ensuring the uninterrupted operation of a cherished local company.”
    With zero disruption in the bakery’s day-to-day trade, this sale is a testament to Peter Lynn and Partners’ commitment to their clients’ operational stability as seller Carol James reflected.
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    Rhys Gregory
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