Cakes & Ale's new lease of life

The closed Cakes & Ale café

The closed Cakes & Ale café

First published in News

ALEXANDER Kinninmonth and David Green, of Baker Tilly accountants, have been appointed liquidators to Cakes & Ale café.

Based in Devizes Road, Old Town, the café – which employed eight staff – had been trading for only 11 months when it closed last month.

The liquidators are working to find a new tenant for the property.

Alexander said: “The concept behind the Cakes & Ale café was to use local suppliers wherever possible and support the local economy, but unfortunately there was not enough time for the business to become established in its niche market before outgoing costs became considerably higher than the income gained.

“Despite the best efforts of the directors to cut costs, and despite the forbearance shown by the landlord in allowing the first six months of trading rent-free, there was no alternative to placing the company into liquidation.”

Comments (7)

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1:05pm Thu 26 Jun 14

Hearditallbefore says...

They only paid rent for 5 months and still couldn't hack it.
They only paid rent for 5 months and still couldn't hack it. Hearditallbefore
  • Score: 0

2:33pm Thu 26 Jun 14

benzss says...

I was never sure what the Cakes and Ale was about. Was it a restaurant? Well, no, the menu was more akin to an upmarket cafe. So was it a cafe? Well, sort of, except the prices were rather high and they also sold - allegedly - a wide range of alcohol. So was it a pub? Nearly, but it only opened until 10pm and didn't quite lend itself to a pub aesthetic (not to say all pubs should be the same, but the Hop Inn just down the road has pulled off the trick of looking a bit like a restaurant while clearly having the ambience of a pub).

It's good to see something a little bit different in Old Town, but I'm not sure Cakes & Ale was really sure what it wanted to be. And if it did want to fit into a restaurant/cafe/pub niche, is the market really there? There are a few good restaurants, pubs and cafes in Old Town already.

It's never nice to see a business fail, but the market is indeed king.
I was never sure what the Cakes and Ale was about. Was it a restaurant? Well, no, the menu was more akin to an upmarket cafe. So was it a cafe? Well, sort of, except the prices were rather high and they also sold - allegedly - a wide range of alcohol. So was it a pub? Nearly, but it only opened until 10pm and didn't quite lend itself to a pub aesthetic (not to say all pubs should be the same, but the Hop Inn just down the road has pulled off the trick of looking a bit like a restaurant while clearly having the ambience of a pub). It's good to see something a little bit different in Old Town, but I'm not sure Cakes & Ale was really sure what it wanted to be. And if it did want to fit into a restaurant/cafe/pub niche, is the market really there? There are a few good restaurants, pubs and cafes in Old Town already. It's never nice to see a business fail, but the market is indeed king. benzss
  • Score: 11

11:52pm Thu 26 Jun 14

Ollie Dognacky says...

Err you've lost me......
What is the new " lease of life"....versus liquidation
Err you've lost me...... What is the new " lease of life"....versus liquidation Ollie Dognacky
  • Score: -2

9:25am Fri 27 Jun 14

LordSimmo says...

Ollie Dognacky wrote:
Err you've lost me......
What is the new " lease of life"....versus liquidation
Agree. The gist of this non-story is that "The liquidators are working to find a new tenant for the property".

These articles seem to be written by bored teenagers.
[quote][p][bold]Ollie Dognacky[/bold] wrote: Err you've lost me...... What is the new " lease of life"....versus liquidation[/p][/quote]Agree. The gist of this non-story is that "The liquidators are working to find a new tenant for the property". These articles seem to be written by bored teenagers. LordSimmo
  • Score: 5

1:18pm Fri 27 Jun 14

back_to_reality says...

Its the usual lazy Adver reporting. zzzzzzzzzzzzzzzzzzzz
z.
Its the usual lazy Adver reporting. zzzzzzzzzzzzzzzzzzzz z. back_to_reality
  • Score: 0

3:19pm Fri 27 Jun 14

daws says...

Ahhh, a nice slice of lardy cake with a pint of Kronenburg, heaven. yeh! as if !!!!!!!!!!!!!!!!!!!!
!!!!
Ahhh, a nice slice of lardy cake with a pint of Kronenburg, heaven. yeh! as if !!!!!!!!!!!!!!!!!!!! !!!! daws
  • Score: 0

3:47pm Fri 27 Jun 14

Old Town, Swindon says...

LordSimmo wrote:
Ollie Dognacky wrote:
Err you've lost me......
What is the new " lease of life"....versus liquidation
Agree. The gist of this non-story is that "The liquidators are working to find a new tenant for the property".

These articles seem to be written by bored teenagers.
It's not lazy writing nor bored teenagers. It is in fact the Adver composing their headlines as "Click Bait", as they have clearly expressed on a twitter conversation we had about another ridiculous headline.
Essentially they don't care if the headline is inaccurate as long as it entices people to click on it when they read though news sections on search engines or even on the Adver site itself. The article we discussed was, I'm told by the Adver, presented with an entirely different headline in the printed version because of this.
Shameful really but at least this headline does not have any negative implications an existing businesses.
[quote][p][bold]LordSimmo[/bold] wrote: [quote][p][bold]Ollie Dognacky[/bold] wrote: Err you've lost me...... What is the new " lease of life"....versus liquidation[/p][/quote]Agree. The gist of this non-story is that "The liquidators are working to find a new tenant for the property". These articles seem to be written by bored teenagers.[/p][/quote]It's not lazy writing nor bored teenagers. It is in fact the Adver composing their headlines as "Click Bait", as they have clearly expressed on a twitter conversation we had about another ridiculous headline. Essentially they don't care if the headline is inaccurate as long as it entices people to click on it when they read though news sections on search engines or even on the Adver site itself. The article we discussed was, I'm told by the Adver, presented with an entirely different headline in the printed version because of this. Shameful really but at least this headline does not have any negative implications an existing businesses. Old Town, Swindon
  • Score: 3

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