Cornish Bakery has confirmed the locations of six new bakeries opening by May, including an expansion into Wales.
The new 2,500 sq ft store in Betws-y-Coed, on the eastern edge of Snowdonia, is set to become the independent company’s largest property and a first home to its brand extension, ‘Rise by Cornish Bakery’. This features an enhanced menu with additional small plates designed for brunch, lunch, and early evening dining, as well as beers and wines sourced from Cornwall.
Despite its small size, the village of Betws-y-Coed is North Wales’ most popular inland resort and accommodation provider, popular with ramblers, climbers, and cyclists. Cornish Bakery noted it fits in with its tourism-location focussed shop portfolio.
Other upcoming openings include in Newbury and Lincoln next month, Portsmouth and Wells in April, and Witney in May, which will bring the chain’s estate up to 79 sites. A total of £3.5m is being invested across the new locations, alongside a further £500k dedicated to refurbishing four existing bakeries.
Each new bakery will showcase a completely bespoke design philosophy, noted Cornish Bakery, with unique colours, textures and architectural features, all carefully tailored to the building it occupies, the heritage of the surrounding place, and its local community.
The second Rise concept shop will be in Portsmouth, which sees the company relocate to a new two-storey property within Gunwharf Quays as part of a recent shopping outlet redevelopment. It will include a large orangery and outdoor terrace. The existing takeaway kiosk in the centre of Gunwharf Quays will continue to operate.
“2026 is set to be quite the year for us,” said Cornish Bakery MD Mat Finch. “We’re already punching through record takings and profit figures week-on-week and are pleased to announce the locations for our next six beautifully bespoke bakeries. These will all be open by May, and we have many more already in planning that we’ll also be announcing ASAP.”
The business is aiming to expand its estate to over 400 sites, hiring Jeremy Smith in the newly created role of property director last year. It reported a 24% increase in revenue to £36.4m and a 32% increase in EBITDA to £4.5m in its latest annual accounts to May 2025. However, founder and CEO Steve Grocutt hit out at the government for a lack of “proper leadership” that he said has created instability in the hospitality sector.
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