Yorkshire-based pie maker Stobarts has ceased production after more than 150 years in business.
The company had been operating from a freehold facility in Bradford, West Yorkshire, supplying own brand and white label pies, sausage rolls and other meat products
A recent strategic review of the family-owned business concluded that closure was the favoured course of action, taking into consideration the exit plans of senior management.
“A range of business and personal factors led us to undertake the review,” said director Philip Stobart. [Fellow director and brother] Neil [Stobart] and I have led the company for over 40 years, building on the foundations of our forebears. Covid expedited our planning and, with no family succession or business buyer, the structured wind down and realisation of the business assets was the natural conclusion.
“Our loyal customers, staff and suppliers have remained at the forefront of our thinking, and they have been updated as the process advanced,” Stobart added.
Chartered surveyors Walker Singleton have been appointed to market and sell the property and assets of the business. Howard Eastwood, director in the machinery & business assets department, said the production assets of the business were “extensive”, encompassing meat processing and bakery-related equipment geared to a volume output.
“The three main lines for pie and sausage roll production can run a combined output of up to 35,000 units per hour,” Eastwood added. “Typical to family-run businesses, high regard has been placed on maintenance and upkeep of all equipment. An online auction will take place in June 2022 and will be a full site dispersal that will encompass all production equipment and support assets such as transportation, handling and packaging.”
Stobarts occupied the site for over 50 years. “Its food production and storage capability, which retains Grade A+ BRC accreditation, provides rare industry sector opportunity,” said Paul Diakiw, commercial property director at Walker Singleton, who is handling the sale of the freehold.
“The 400-pallet fully racked cold store has niche appeal but is well sited in the city, offering businesses who perhaps currently pay a premium to rent cold store pallet space to own their own facility. I feel both properties will attract interest once marketing starts,” Diakiw added.