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Commercial Property

Growing East Midlands doughnut company Doughnotts secures deal for new bakery

The firm has stores across the region - with more in the pipeline

Doughnotts sells luxury handmade doughnuts at its stores across the East Midlands(Image: Joseph Raynor/ Nottingham Post)

A growing luxury doughnut company with stores across the East Midlands has agreed a deal for a building which will house a new, larger bakery.

Doughnotts, which makes handmade luxury doughnuts, currently has stores in Nottingham, Derby, Leicester and Lincoln - with plans in the pipeline for more retail units.

Due to the rapid growth of the firm, the company has agreed to the letting of a building in Linkmel Close, on Queens Drive Industrial Estate, in Nottingham, which it will turn into a new high-specification bakery.

Wade Smith, co-founding director of Doughnotts, said: “This year is about creating a better working environment.

“A bigger facility means we can do that and also future proofs the company for the years to come.

Megan Scaddan and Wade Smith, of Doughnotts(Image: Joseph Raynor/ Nottingham Post)

“Doughnotts grew so much in 2019 and we want to keep up that pace with a bigger bakery to ensure that.”

Doughnotts was founded in 2015 by Wade, along with Megan Scaddan, after the pair decided to start making doughnuts with a borrowed £10. Today the company has a reported a turnover of £1.5 million.