Family-run Neath Delicatessen opens with £150k backing from Development Bank
Family-run Neath Delicatessen opens with £150k backing from Development Bank
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A new family delicatessen has opened in Neath town centre with the support of a £150,000 loan from the Development Bank of Wales.
Chris and Rosana Cundill launched Neath Deli on Water Street in July as part of the council-led redevelopment of the area. The business sources organic and artisan produce from across Wales, alongside food prepared in-house in its own butchery and kitchens. The deli also includes a mezzanine café serving fresh sandwiches and soups.
The venture builds on the success of Rosa’s Bakery, an artisan bakery on Shufflebotham Lane opened in 2022 by the couple’s daughter, Rosa, then aged 20. That business also received Development Bank backing.
Chris Cundill, owner and director at Neath Deli, said the closure of Marks and Spencer last year created a gap in the town centre.
He said: “Ever since the closure of the former Marks and Spencer, shoppers in Neath have been looking for somewhere which sells fine food and fresh produce, and we wanted to do everything we could to meet that demand. The investment we’ve had from the Development Bank of Wales helped us to fit out the deli and open by the summer. Customers are delighted and many have commented that the deli is exactly what Neath town needed.”
Donna Williams, Senior Portfolio Executive at the Development Bank of Wales, said the project builds on the family’s proven success.
She said: “Chris and Rosa’s plans for Neath Deli have brought a popular business to Neath town centre, building on the success of what they’ve already achieved with Rosa’s Bakery, with the same ethos and approach to organic food. We’re very pleased to have supported Neath Deli with our investment, and look forward to seeing both the deli and Rosa’s continue to grow.”
The £500 million Wales Flexible Investment Fund, financed by the Welsh Government, provides loans, mezzanine finance and equity investments of between £25,000 and £10 million, with repayment terms of up to 15 years.
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