The new owners of a beloved Italian restaurant in the heart of Conwy say they've "hit the ground running" after taking it on thanks to the support of the family who ran it for 30 years. Alfredo Restaurant has operated since 1959 when it was founded by Italian Biagio Ramiconi after he converted the former Boot Inn and Plas Coch on Lancaster Square into a restaurant.
The restaurant was taken on by Pete and Christine Scaletta in 1990 and they had been there for over three decades before selling this March in a deal confirmed by St Davids Commercial. It was taken on by Richard Reynolds, supported by a six-figure loan from the Development Bank of Wales.
The restaurant - based in a large 13th Century building - had been an institution in the town so he had big boots to fill. But Richard said the transition has been well supported by the Scaletta family.
Richard, who also owns Bodnant Welsh Foods, Eglwysbach and Tribells fish and chips in Llandudno, said: “Alfredo’s has been a well-known and fondly-regarded destination for visitors to Conwy for decades, and I’d like to thank Pete and Christine not only for all of their work in building up Alfredo’s reputation in the last 30 years, but also for their support and advice during this transition. Taking on Alfredo’s has been smooth thanks to their help, meaning we’ve been able to hit the ground running as we look to a busy summer season.”
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He added: “I’d also like to thank the Development Bank of Wales for their help in acquiring the restaurant. This isn’t the first time I’ve bought a popular restaurant, but their help has been invaluable and I’d recommend them to any businesses looking to expand or open new premises.”
Will Jones, investment executive at the Development Bank of Wales, said: “We’re delighted to have been involved in giving a new lease of life to Alfredo’s, which has been hugely popular across North Wales for decades. It’s played a really important role in the hospitality and visitor economy in Conwy, and we’re very pleased that we’ve been able to help keep the business in local ownership. It will be in excellent hands with Richard, and we look forward to hearing of its success as it goes from strength to strength."
