Coffee shop targets expansion with new funding

22 October 2021

The company behind a new Stokesley coffee shop is targeting up to ten more North East locations inside the next three years, supported by six-figure funding.

The first Milk & Grind has been launched after an investment in the region of £200,000 by Future Investments Ltd to convert a former High Street bookmaker's shop.

Seven staff have been recruited to run the shop, which is open seven day a week.

Its cakes, breads and savoury snacks are prepared at the established Village Bakery in Billingham.

Plans are well-advanced for a second coffee shop in Yarm. Middlesbrough is also high on the list as are two towns in Northumberland.

Future Investments Ltd is advised by Richard Wilson, a senior associate with commercial property specialist Dodds Brown.

He said: "If Stokesley's anything to go, Milk & Grind has found a winning formula: from the distinctive look, the friendliness of the staff and – of course – the quality of the coffee."