The much-loved celebrity became a co-owner and shareholder in the bakery business and, after news of the closure came to light, he simply said 'gutted isn't the word'

The much-loved celebrity became a co-owner and shareholder in the bakery business and, after news of the closure came to light, he simply said 'gutted isn't the word'

Coughlans Bakery, an 89-year-old chain which the comedian part-owned, has ceased trading due to rising costs

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Coughlans Bakery, which was founded in 1937 and spanned across 31 stores in the UK, shared its decision to go into voluntary liquidation this week.