St. Marys Road, Market Harborough, Leicestershire, LE16
Offers in Region of
£115,000
£97.13 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,184 sq ft
110 sq m
- SECTOR
Restaurant for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes and A4 Drinking Establishments
A3, A4
Key features
- Main High Street Location
- Enviable Reputation
- Extremely High Quality Fit Out
- Turnover in excess of £120k PA
- Impressive Net Profits
Description
INFORMATION MEMORANDUM
Fifty Eight Cocktail Bar & Restaurant - Market Harborough
Business Reference: GO2543
Asking Price: £115,000 + Stock at Valuation (SAV)
EXECUTIVE SUMMARY
Fifty Eight is a stylish, fully licensed cocktail bar and restaurant in the heart of Market Harborough, Leicestershire. Established in 2019 and family-run, the business offers a unique combination of world tapas-style small plates, craft cocktails, and premium coffee-all served in a beautifully refurbished riverside setting. With a loyal customer base, strong financial performance, and growing demand for event hire, this is a rare opportunity to acquire a turnkey hospitality venue with both profitability and scalability.
BUSINESS OVERVIEW
Business Name: Fifty Eight
Established: 2019
Location: 58 St Mary's Road, Market Harborough, LE16 7DU
Business Type: Cocktail Bar & Restaurant
Tenure: Leasehold (assignment)
Rent: Low fixed rent for the next 3 years
Premises: Fully refurbished with premium fit-out, riverside terrace, and warm, contemporary interiors
CONCEPT & OFFERING
Fifty Eight blends modern hospitality with a relaxed yet sophisticated atmosphere. The offering is built around sharing and social dining, with menus designed for couples, families, and groups enjoying cocktails and casual dining together.
Core Revenue Streams:
Restaurant: Global tapas-style menu updated regularly; strong per-head spend
Bar: Crafted cocktails, boutique wines, premium spirits, bottled beers & non-alcoholic options
Lounge Café: Artisan coffee, loose-leaf teas, pastries and cakes served daily
Private Hire: Popular venue for birthdays, business events, and private celebrations (part or full hire including terrace)
The venue is widely known as Market Harborough's go-to destination for modern dining and private events, and is regularly fully booked on weekends and bank holidays.
FINANCIAL OVERVIEW
Turnover (latest year): c. £120,000 based on open 6 days a month
Net Profit: c. TBC
Asking Price: £115,000 + SAV
These figures reflect strong profitability from day-to-day operations and private events, achieved with minimal marketing-leaving ample room for growth under new ownership.
PREMISES & FIT OUT
The business operates from an attractive ground floor unit just off the high street. The premises benefit from:
Recently refurbished front of house and kitchen
Fully fitted commercial kitchen with high-quality appliances
Modern bar with professional back bar equipment
Elegant furniture and décor throughout
Riverside terrace - highly desirable for private events and summer trade
New operator requires no capital expenditure to continue trading
The lease includes a low fixed rent for the next 3 years, providing excellent value and financial stability.
MARKET & LOCATION
Market Harborough is a sought-after and affluent market town in Leicestershire, known for its independent shops, restaurants, and lively atmosphere. Fifty Eight is positioned in a high footfall area close to the high street, attracting a mix of:
Local residents
Weekend visitors
Corporate and private event bookings
Coffee and lunch trade during daytime hours
The local hospitality market is underserved in the premium-casual space, which this venue successfully occupies.
GROWTH OPPORTUNITIES
Fifty Eight is already a successful, self-contained business, but a new operator could further increase revenue by:
Launching delivery or click & collect service
Introducing a brunch or daytime food menu
Expanding vegan, vegetarian, and allergen-friendly options
Developing a dedicated website with integrated booking and pre-ordering
Expanding private hire and corporate catering services
Using the brand to launch additional locations or franchises
REASON FOR SALE
The current owners are looking to explore other opportunities and are offering the business for sale as a going concern, with all assets, branding, and goodwill included.
SALE DETAILS
Asking Price: £115,000 + SAV
Includes: Full fixtures, fittings, branding, customer base, social media, and goodwill
Stock: Additional at valuation
Lease: Assignment of existing lease (terms available on request)
Handover: A full transition period can be provided to ensure a smooth transfer
VIEWING ARRANGEMENTS
All enquiries and viewings are handled on a strictly confidential basis and are by appointment only through Goodwins Business Brokers.
To request further information or arrange a visit, please contact:
Fifty Eight Cocktail Bar & Restaurant - Market Harborough
Business Reference: GO2543
Asking Price: £115,000 + Stock at Valuation (SAV)
EXECUTIVE SUMMARY
Fifty Eight is a stylish, fully licensed cocktail bar and restaurant in the heart of Market Harborough, Leicestershire. Established in 2019 and family-run, the business offers a unique combination of world tapas-style small plates, craft cocktails, and premium coffee-all served in a beautifully refurbished riverside setting. With a loyal customer base, strong financial performance, and growing demand for event hire, this is a rare opportunity to acquire a turnkey hospitality venue with both profitability and scalability.
BUSINESS OVERVIEW
Business Name: Fifty Eight
Established: 2019
Location: 58 St Mary's Road, Market Harborough, LE16 7DU
Business Type: Cocktail Bar & Restaurant
Tenure: Leasehold (assignment)
Rent: Low fixed rent for the next 3 years
Premises: Fully refurbished with premium fit-out, riverside terrace, and warm, contemporary interiors
CONCEPT & OFFERING
Fifty Eight blends modern hospitality with a relaxed yet sophisticated atmosphere. The offering is built around sharing and social dining, with menus designed for couples, families, and groups enjoying cocktails and casual dining together.
Core Revenue Streams:
Restaurant: Global tapas-style menu updated regularly; strong per-head spend
Bar: Crafted cocktails, boutique wines, premium spirits, bottled beers & non-alcoholic options
Lounge Café: Artisan coffee, loose-leaf teas, pastries and cakes served daily
Private Hire: Popular venue for birthdays, business events, and private celebrations (part or full hire including terrace)
The venue is widely known as Market Harborough's go-to destination for modern dining and private events, and is regularly fully booked on weekends and bank holidays.
FINANCIAL OVERVIEW
Turnover (latest year): c. £120,000 based on open 6 days a month
Net Profit: c. TBC
Asking Price: £115,000 + SAV
These figures reflect strong profitability from day-to-day operations and private events, achieved with minimal marketing-leaving ample room for growth under new ownership.
PREMISES & FIT OUT
The business operates from an attractive ground floor unit just off the high street. The premises benefit from:
Recently refurbished front of house and kitchen
Fully fitted commercial kitchen with high-quality appliances
Modern bar with professional back bar equipment
Elegant furniture and décor throughout
Riverside terrace - highly desirable for private events and summer trade
New operator requires no capital expenditure to continue trading
The lease includes a low fixed rent for the next 3 years, providing excellent value and financial stability.
MARKET & LOCATION
Market Harborough is a sought-after and affluent market town in Leicestershire, known for its independent shops, restaurants, and lively atmosphere. Fifty Eight is positioned in a high footfall area close to the high street, attracting a mix of:
Local residents
Weekend visitors
Corporate and private event bookings
Coffee and lunch trade during daytime hours
The local hospitality market is underserved in the premium-casual space, which this venue successfully occupies.
GROWTH OPPORTUNITIES
Fifty Eight is already a successful, self-contained business, but a new operator could further increase revenue by:
Launching delivery or click & collect service
Introducing a brunch or daytime food menu
Expanding vegan, vegetarian, and allergen-friendly options
Developing a dedicated website with integrated booking and pre-ordering
Expanding private hire and corporate catering services
Using the brand to launch additional locations or franchises
REASON FOR SALE
The current owners are looking to explore other opportunities and are offering the business for sale as a going concern, with all assets, branding, and goodwill included.
SALE DETAILS
Asking Price: £115,000 + SAV
Includes: Full fixtures, fittings, branding, customer base, social media, and goodwill
Stock: Additional at valuation
Lease: Assignment of existing lease (terms available on request)
Handover: A full transition period can be provided to ensure a smooth transfer
VIEWING ARRANGEMENTS
All enquiries and viewings are handled on a strictly confidential basis and are by appointment only through Goodwins Business Brokers.
To request further information or arrange a visit, please contact:
Energy Performance Certificates
EPCSt. Marys Road, Market Harborough, Leicestershire, LE16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Market Harborough Station0.4 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference GO2543. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Goodwins Business Brokers Ltd, Covering - Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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