Marylebone a shoal thing for Fishworks

11 August 2004
Marylebone a shoal thing for Fishworks

Seafood restaurant chain and fishmonger Fishworks is to open a fifth new operation in November, this time on London's Marylebone High Street.

It will be the second restaurant in the city for the group, which started in Bath as a fishmonger but has since opened restaurants in Bristol; Christchurch, Dorset; and Chiswick in London.

Its new venue, which was once occupied by the Villandry restaurant, is expected to cost £450,000-£500,000 to purchase and refurbish.

Chief executive Roy Morris said: "The Marylebone village demographics, style and existing retailers and restaurants look a perfect match for the Fishworks offering."

The group expects to have chosen two more new sites in the capital by early next year, with Islington and Chelsea as potential locations.

News of the latest acquisition came as Fishworks reported sales up by 70% to £2.5m in the year to 29 February.

However, Fishworks also reported a rise in pre-tax losses from £360,000 to £560,000, due to about £200,000 in refurbishment costs across the group's portfolio. This meant that, overall, the group lost three months' trading.

"The new, consistent style in each of the four outlets supports the brand and confirms our commitment to quality and service," said Morris. "We are in very good nick for the future."

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking