Ever dreamed of owning one of the nation’s top commercial venues? Well, that wish is set to become a reality for someone after British Waterways announced its shock decision to put the prolific Makin’s Fishery on the market for less than £1 million.
The huge Wolvey-based site, which contains an unbelievable 600 pegs spread over 18 lakes, has been put up for sale for a mere £900,000, just five years after BW shelled out over £1 million for what was the nation’s first-ever major commercial complex.
Makin’s attracts literally thousands of pleasure, match and specimen anglers on a monthly basis and is also home to the country’s biggest winter league, with around 300 anglers battling it out every year to take the prestigious title. Events are also plentiful throughout the warmer months, including qualifiers for the BW Stillwater Championships.
Angling Times columnist Steve Ringer is one of many high-profile anglers who make regular trips to the complex. He said: “There are so many well-stocked lakes and each one offers something different. There is also plenty of space, and it’s easy to see why thousands of people visit Makin’s every month.”
The venue is being sold through Fenn Wright Estate Agents and its fisheries expert Martin Freeman is convinced the complex is fully capable of making heaps of cash for its new owners.
“Most of the turnover is currently generated from day-ticket sales, although given the necessary planning consents I think it would be possible to increase current turnover considerably with the provision of a larger tackle shop and café facilities on the site,” explained Martin.
As news of the sale was made public, rumours began to circulate on numerous internet forums regarding the reason behind BW’s decision to sell the complex. However, the group’s angling co-ordinator Carl Nicholls claims the decision is purely financial. He told AT:” “Money is currently tight at BW and as such we’re not in a position to keep developing the site and take Makin’s forward right now.”