Shed 5 is a seafood restaurant in one of the oldest wharf stores on Lambton Harbour. The wooden building was constructed in 1887 for storing and distributing goods, and it has been a wool shed and a busy fish market. It is a heritage listed building, and the restaurant opened in it in 1992.
The seafood is mostly local. Small day boats based at Island Bay and Paremata fish the waters from the Kapiti Coast around to the Wairarapa, and the restaurant's fishmonger fillets each fish by hand on site. The menu lists New Zealand fish such as hapuku, tamure (snapper), blue cod, kingfish and Big Glory Bay salmon, and crustaceans such as blue swimmer crab and king crab are sourced offshore. The bar serves cocktails, wine, beer, spirits and non-alcoholic drinks, in a warm setting for a leisurely meal.