| (REF: Sandown, Isle of Wight) Bike hire business & beach hut great lifestyle business |
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| Seller Reference: |
Sandown, Isle of Wight |
| B4S Reference: |
29153 |
| Asking Price: |
£32,000
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| Net Profit: |
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| Sales Revenue: |
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| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Sandown, Isle of Wight, United Kingdom |
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FOR SALE: Bike hire business operating from a prime location on the beach front in Sandown Isle of Wight comes with very desirable beach hut and all equipment.
This is a great lifestyle business with overheads of only £12 per week the business comes with a rolling 10 year lease at a rent of £430 per year liability insurance for the business for the year is £205 so thats all your overheads are for the year £635, where else would you find a small ready to go business for £12 per week.
can be operated all year simply by advertising on the hut.
Having been granted the rights to operate a bike hire concession by the council no other beach concessions in Sandown would be granted the same rights.
The majority of the bikes are virtually brand new, the business has previously been run as a watersports concession speed boat rides, jet bike hire, paragliding, all of these are still on the lease so could also be operated.
The bikes do not have to be stored at the business premises so the hut can be used for your own personal use.
These concessions do not become available to often some of the other concessions on Sandown seafront have been in the same families for generations.
This is a great opportunity to further expand this great lifestyle business.
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Property: |
Leasehold |
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Lease Terms: |
10 Year rolling council lease, if the council at anytime wish to terminate the lease they have to give a 10 year notice and pay you the full value of the business. |
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Current Rent: |
£435 per year |
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Living Accommodation: |
No |
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Location: |
Located in a prime trading position on Sandown seafront. |
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There are other cycle hire businesses on the Isle of Wight but none can compete with this prime location |
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This is a recent business and has great growth potential |
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due to change in circumstances this is a very reluctant sale we know how much we are going to miss working from this fantastic location. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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9.30 to 5.30, 7 days in the summer. |
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