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Scarborough Beachside Home with Airbnb & Bike Rental Business for Sale

Scarborough, North Yorkshire
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Bike & Beach Hire, Airbnb plus Large Family Home Photo 1
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  • Status

    FOR SALE

  • Date Submitted:

    16/03/24

  • Advert ID

    608330

  • Freehold: £570,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Home Based
  • Established Business
  • Prime Location
  • Attractive Business
  • Unique Business
  • Fully Fitted
  • Accounts Available
  • Close to Local Amenities

Business Details

Bike & Beach Hire, Airbnb plus Large Family Home

After much deliberation, we have decided to sell our beautiful four-bedroom beachside home, which comes with an established and highly profitable bike and beach rental business called Bayhire. This unique arrangement presents an exciting opportunity to live and work from a stunning seafront location in Scarborough while earning a substantial income for part-time work.

Bayhire is the only bike rental in the area and much appreciated by both UK and international visitors who love the popular 21-mile cycle route to Whitby along the cinder track. Despite operating only six months a year, involving merely three hours of work daily, this well-established, five-star-rated business earns the equivalent of two full-time annual salaries. It has immense growth potential for those willing to invest more time and energy.

The business will be sold complete with a large fleet of bikes, including e-bikes, kayaks, paddleboards, and all the related equipment. It also includes a highly rated Airbnb annexe, a separate housing unit that comfortably sleeps two people.

Moving on to the home, it's a convenient five-minute walk from the North Bay beach and the popular open-air theatre. The top floor comprises an en-suite master bedroom, blessed with stunning views of the sea and castle, and equipped with spacious storage facilities. There are three additional double bedrooms and a bathroom with a walk-in shower on the middle floor. Plus, an office situated on the mezzanine.

The ground floor accommodates two reception rooms, a utility room (with WC), a breakfast bar area, and a newly fitted kitchen. The outdoors showcases a covered dining area that comes with an outdoor kitchen and a pizza oven. The courtyard garden houses a top-spec 32amp jacuzzi hot tub. The separate beach hut annexe, currently listed on Airbnb, features its kitchen area and a WC.

Additionally, there is a large front garden featuring off-street parking, a driveway, and a converted single garage equipped with shower facilities for our surfing guests. Unfortunately, we have decided to relocate overseas. Therefore, we are offering this unique opportunity to interested buyers.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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