Offered for sale only due to our client's plans to emigrate, the business operates as a beach concession, principally as a watersports centre with exclusive rights to certain water-borne activities in Sandown Bay.
Sandown Bay is noted for its wide expanse of gently shelving sandy beach. The business itself is in a prime location on the beachfront, adjacent to the memorial slipway, and offers some 190m of beachfront, subject to 10-year licence arrangements with IW Council, currently until 31st March 2027.
The business effectively operates from June - August and is offered for sale with an inventory to include all equipment, currently 90 sunbeds, 60 chairs, 40 parasols, 25 windbreaks, 13 kayaks (doubles and singles), 8 pedal-boats, 3 paddleboards, a 5.5m rib with 100HP (new in 2018 so still under warranty) and a variety of inflatables.
Also included is a small on-site kiosk/office building, which is removed during the winter months for safekeeping.
Current licensed operations are sunbeds, kayaks, pedal-boats, towing of inflatables, plus deckchairs. Beach huts may be added to the licence, we understand, for an additional income.
The business shows consistent annual profits, but income does vary according to the season.
The client's website www.sandownbeachire.com will be included as part of the sale.
This is a rare opportunity perhaps for an individual entering semi-retirement or maybe looking for secondary income, and early interest is encouraged.
Further details are available from the sole agents.
Popular sandy resort - Sandown beach.