London-based Goldgenie is selling a men’s racing bicycle covered in 24-carat gold plating, making it one of the most luxurious in the world.

With an eye-watering price tag of £250,000, it is worth more than a Ferrari and could prove to be a unique toy for one of the capital’s super-rich residents.

If gold plating isn’t enough, the company can have the ‘ultimate once-in-a-lifetime luxury gift’ encrusted with jewels.

Billed as ‘a mobile golden masterpiece’, the bicycle turned heads when Goldgenie took it for a spin near its offices in Westminster.

Frank Fernando, director of Goldgenie, said: ‘It’s the most amazing piece of movable sculpture in the world.

‘This particular bike comes in at just under £250,000 but we as a company embellish and diamond encrust, which is what my intentions are with this bike to the requirements of any potential customer.’

Almost every inch of the bicycle is plated in gold, including its chain, handlebars and spokes.

Goldgenie’s range of luxury gifts includes gold-plated iPhones, Beats by Dre headphones studded with Swarovski crystals and a 24-carat gold replica of James Bond’s signature Walther PPK handgun.

Mr Fernando added: ‘We’ve just recently had an enquiry for, believe it or not, for a 24-carat gold plated toilet … including the seat and the commode and also a 24-carat gold vibrator.’

And the bicycle is no one-off, with Mr Fernando saying additional orders are already coming in.

(dailymail.co.uk)