Commercial Property in Peebles available for sale
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Commercial Property for Sale near Peebles, UK

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Commercial Properties for Sale Within 10 miles of the Peebles, UK

More details for 16 St. Ronan's Ter, Innerleithen - Hospitality for Sale

Glede Knowe Guest House - 16 St. Ronan's Ter

Innerleithen, EH44 6RB

  • Hospitality for Sale
  • £725,000
  • 4,555 sq ft

Innerleithen Hospitality for Sale

Glede Knowe Guest House is an immaculately presented, modern, detached guest house that is currently operating as a warm and welcoming 4-star bed and breakfast, situated in an elevated position in the charming town of Innerleithen in the Scottish Borders. With 7 letting rooms (5 en-suite), the business is easily managed and generates healthy profits. While it currently runs from March to October as a lifestyle choice, it could be operated year-round, presenting a wonderful opportunity to acquire an excellent business in a beautiful location.

Contact:

CCL Property

Property Subtype:

Hotel

Date on Market:

09/05/2024
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FAQs about Commercial Properties For Sale in Peebles

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How many Commercial Property listings are available for sale in Peebles?
There are currently 2 Commercial Properties available for sale near Peebles. These Peebles Commercial Property listings have an average size of 8,181 sq ft. The largest available listing in Peebles is 8,181 sq ft. The thriving commercial centre and excellent transport links in Peebles make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Peebles?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Peebles currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Peebles?
There is a diverse range of commercial properties available in Peebles to suit various business needs. Peebles offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 2 Peebles commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Peebles, UK

Market Overview for Commercial Properties in Peebles

Key information for Commercial Properties investors in Peebles and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Innerleithen £117 4,555 sq ft
Penicuik £61 4,875 sq ft
Biggar £32 34,579 sq ft
Arbroath £38 10,589 sq ft

Rental Price Trends in Peebles

The price per square foot range for Commercial Properties in Peebles and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Innerleithen £117 £117 £117
Penicuik £46 £61 £76
Biggar £32 £32 £32
Arbroath £6 £38 £77

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Peebles area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Peebles 8,181 sq ft 8,181 sq ft 8,181 sq ft
Innerleithen 4,555 sq ft 4,555 sq ft 4,555 sq ft
Penicuik 3,804 sq ft 4,875 sq ft 5,945 sq ft
Biggar 34,579 sq ft 34,579 sq ft 34,579 sq ft
Arbroath 441 sq ft 10,589 sq ft 93,799 sq ft

You searched for commercial property for sale in Peebles. Explore 2 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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