Commercial Property in EH26 available for sale
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Commercial Properties for Sale near EH26, Penicuik

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More details for Howgate, Penicuik - Retail for Sale

Former Howgate Restaurant - Howgate

Penicuik, EH26 8PY

  • Retail for Sale
  • £500,000
  • 3,804 sq ft

Penicuik Retail for Sale

The subjects comprise of a single storey traditional stone built former restaurant that sits on approximately 1.325 acres. The Former Howgate Restaurant presents a unique opportunity to convert, extend and create a variety of new dwelling houses. The development comprises the potential to convert the former restaurant into two new dwellings with a further 5 new builds within the grounds. All of the houses will benefit from private gardens and private off-street parking.

Contact:

Murray & Currie

Property Subtype:

Restaurant

Date on Market:

22/06/2020
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Commercial Properties for Sale Within 5 miles of the EH26, Penicuik

More details for 2 The Sq, Penicuik - Retail for Sale

2 The Sq

Penicuik, EH26 8LJ

  • Retail for Sale
  • £220,000
  • 602 sq ft
  • 24 Hour Access

Penicuik Retail for Sale

TO LET / MAY SELL Fully Equipped Hot Food Takeaway\ Address: 2 The Square, Penicuik, EH26 8LJ Summary Status: To Let / May Sell Use Class: Hot Food Takeaway (sui generis) Availability: Immediate Average Weekly Sales: £6,000 Rent: £275 per week Lease: 21-year lease available Established: 16 years Premium: £80,000 (for fixtures, fittings, and goodwill) Size: Approx. 581 Sq ft Rates: RV £8,900 Highlights Strong delivery service (Foodhub & Order Yoyo) Spotlessly clean interior Walk-in condition ready to trade immediately Fully equipped for kebabs, pizzas, wraps, burgers, fries Location The property occupies a prime trading position at The Square, right in the heart of Penicuik town centre, a busy commercial hub serving a large residential catchment. The Square benefits from high pedestrian footfall throughout the day, driven by nearby retail outlets, banks, cafes, and essential services. There is ample public parking within a short walk, and the site enjoys excellent visibility to passing traffic on the main thoroughfare. Penicuik is a thriving Midlothian town approximately 10 miles south of Edinburgh, offering strong commuter links via the A701 and regular bus services to the city and surrounding areas. The location is well-suited for both walk-in trade and delivery operations, with established platforms such as Foodhub and Order Yoyo already integrated into the business. The surrounding area includes a mix of independent retailers and national brands, contributing to a vibrant local economy and evening trade. Description This is a well-established and fully equipped hot food takeaway that has successfully traded for 16 years, specializing in kebabs, pizzas, wraps, burgers, and fries. The premises are presented in excellent condition throughout and is truly walk-in ready, requiring no additional investment to commence trading. The layout includes a customer-facing servery and waiting area, designed for efficient order handling and a welcoming experience. Behind the servery is a high-capacity commercial kitchen, fitted with professional-grade equipment including kebab grills, pizza ovens, fryers, prep counters, refrigeration units, and a robust extraction system compliant with current regulations. Ancillary areas provide ample storage, staff facilities, and easy access for deliveries. The business benefits from a delivery service as well as walk ins, integrated with popular platforms such as Foodhub and Order Yoyo, ensuring a steady stream of online orders alongside walk-in trade. The propertys configuration and equipment make it ideal for high-volume operations, whether continuing the existing menu or introducing new concepts. With an average weekly turnover of £6,000 quoted by the client, a premium of £80,000 for fixtures, fittings, and goodwill, and a 21-year lease available at £375 per week, this opportunity offers excellent value for an operator seeking a proven, profitable site in a busy location. RENT & SALE TERMS To Let: £275 per week, 21-year lease available Premium: Premium £65,000 for the leasehold Sale Price: POA for the freehold Viewings Strictly by appointment only through Ime DJK Group Ltd.

Contact:

IME DJK Group Ltd

Date on Market:

18/01/2026
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LoopNet UK Midlothian Penicuik Commercial Properties For Sale in EH26, Penicuik, UK

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FAQs about Commercial Properties For Sale in EH26

See All Properties For Sale
How many Commercial Property listings are available for sale in EH26?
There are currently 3 Commercial Properties available for sale near EH26. These EH26 Commercial Property listings have an average size of. The largest available listing in EH26 is. The thriving commercial centre and excellent transport links in EH26 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in EH26?
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 EH26 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 EH26?
There is a diverse range of commercial properties available in EH26 to suit various business needs. EH26 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 3 EH26 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 EH26, Penicuik

You searched for commercial property for sale in EH26. Explore 3 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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