Commercial Property in West Linton available for sale
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Commercial Property for Sale near the West Linton, UK

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Commercial Properties for Sale Within 10 miles of the West Linton, UK

More details for Howgate, Penicuik - Retail for Sale

Former Howgate Restaurant - Howgate

Penicuik, EH26 8PY

  • Retail for Sale
  • £395,000
  • 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:

Graham & Sibbald

Property Subtype:

Restaurant

Date on Market:

22/06/2020
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Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in West Linton

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How many Commercial Property listings are available for sale in West Linton?
There are currently 1 Commercial Properties available for sale near West Linton. These West Linton Commercial Property listings have an average size of 2,282 sq ft. The largest available listing in West Linton is 2,282 sq ft. The thriving commercial centre and excellent transport links in West Linton make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in West Linton?
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 West Linton currently range from £64 to £64 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in West Linton?
There is a diverse range of commercial properties available in West Linton to suit various business needs. West Linton offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 West Linton 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 West Linton, UK

Market Overview for Commercial Properties in West Linton

Key information for Commercial Properties investors in West Linton 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
West Linton £64 2,282 sq ft
Innerleithen £119 4,555 sq ft
Penicuik £78 3,804 sq ft
Carnwath £48 11,683 sq ft

Rental Price Trends in West Linton

The price per square foot range for Commercial Properties in West Linton 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
West Linton £64 £64 £64
Innerleithen £119 £119 £119
Penicuik £78 £78 £78
Carnwath £48 £48 £48

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
West Linton 2,282 sq ft 2,282 sq ft 2,282 sq ft
Innerleithen 4,555 sq ft 4,555 sq ft 4,555 sq ft
Penicuik 3,804 sq ft 3,804 sq ft 3,804 sq ft
Peebles 2,727 sq ft 2,727 sq ft 2,727 sq ft
Carnwath 11,683 sq ft 11,683 sq ft 11,683 sq ft

You searched for commercial property for sale in West Linton. Explore 1 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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