Retail in Midlothian available for sale
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Retail Properties for Sale near Midlothian

Find Retail Property for sale in Midlothian that meets your business or investment goals

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

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 Property Agents

Date on Market:

18/01/2026

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More details for 17 St Andrew St, Dalkeith - Retail for Sale

17 St Andrew St

Dalkeith, EH22 1AR

  • Retail for Sale
  • £215,000
  • 1,344 sq ft
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More details for 158 Lanark Road West, Currie - Retail for Sale

158 Lanark Road West

Currie, EH14 5NY

  • Retail for Sale
  • £500,000
  • 1,991 sq ft
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Retail Properties for Sale Within 10 miles of the Midlothian

More details for 108-114 Blackford Av, Edinburgh - Retail for Sale

108-114 Blackford Av

Edinburgh, EH9 3HN

  • Retail for Sale
  • £100,000
  • 312 sq ft
  • 1 Unit Available
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More details for 5 Piershill Pl, Edinburgh - Retail for Sale

5 Piershill Pl

Edinburgh, EH8 7EH

  • Retail for Sale
  • £150,000
  • 915 sq ft
  • 24 Hour Access

Edinburgh Retail for Sale

5 Piershill Place, Edinburgh EH8 7EH DEVELOPMENT OPPORTUNITY Planning in for a two-bedroom flat. Class 10 (Non-Residential Institutions) Property Overview 5 Piershill Place is a commercial unit which has been previously used as a church/chapel building in the Piershill area of Edinburgh, offered for sale with vacant possession as a straightforward commercial purchase. The property is expected to appeal to owner-occupiers, investors and developers seeking a character building with alternative-use potential, subject to all necessary consents. The location sits to the east of Edinburgh city centre with convenient access to Meadowbank, Portobello Road and the A1 corridor. Key Selling Points • Straightforward commercial purchase with vacant possession. • Attractive opportunity for a range of occupiers, investors or developers. • Characterful former chapel premises with scope for repurposing. • Existing planning application for change of use and conversion to a two-bedroom flat. • Well placed within an established residential area to the east of the city centre. Planning Context Public planning records indicate a current application for change of use of the existing church (Victory House Chapel) and conversion to create a two-bedroom flat under reference 26/01917/FUL, together with a related listed building consent application under reference 26/01951/LBC for mainly internal alterations plus limited external works to the rear elevation. Both applications were recorded as awaiting assessment when last publicly referenced. Interested parties should make their own enquiries with the City of Edinburgh Council and review all planning documentation before relying on the proposal. Accommodation The property comprises a former chapel/commercial premises arranged to provide open internal accommodation capable of adaptation, subject to survey and consents. Total Ground Floor Area: 85 Sq. m (915 Sq. ft) Suitable For The property may suit a variety of purchasers including commercial owner-occupiers, studio or workshop users, community-oriented uses, or developers seeking to progress the residential conversion opportunity, all subject to the appropriate statutory consents and technical due diligence. Sale Terms The property is offered for sale on a heritable interest basis with vacant possession, subject to contract. The Sought Price is offers over £150,000. Each party to be responsible for their own legal costs. Any transaction will be subject to the usual anti-money laundering and identity checks. Two-bedroom flats typically range from £185,000 to £290,000 Depending on the exact location, condition, and type of building. For an experienced developer or builder with resources a decent margin should be achievable if done to a good standard. Rateable Value The premises have a rateable value of £6,200 effective from the 1st of April 2026. Important Notice These particulars are intended as a general guide only and do not form part of any offer or contract. All statements, dimensions, planning references and development potential should be independently verified by prospective purchasers. Any future use or redevelopment is strictly subject to obtaining all necessary planning, listed building and other statutory consents.

Contact:

IME Property Agents

Property Subtype:

Bar

Date on Market:

11/06/2026

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More details for 136-138 Gorgie Rd, Edinburgh - Retail for Sale

136-138 Gorgie Rd

Edinburgh, EH11 2NS

  • Retail for Sale
  • £350,000
  • 821 sq ft
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More details for 4-6 Polwarth Gdns, Edinburgh - Retail for Sale

4-6 Polwarth Gdns

Edinburgh, EH11 1LW

  • Retail for Sale
  • £225,000
  • 1,172 sq ft
  • 1 Unit Available
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More details for 5-7 Kingsknowe Park, Edinburgh - Retail for Sale

5-7 Kingsknowe Park

Edinburgh, EH14 2JQ

  • Retail for Sale
  • £250,000
  • 984 sq ft
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FAQs About Retail Property For Sale in Midlothian

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Midlothian?
There are currently 2 retail properties available for sale. Sizes range from 1,344 sq ft to 1,991 sq ft, with an average size of 1,668 sq ft. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Midlothian?
The average asking price is approximately £153 per sq ft, with prices ranging from £119 to £187 per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from 1,344 sq ft to 1,991 sq ft, with an average size of 1,668 sq ft. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Midlothian

With 3 retail units currently available for sale in Midlothian, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Midlothian, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Midlothian, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Midlothian can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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