Retail Property for Sale in EH26, Penicuik

Retail Properties for Sale Within 5 miles of the EH26, Penicuik

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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FAQs About Retail Property For Sale in EH26

See All Retail Spaces For Sale

How many retail properties are currently available for sale in EH26?

There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. 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 EH26?

The average asking price is approximately per sq ft, with prices ranging from to 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 to , with an average size of. 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 EH26, Penicuik

With 0 retail units currently available for sale in EH26, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in EH26, 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 EH26, 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 EH26 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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Retail Property for Sale near EH26, Penicuik