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2 The Sq 301 SF of Assignment Available in Penicuik EH26 8LJ
Assignment Highlights
- The property occupies a prime trading position at The Square
- Penicuik is a thriving Midlothian town approximately 10 miles south of Edinburgh
- The Square benefits from high pedestrian footfall
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 2 | 301 SF | Jan 2047 | $55.47 CAD/SF/YR $4.62 CAD/SF/MO $16,696 CAD/YR $1,391 CAD/MO | Fully Repairing & Insuring |
Ground, Ste 2
The space comprise of 602 square feet of retail space. 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.
- Use Class: Class 1A
- Assignment space available from current tenant
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Private Restrooms
- Lease available for sale
- Open plan
- Natural light
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 301 SF | Gross Leasable Area | 602 SF |
| Property Type | Retail | Year Built | 1950 |
| Total Space Available | 301 SF |
| Property Type | Retail |
| Gross Leasable Area | 602 SF |
| Year Built | 1950 |
About the Property
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: £65,000 (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, cafés, 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 property’s 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: Offers in the region of £220,000 for the freehold Viewings Strictly by appointment only through Ime DJK Group Ltd.
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2 The Sq
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