* Extensive retail premises with large window frontage
* Ground and first floor retail space
* Prominent High Street location in the heart of the Conservation Area
* A core shopping thoroughfare and attractive historic square
* Planning Permission in Principle granted for conversion of first floor to reside
* Rear garden area
* EPC Rating – Band C (32)
_Closing date_ \ - Wednesday 20th September at 12. 00 noon
**Location**
2 - 4 High Street is located within the heart of the Conservation Area of
Penicuik, at the south - west end of the High Street at the junction with West
Street. It sits in a prominent position, at the end of the street, with window
frontage looking onto the High Street.
Penicuik is a mainly residential, satellite town, servicing Edinburgh, but
originating around the older High Street (now a Conservation Area). It retains
a population of around 16, 000 people and lies approximately 9 miles south of
Edinburgh City Centre.
The High Street retains a mixture of retail units, offices and residential
properties, with a central, tree lined, market square area, creating a
pleasant town centre location.
**Directions**
From Straiton, on the south side of the Edinburgh City bypass, head south on
the A701 and continue, following the signs for Penicuik. Once into the town,
continue on the A701 through the town. At the south end of the town, the road
sweeps round and onto the High Street. The property can be seen straight
ahead, at the bottom of the High Street. Parking is available on the High
Street market square area.
Post Code: EH26 8HW
What3words: Move. devoured. spice
**Description**
The property comprises a ground and first floor retail unit, formed within a
two storey, corner building, constructed of solid stone (part harled and tile
clad) walls, under a twin pitched slate roof.
The display windows face east onto the High Street, being the main
thoroughfare, and the building lies in a prominent position within the town
centre, at the junction with West Street and Bridge Street.
Internally, the unit was previously used as a carpet and home furnishings
retailer. It has a sizeable ground floor retail area to the front with open
access to a rear retail area, with small staff room/office off. To the rear, a
staircase gives access to the first floor, with a small landing, leading up to
three separate retail areas, with a staff room/WC.
The property title also includes garden ground to the rear with steps leading
down from the first - floor retail area and direct garden access off West
Street, by way of a garden door.
The property benefits from Planning Permission in Principle for the separation
of the unit, retaining retail space at ground floor level and conversion of
the first - floor space to two, one bedroom flats.
**Areas**
We have measured the property in accordance with the RICS Code of Measuring
Practice 6th Edition. From our measurements, the approximate Net Internal
Areas of the property are, as follows:
Ground Floor – Main Shop – 111 sqM; Staff room/store – 6. 3 sqM
First Floor – First floor retail area – 102 sqM; Staff room/WC – 3. 5 sqM
Total – 222. 8 sqM
**Outbuildings**
The property includes a timber shed, located to the rear of the building.
**Non - domestic rates**
According to the Scottish Assessor's website, the subjects have a Rateable
Value of £13, 200. The uniform business rate for the current year is £0. 498
pence in the pound.
In the 2023/2024 financial year, the Small Business Bonus Scheme gives tapered
relief from 100% to 25% for properties with rateable values between £12, 001
and £15, 000.
**Services**
Mains water, drainage and electricity. Linked security alarm system.
**VAT**
Please note that VAT is not chargeable.
**Planning**
Planning permission was granted by Midlothian Council on 13 April 2023 (Ref
23/00116/dpp) for the conversion of the first floor to two one - bedroom flats.
Further details and copies of planning documentation are available on request
from the selling agents.
**Entry**
By mutual agreement.
**Viewings and further information**
For further information or to arrange an appointment to view please contact
Walker Scott Ireland Ltd. Viewing is strictly by appointment. Interested
parties are advised to note interest with Walker Scott Ireland Ltd in order to
be kept informed of any closing date that is set. Please note, our client need
not accept the highest offer, nor indeed any offer.
**Anti - money laundering regulations**
To comply with current Anti - Money Laundering Regulations, any offer presented
must be accompanied with Notarised/certified photographic evidence of the
purchaser’s identity and separate evidence of the purchaser’s residential
address, or the offering parties must attend our offices with the original
documents, before any acceptance of the offer can be confirmed and the
property put “Under Offer”.

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