Property Details

Lot 101d

Guide Price: £54,000

25 The Square, Penicuik, EH26 8LH


Ground floor and basement former hairdressers retail unit located centrally within the historic market town of Penicuik in a traditional stone built building**IDEAL INVESTMENT - COMMERCIAL UNIT**


  • Approximately 330 square feet in size - FANTASTIC TENANT DEMAND - POTENTIAL RENTAL INCOM £8000 per annum Penicuik has a population of 16,000 - ripe for change of usage subject to researching and gaining necessary consents
  • **TOWN CENTRE LOCATION**Unit laid out to provide a front sales area, which was being utilised as a hair salon with a toilet compartment to the rear. The basement level is being utilised as a small kitchen/tea prep area and provides access to a rear courtyard.
  • The property is situated to the Southmost side of Penicuik and sits on the corner of Bridge Street and the High Street, which together form part of the principal arterial road linking Edinburgh with the Borders town of Peebles and, therefore, offering good visibility and passing trade.
  • Penicuik town centre offers a wide variety of shops and services, including a Tesco Supermarket. Straiton Retail Park is only a short drive away and is open seven days a week.

The unit comprises a ground floor and basement floor retail unit which is part of a 2 storey traditional stone built property with a pitched and slated roof. The property’s frontage comprises a single display window and is accessed through a single timber pedestrian door. The property is situated to the Southmost side of Penicuik and sits on the corner of Bridge Street and the High Street, which together form part of the principal arterial road linking Edinburgh with the Borders town of Peebles and, therefore, offering good visibility and passing trade. POTENTIAL RENTAL INCOME £8000 PER ANNUM. Internally the subjects are presented in a good condition having being well maintained and are currently laid out to provide a front sales area, which is being utilised as a hair salon with a toilet compartment to the rear. The basement level is being utilised as a small kitchen/tea prep area and provides access to a rear courtyard. Penicuik is a popular, bustling town lying approximately eight miles south of Edinburgh City Centre. Penicuik town centre offers a wide variety of shops and services, including a Tesco Supermarket. Straiton Retail Park is only a short drive away and is open seven days a week. Here you will find an extensive range of shopping facilities, including Marks and Spencer Simply Food, Sainsbury Supermarket, Ikea, Argos, Next and Boots, to name but a few. Regular bus services run from this area to the City Centre or by travelling north one can connect with the City Bypass. In addition, Penicuik is on the main road to Peebles and further south.

Guide Price: £54,000

Bid Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Internal Open Viewings Schedule:


Internal Open Viewings Explained:

This property will be open for internal viewings at the above dates and times. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:

You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form

Auction Details


  • Auction Date: 09 February 2017
  • Start Time: 7.00pm
  • Auction Location:
  • Edinburgh Marriott Hotel
  • 111 Glasgow Road, EH12 8NF

Directions: View a Map & Directions to the Auction Venue.

Glasgow Radisson
| Edinburgh Marriott

Registration: You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs: All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits: If you are a successful purchaser of a lot then a deposit of 10% will be required. The deposit is accepted by the following methods:

Deposit Method: Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.


Bidding Options

Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form