A class three lease for a take out and food service unit has been announced in Penicuik by Cornerstone’s sales agents.
The owner of the unit is looking for a lease with a term of around 10 years, the lease price being a zero premium and an annual rent of around Â£ 12,000 per year.
The property is currently marketed as âThe Spice House Indian restaurant and take away,â but it is understood that the space can accommodate a variety of take out, with the exception of a fish and chip business.
The unit is said to be able to accommodate 24 guests at any one time and is available with no business tariffs to pay.
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The Spice House would be conveniently located at 28 The Square, Penicuik, Midlothian EH26 8LH.
On their website, sales agents advertise the property, saying: ‘The Midlothian town of Penicuik lies approximately nine miles south of Edinburgh, close to the Edinburgh City Bypass system as well as the small Midlothian towns. by Roslin and Loanhead.
âThe town is also just east of the A702, one of the main roads south of Edinburgh to the Scottish Borders and beyond. Penicuik is well regarded as an important suburban and satellite town of Edinburgh, with a population of around. 16,000 at the 2011 census.
âThis number is sure to increase over the next few years, as there is already significant home construction work completed and underway in and around the city. The company occupies a leading commercial position in the heart of downtown Penicuik, close to complementary points of sale.
âThe property is currently marketed as The Spice House Indian Restaurant and Take Away. The vacant possession will be available and a new lease will be issued with a negotiable term but our client would prefer a minimum of 10 years. The unit would suit any number of cooking styles. Use as a Fish and Chip Shop will not be permitted.
If you are interested, please email David Higgins at: [email protected]