Former Howgate Restaurant Howgate 3,804 SF Retail Building Penicuik EH26 8PY $524,639 ($137.92/SF)

INVESTMENT HIGHLIGHTS

  • Within Commuting Distance of Edinburgh City Centre
  • Great Transport Links.
  • Car Parking

EXECUTIVE SUMMARY

The subjects comprise of a single storey traditional stone built former restaurant that sits on approximately 1.325 acres. The Former Howgate Restaurant presents a unique opportunity to convert, extend and create a variety of new dwelling houses. The development comprises the potential to convert the former restaurant into two new dwellings with a further 5 new builds within the grounds. All of the houses will benefit from private gardens and private off-street parking.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Condo Conversion
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
3,804 SF
Building Class
B
Year Built
1934
Price
$524,639
Price Per SF
$137.92
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.33 AC
Frontage
148’ on A6094

AMENITIES

  • Storage Space
  • Listing ID: 20002128

  • Date on Market: 6/22/2020

  • Last Updated:

  • Address: Howgate, Penicuik EH26 8PY