Electricity:
I would recommend to mount it on the wall. It is usual that you will change or adapt the electric installation by the time to new needs or if you generate new ideas how to place the machines. In wall installations do not provide the opportunity to change it easily. No matter how long you plan and sit down and think, after a short while you will find out what to change, that is a normal process.
Piping:
If you have a heated place the pipes will give the heat more easy into the room if also installed on the wall, given it is more ugly.