Commercial Property in TD1 available for sale
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Commercial Properties for Sale in TD1, Galashiels

Explore the Latest TD1 Commercial Property for Sale

More details for 121 High St, Galashiels - Retail for Sale

121 High St

Galashiels, TD1 1RZ

  • Retail for Sale
  • £116,000
  • 2,728 sq ft

Galashiels Retail for Sale

<p>121 High Street, Galashiels TD1 1RZ</p><p>CLASS1a,</p><p>TO LET/MAY SELL</p><p> </p><p>LOCATION</p><p>The property is located on the western end of Bank Street, a busy part of Galashiels town centre characterised by a mix of retail, office and food related occupiers. Galashiels is one of the largest towns in the Scottish Borders and serves as the regions main administrative and retail hub, with a population of approximately 14,970 and an effective catchment more than 116,000. The town benefits from a strong student presence due to the nearby Heriot Watt University and Borders College campuses at Netherdale, around one mile east. In recent years, Galashiels has seen significant investment including new retail developments and major transport improvements. The Borders Railway provides direct services to Edinburgh Waverley with a typical journey time of around 55 minutes and half hourly departures, enhancing connectivity and supporting local footfall.</p><p> </p><p>DESCRIPTION</p><p>121 High Street offers an attractive ground floor retail unit forming part of a prominent Category C Listed building within Galashiels town centre. The property benefits from an eye catching frontage with two generous display windows and a glazed entrance door, providing excellent branding and signage opportunities. Internally, the unit presents a bright and welcoming open plan space with high ceilings and abundant natural light, offering a flexible layout suitable for a range of uses. A private treatment or consultation room is positioned to the rear left, alongside a conveniently located WC. A further staff/tea prep area is situated at the back of the property. The unit is presented in very good condition throughout and would appeal to a variety of occupiers including retail operators, beauty and wellness providers, treatment or therapy businesses, and office users seeking a well located, move in ready premises.</p><p> </p><p>ACCOMMODATION</p><p>According to our recent measurement survey the premises contain the following approximate internal areas: Internal area: 74 sq m (797 sq ft)</p><p> </p><p>SALE PRICE / RENT PRICE</p><p>Our client is seeking a freehold purchase price for offers over £116,000 or a rent of £8,500 for a lease hold on full repairing and insuring terms and conditions for a minimum term of five years or more.</p><p> </p><p>RATEABLE VALUE</p><p>According to the Scottish Assessors website () the subjects have a Rateable Value of £6400. The uniform business rate for the current year is £0.49 pence in the pound. Occupiers may be eligible for rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.</p><p> </p><p>UTILITIES</p><p>The property is served by mains electricity and water.</p><p> </p><p>ENERGY PERFORMANCE CERTIFICATE</p><p>The Energy Performance Certificate rating is Pending. A copy of the recommendation report is available on request.</p><p> </p><p>LEGAL COSTS Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.</p><p> </p><p>ENTRY Upon completion of a formal missive under Scots Law.</p><p> </p><p>VIEWING AND FURTHER INFORMATION By appointment through the sole letting agent, Ime DJK Group Ltd.</p>

Contact:

IME DJK Group Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

31/03/2026

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More details for 54 Island St, Galashiels - Office for Sale

Shiel House - 54 Island St

Galashiels, TD1 1NU

  • Office for Sale
  • £115,000
  • 889 sq ft
See More
More details for 28 Winston Rd, Galashiels - Land for Sale

28 Winston Rd

Galashiels, TD1 2EJ

  • Land for Sale
  • £750,000
  • 7.66 ac Plot
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FAQs about Commercial Properties For Sale in TD1

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How many Commercial Property listings are available for sale in TD1?
There are currently 5 Commercial Properties available for sale near TD1. These TD1 Commercial Property listings have an average size of. The largest available listing in TD1 is. The thriving commercial centre and excellent transport links in TD1 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in TD1?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in TD1 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in TD1?
There is a diverse range of commercial properties available in TD1 to suit various business needs. TD1 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 TD1 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the TD1, Galashiels

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