Retail in Oxton Scottish Borders available for sale
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Retail Property for Sale near Oxton, Scottish Borders (Lauder)

Retail Properties for Sale Within 10 miles of the Oxton, Scottish Borders (Lauder)

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

121 High St

Galashiels, TD1 1RZ

  • Retail for Sale
  • £116,000
  • 797 sq ft
  • 24 Hour Access

Galashiels Retail for Sale

121 High Street, Galashiels TD1 1RZ CLASS1a, TO LET/MAY SELL LOCATION 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. DESCRIPTION 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. ACCOMMODATION According to our recent measurement survey the premises contain the following approximate internal areas: Internal area: 74 sq m (797 sq ft) SALE PRICE / RENT PRICE 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. RATEABLE VALUE According to the Scottish Assessors website (www.saa.gov.uk) 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. UTILITIES The property is served by mains electricity and water. ENERGY PERFORMANCE CERTIFICATE The Energy Performance Certificate rating is Pending. A copy of the recommendation report is available on request. LEGAL COSTS Each party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues. ENTRY Upon completion of a formal missive under Scots Law. VIEWING AND FURTHER INFORMATION By appointment through the sole letting agent, Ime DJK Group Ltd.

Contact:

IME DJK Group Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

31/03/2026

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FAQs About Retail Property For Sale in Oxton Scottish Borders

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How many retail properties are currently available for sale in Oxton Scottish Borders?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Oxton Scottish Borders?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Oxton, Scottish Borders (Lauder)

With 0 retail units currently available for sale in Oxton Scottish Borders, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Oxton Scottish Borders, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Oxton Scottish Borders, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Oxton Scottish Borders can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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