Retail in Tweedbank available for sale
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Retail Properties for Sale near Tweedbank, Galashiels

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Retail Properties for Sale Within 5 miles of the Tweedbank, Galashiels

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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LoopNet UK Borders The Galashiels Retail Properties For Sale in Tweedbank, Galashiels, UK

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FAQs about Retail property for sale in Tweedbank

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Tweedbank?
There are currently 0 Retail Properties available for sale near Tweedbank. These Tweedbank Retail Property listings have an average size of. The largest available listing in Tweedbank is. The thriving commercial centre and excellent transport links in Tweedbank make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Tweedbank?
The average price/SF for Retail Property for sale in Tweedbank is about. The cost per sq ft for Retail Property in Tweedbank ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Tweedbank?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Tweedbank?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Tweedbank is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Tweedbank, Galashiels

With 0 retail units currently available for sale in Tweedbank, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Tweedbank, 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 Tweedbank, 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 Tweedbank 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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