Retail in TD4 available to rent
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Shops & Retail Units to Rent in TD4

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Shops & Retail Units to rent within 10 miles of TD4

More details for 121 High St, Galashiels - Retail to Rent

121 High St

Galashiels, TD1 1RZ

  • Retail to Let
  • £6,000 pa
  • 797 sq ft
  • 1 Unit Available Now
  • 24 Hour Access

Galashiels Retail to Rent

121 High Street, Galashiels TD1 1RZ CLASS 1a, 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 £6,000 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.

Contact:

IME DJK Group Ltd

Date on Market:

14/01/2025
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Frequently Asked Questions About Renting a Shop in TD4

How many retail properties are currently available in TD4?
There are currently 0 retail properties available. Sizes range from to , with an average size of. Whether you're looking for a small high street shop or a larger retail unit, there are a variety of options to explore.
What does it cost to rent a shop in TD4?
Average asking rents are around per sq ft, although costs vary depending on the property's location, size, condition, visibility, and nearby amenities. Lease terms and local demand can also influence pricing.
What sizes of retail space are available?
Available properties range from to , with an average size of. This means there are options suitable for everything from independent retailers to larger national brands.
What use class do shops fall under?
Most shops fall within Use Class E, which covers a wide range of commercial uses including retail, cafes, salons, showrooms, and certain professional services. Before signing a lease, it's worth checking that your intended use complies with local planning requirements.
What types of retail property can I rent?
Retail opportunities can include high street shops, shopping centre units, retail park space, corner units, kiosks, and parade shops. Available properties vary in size, frontage, layout, and customer footfall.
What should I look for when choosing a retail property?
Consider factors such as customer footfall, visibility, accessibility, nearby businesses, delivery access, and the suitability of the space for your operation. It's also important to budget for business rates, service charges, and any fit-out work that may be required.
What is included in a typical retail lease?
Lease agreements usually set out the rent, length of term, repair responsibilities, service charges, permitted use, and any break options. Many retail leases are full repairing and insuring (FRI), although terms can vary between properties.
Can I change how a shop is used?
Possibly. Some changes may be permitted within Use Class E, while others may require planning consent. If you're considering a different use, it's best to check with the local planning authority before committing to a property.
Are business rates included in the rent?
Business rates are usually charged separately from rent. Depending on the property's rateable value, some occupiers may be eligible for Small Business Rate Relief or other local support schemes.
Can I sublet or assign my lease?
This depends on the lease agreement. Some landlords allow subletting or assignment with prior consent, while others may place restrictions on these arrangements. Always review the lease terms carefully before signing.
How can I find the right retail property?
Start by identifying your preferred location, budget, space requirements, and target customer base. Comparing available properties and speaking with local commercial property professionals can help you find a space that aligns with your business goals.

Find More Shops & Retail Units to Rent in and Near to TD4 on LoopNet

You searched for shops to rent in TD4. Explore 0 retail units from top retail agents on LoopNet. Whether you're looking for retail units, high-street shops, or units in shopping centres, LoopNet offers a comprehensive selection to help you find the ideal location for your retal business. Each listing includes detailed information on property usage, size, rent, and high-quality floor plans and photos. With the most extensive inventory of retail properties worldwide, LoopNet is your trusted partner in finding the perfect retail unit.

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