Guide price
£45,000
Retail premises for sale1 Park Street, Galashiels TD1
About this property
Prime new entry. We are excited to bring to market this fantastic commercial opportunity, located within a prime location in Galashiels.
Property benefits from a rateable value of £7,000 per annum, benefiting from 100% small business relief.
For rental purposes, the property could potentially attract a monthly rent of £550 - £650 per month (£6,600-£7,800 p/a). Sure to appeal to shrewd commercial landlords looking for a unit with excellent yield potential.
Property is 57sqm in size and is an excellent opportunity for investors and owner occupiers alike. Property could lend itself for a number of uses such as hairdresser, tanning shop, retail unit. Potential for change of use subject to gaining necessary permissions.
Property is located in a prime high street location, benefiting from large daily footfall and is situated just a short 7 minute walk from Galashiels Train Station **prime location**
- Prime new entry. We are excited to bring to market this fantastic commercial opportunity, located within a prime location in Galashiels.
- Property benefits from a rateable value of £7,000 per annum, benefiting from 100% small business relief.
- For rental purposes, the property could potentially attract a monthly rent of £550 - £650 per month (£6,600-£7,800 p/a). Sure to appeal to shrewd commercial landlords looking for a unit with excellent yield potential.
- Property is 57sqm in size and is an excellent opportunity for investors and owner occupiers alike. Property could lend itself for a number of uses such as hairdresser, tanning shop, retail unit. Potential for change of use subject to gaining necessary permissions.
- Property is located in a prime high street location, benefiting from large daily footfall and is situated just a short 7 minute walk from Galashiels Train Station **prime location**
We are excited to bring to market this fantastic commercial opportunity, located within a prime location in Galashiels.
Property comprises: Shop floor, kitchen, bathroom. Property benefits from ample space for storage. **57sqm**
Property could potentially command an annual rent of £6,600-£7,800 p/a. Sure to appeal to commercial investors looking for an affordable property with fantastic yield potential.
***rateable value £7,000 P/A***
**prime high street location**
Property could lend itself for a number of uses such as hairdresser, tanning shop, retail unit. Potential for change of use subject to gaining necessary permissions.
Prime Opportunity for Property investors & owner occupiers looking for a spacious unit in an excellent location.
This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Galashiels is popular with both residents and investors thanks to its affordable property prices, strong rail links to Edinburgh via the Borders Railway, and ongoing regeneration that's improving the town centre and boosting business activity. The area offers a good quality of life with plenty of green space, solid amenities, and cultural draws like the Great Tapestry of Scotland. Demand for housing is strong-some developments have seen dozens of applications per home-and properties often sell quickly, which gives investors confidence in market liquidity. Overall, Gala offers a blend of value, connectivity, and growth potential that makes it an appealing place to live and invest.
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