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Highlights
- The property is located on the western end of Bank Street
- The town benefits from a strong student presence due to the nearby Heriot Watt University
- A prominent Category C Listed building
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 121 | 797 SF | 5-30 Years | $10.23 /SF/YR $0.85 /SF/MO $8,156 /YR $679.70 /MO | Fully Repairing & Insuring |
Ground, Ste 121
121 High Street, Galashiels TD1 1RZCLASS 1a, TO LET/MAY SELLLOCATIONThe 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.DESCRIPTION121 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.ACCOMMODATIONAccording to our recent measurement survey the premises contain the following approximate internal areas:Internal area: 74 sq m (797 sq ft)SALE PRICE / RENT PRICEOur 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 VALUEAccording 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.UTILITIES The property is served by mains electricity and water.ENERGY PERFORMANCE CERTIFICATEThe Energy Performance Certificate rating is Pending.A copy of the recommendation report is available on request.LEGAL COSTSEach party shall bear their own legal costs with the eventual tenant liable for any LBTT and Registration Dues.ENTRYUpon completion of a formal missive under Scots Law. VIEWING AND FURTHER INFORMATIONBy appointment through the sole letting agent, Ime DJK Group Ltd.
- Use Class: Class 1A
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Heating System
- Demised WC facilities
- Hardwood Floors
- Natural Light
- Display Windows
- High Ceiling
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 797 SF | Gross Leasable Area | 797 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 797 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 797 SF |
| Year Built | 1960 |
About the Property
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.
- 24 Hour Access
Nearby Major Retailers
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121 High St
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