Summary - 1, PARK STREET, GALASHIELS TD1 1BZ
1 bed 1 bath Commercial Property
Low-cost, high-yield shop opportunity near the train station.
Prime high‑street location with large daily footfall
This compact high‑street commercial unit offers clear income potential in Galashiels’ busy town centre. At 57 sqm (approx. 613 sqft) it suits small retail, personal services or similar uses and benefits from a low rateable value of £7,000 p.a., currently qualifying for 100% small business relief.
Projected rents of around £550–£650 pcm suggest strong yield potential for investors, particularly given the unit’s prominent shopfront, large windows and steady daily footfall. It is a short seven‑minute walk from Galashiels train station, placing it well for passing trade and convenience services.
Buyers should note material considerations: the property will be offered at auction and tenure is listed as unknown, so purchasers must carry out legal and title checks. Any change of use will require the necessary planning permissions. The local area is classified as very deprived, which affects local spending power despite regeneration and good transport links.
The unit is offered as a straightforward, affordable entry for commercial investors or an owner‑occupier wanting a town‑centre base. It’s best suited to buyers prepared to manage permissions and carry out light refurbishment to suit a chosen use.
High street retail property for sale in 1 Park Street, Galashiels, TD1 1BZ, TD1 — £45,000 • 1 bed • 1 bath • 613 ft²
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Commercial property for sale in 80/82 Channel Street, Galashiels, Selkirkshire, TD1 — £130,000 • 1 bed • 1 bath • 2787 ft²
Commercial property for sale in 38 Channel Street, Galashiels, Scottish Borders, TD1 1BA, TD1 — £197,000 • 1 bed • 1 bath • 4960 ft²
Commercial property for sale in 55 High Street, Galashiels, Selkirkshire, TD1 — £80,000 • 1 bed • 1 bath • 1373 ft²
Mixed use property for sale in Channel Street, Galashiels, Selkirkshire, TD1 1BA, TD1 — £20,000 • 1 bed • 1 bath • 1323 ft²
