Future Property Auctions · 29 Oct 2026 · in 10 days
49 Channel Street, Galashiels, TD1 1BJ
49 Channel Street, Galashiels, TD1 1BJ · Scotland
LiveRetailFreeholdVacantGuide cut
- Opening bid
- £47,000was £51,000a starting bid, not a guide: lots usually sell well above it
- Rent a year
- ≈£8,800est.
- Yield on the opening bid
- –
- Payback
- –
- Net yield, after buying costs, at the opening bid
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 618 sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
- Guide cut from £51,000 to £47,000 (8% lower), 18 Oct 2026.
Future Property Auctions' record
Future Property Auctions' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold retail lot in Galashiels. Offered vacant, so there's no income from day one.
Commercial Investment. ***VACANT POSSESSION RENTAL POTENTIAL £13,000 per annum*** (618sq ft) EXCELLENT TRADING POSITION. Compromised: single entrance leading to a open plan retail space with store, tea prep and WC facilities to the rear. Ground floor retail unit within a larger mixed use tenemental development. PRIME INVESTMENT PROPERTY **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION. EXCELLENT TRADING POSITION Nearby traders include Nationwide Building Society, Holland & Barrett, Argos, TUI and many others. The property is situated on the north side of Channel Street, with access and frontage also on Douglas Bridge, within the town of Galashiels. Galashiels is a busy Scottish market town located in the Borders some 30 miles south of Edinburgh and 30 miles west of Berwick Upon Tweed. The town has a resident population of some 14,000 persons. Communication links are provided via a direct train line to Edinburgh and also the A7 trunk road which links to Edinburgh, Hawick and Carlisle. The subjects are located on the north side of Channel Street, the principle retailing street within the town. Nearby traders include Nationwide Building Society, Holland & Barrett, Argos, TUI and many others.
Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.