113-117 High Street, Galashiels, TD1 1RZ

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.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

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How it compares

History

• First listed on Cornerlot 11 Oct 2026.

Future Property Auctions' record

About the lot

Freehold land lot in Galashiels. Offered vacant, so there's no income from day one.

Commercial Investment. ***Supersized commercial unit in the Heart of Galashiels. Incredible development opportunity of vacant building***. ***FREEHOLD property with full vacant possession*** The property comprises 9 separate areas laid out over 2 levels with potential to subdivide and rent out or sell***. ***Overall combined area of approximately 1100sq metres. Massive commercial space with incredibly low guide price***. ***Former newspaper offices and printworks the site offers massive potential for redevelopment with substantial returns***. ***Located within Galashiels town centre close to all shops and amenities. Surrounding businesses are mainly smaller independent traders***. GROUND FLOOR: Retail space- 112m2. Unit 1- 214 m2. Unit 2- 66 m2. Unit 3-113 m2. Unit 7- 69 m2. FIRST FLOOR: Retail space- 109 m2. Unit 4- 222- m2. Unit 5- 66 m2. Unit 6- 114 m2. ***Supersized commercial unit in the Heart of Galashiels. Incredible development opportunity of vacant building***. ***FREEHOLD property with full vacant possession*** The property comprises 9 separate areas laid out over 2 levels with potential to subdivide and rent out or sell***. ***The property will require full upgrading throughout all areas, internal access has not been undertaken***. ***Overall combined area of approximately 1100sq metres. Massive commercial space with incredibly low guide price***. ***Former newspaper offices and printworks the site offers massive potential for redevelopment with substantial returns***. Galashiels is one the principal economic and administrative centres which serves the wider Scottish Borders area and is situated on the A7 trunk route approximately 35 miles south of Scotland’s capital city Edinburgh. Galashiels provides the principal shopping, social and administrative facilities for the surrounding area and is in effect the principal population centre for the region with an estimated population of some 15,000. The town is renowned for textile making and is home to the Herriot-Watt University’s School of Textiles and Design. Galashiels and the wider Borders region has benefitted from the opening of The Borders Railway Line in September 2015 with trains running to the capital city of Edinburgh every 30 minutes throughout the day with journey times under an hour making Galashiels a popular commuting location. The site more specifically is located on Roxburgh Street in the centre of Galashiels lying closeby to the High Street.