Retail in M38 available for sale
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Retail Property for Sale near M38

Find Retail Property for sale in M38 that meets your business or investment goals

Retail Properties for Sale Within 5 miles of the M38

More details for 92 Railway Rd, Leigh - Retail for Sale

92 Railway Rd

Leigh, WN7 4AN

  • Retail for Sale
  • £120,000
  • 2,575 sq ft
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More details for 22 Higher Market St, Bolton - Retail for Sale

22 Higher Market St

Bolton, BL4 9AJ

  • Retail for Sale
  • £250,000
  • 614 sq ft
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More details for 50-52 Bridge St, Bolton - Retail for Sale

50-52 Bridge St

Bolton, BL1 2EG

  • Retail for Sale
  • £70,000
  • 4,449 sq ft
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More details for 59 Brackley St, Manchester - Retail for Sale

59 Brackley St

Manchester, M28 3GU

  • Retail for Sale
  • £240,000
  • 1,281 sq ft
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More details for 77-85 Chapel St, Leigh - Retail for Sale

77-85 Chapel St

Leigh, WN7 2DA

  • Retail for Sale
  • £420,000
  • 10,421 sq ft

Leigh Retail for Sale - Wigan

For sale via online auction this substantial freehold commercial building presents a premier development opportunity, perfectly situated near the heart of Leigh Town Centre. With full planning permission granted (Application No: A/25/098776/CU) to convert the upper floors into six self-contained apartments, the property is ideally primed for investment. A key highlight of this asset is the immediate income generated by the ground floor, which is currently occupied under a secure lease. This provides a reliable revenue stream to offset costs while the residential conversion of the upper levels is underway. By combining the stability of a commercial tenant with the high-yield potential of the residential sector, this property offers an expertly diversified risk profile. The building benefits from a high-visibility location on a bustling high street, ensuring significant foot traffic and prominence within a vibrant retail hub. Investors can also capitalize on ongoing regeneration initiatives in Leigh, which are transforming public spaces and enhancing the town's economic diversity Leigh is increasingly recognized as a property hotspot within Greater Manchester, offering competitive entry prices and strong potential for long-term capital growth. The site is exceptionally well-served by local transport, including the V1 Guided Busway, providing direct and efficient access to Manchester City Centre—a major draw for professional tenants. Take advantage of this unique opportunity to secure a high-performance asset while contributing to the growth of the Leigh community. <br /> <br />Contact Rutter Green on[use Contact Agent Button] or alternativley [use Contact Agent Button] to arrnage a viewing. <br /> <br /> <br /> <br /><strong>To be sold via online auction on Wednesday 15th July 2026 at 11.00am GMT. The Auction will run for 30 minutes. Register to bid today.</strong> <br /> <br /><strong>Disclaimer</strong> <br /> <br />For sale by Unconditional Online Auction. <br /> <br /><strong>Terms</strong> <br />Auction Method: <br />The auction for this property will be conducted online through our online-bidding platform. This is on a "Buy It Now" basis, and no other lots being sold alongside this property. To view this, search for the property on our website. Then click onto the property to view the property details and register to place your offer. <br />You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed. <br />When you place your bid, you are deemed to have agreed to Rutter Green's Buyers Terms (England & Wales) which are available on . <br /> <br /><strong>Auction type - Unconditional with Fixed Fee</strong> <br />If you secure the property, you must exchange legally binding contracts for the sale when the Auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise. <br /> <br /><strong>Auction Fees Explained</strong> <br /> <br />When you participate in Rutter Green Property Auctions, please be aware of the following non-refundable fees: <br /> <br /><strong> Buyer's Fee:</strong> This fee is payable upon the close of the auction and is calculated as a percentage of the final purchase price of the property. Below is a breakdown of the Buyers Fee charges; <br /><ul><li>For properties sold up to £125,000: The Buyer's Fee is a minimum of £6,000 (including VAT).</li><li>For properties sold over £125,000 and up to £250,000: The Buyer's Fee is 4.8% (including VAT) of the purchase price.</li><li>For properties sold for over £250,000: The Buyer's Fee is 3.6% (including VAT) of the purchase price.</li></ul> <br /><strong>Important Note:</strong> The Buyers Fee <strong><u>does not</u></strong> contribute to the purchase price of the property. <br /> <br /><strong>Deposit:</strong> Upon the exchange of contracts, the successful bidder is required to pay a <strong><u>non-refundable deposit</u></strong> equal to 10% of the final purchase price of the property, with a minimum deposit of £5,000. This deposit <strong><u>will</u></strong> contribute towards the total purchase price. <br /> <br /><strong> Payment Process:</strong> <br /> <br />When you register to bid, you will be asked to provide your payment details to Rutter Green. If you are the winning bidder, an initial payment covering a portion of the Buyer's Fee will be automatically charged to your registered payment method immediately after the auction ends. This initial charge is calculated based on the <strong>guide price</strong> of the property, using the fee scale outlined above. <br /> <br /><strong> Example 1: </strong>Let's say you win a property, and the hammer falls over the guide price, and you win the property at £100,000, here's how the payments would work: <br /> <br /><strong> Initial payment straight after the auction closes:</strong> <br /><ul><li><strong>Buyer's Fee (based on minimum fee):</strong> = £6,000 (including VAT).</li><li><strong>Deposit:</strong> 10% of £100,000 = £10,000</li></ul> <br /><strong> Total payment on the fall of the hammer is £16,000 </strong>- please see note below regarding legal pack. <strong> </strong> <br /> <br /><strong>Remainder to pay on completion of contracts:</strong> £90,000 plus legal fees <br /> <br /><strong>Example 2: </strong>Let's say you win a property and the hammer falls on £255,000, here's how the payments would work: <br /> <br /><strong>Initial payment straight after the auction closes:</strong> <br /><ul><li><strong>Buyer's Fee (based on 3.6%):</strong> = £9,180 (including VAT).</li><li><strong>Deposit:</strong> 10% of £255,000 = £25,500</li></ul> <br /><strong> Total payment on the fall of the hammer is £34,680 </strong>- please see note below regarding legal pack. <strong> </strong> <br /> <br /><strong> Remainder to pay on completion of contracts:</strong> £229,500 plus legal fees <br /> <br /><strong> Legal Pack Special Conditions: </strong>In the special conditions there might be additional charges such as paying the Vendors legal fees. Each auction property legal pack differs, please ensure you download the legal pack to check if additional costs are applied to the sale of the property. <br /> <br /><strong> Payments of Additional Amounts:</strong> Any outstanding balance on the Buyer's Fee and deposit after the auction must be paid immediately via debit card or bank transfer. We do not accept payments by cash or cheque. <br /> <br /><strong>Legal Pack</strong> <br />Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate. <br />To view the legal pack, first search for the property on Rutter Green's website and click onto the property to view the property details. There will be a sub-heading "Data Room". Underneath this, you will be prompted to "Log in to view the legal documents". Follow this link, you will then be directed to create an account with Auction Passport to view the documents. <br />The legal pack can change at any time up until the Auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale. It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding. <br /> <br /><strong>Special Conditions of Sale</strong> <br />The property is sold subject to a

Contact:

Rutter Green Ltd

Property Subtype:

Shopfront

Date on Market:

10/03/2026

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More details for 33 Railway Rd, Leigh - Retail for Sale

33 Railway Rd

Leigh, WN7 4AA

  • Retail for Sale
  • £120,000
  • 623 sq ft
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More details for 2-4 Churchgate, Bolton - Retail for Sale

The Swan - 2-4 Churchgate

Bolton, BL1 1HJ

  • Retail for Sale
  • £1,200,000
  • 3,000 sq ft
  • Smoke Detector

Bolton Retail for Sale

The Property comprises a part-three and part-four storey, Grade II listed public house. The Property is dated from the 18th Century and there has been a number of extensions and reconfigurations over the years. The elevations are of brick construction set beneath a series a pitched, slate covered roof. Overall, the Property extends to 0.26 acres. The Property is situated on the corner of Churchgate and Bradshawgate within Bolton town centre. Bolton is a town located in Greater Manchester, 11 miles north east of Manchester and 13 miles south of Blackburn. Churchgate and Bradshawgate are prominent routes, through the town centre, surrounded by mixed use areas of commercial, residential and leisure. The locality forms part of the leisure circuit with nearby operators including Hogarths (Amber Taverns), The Spinning Mule (JD Wetherspoon) and a number of independent operators. The locality is a Conservation Area. The Swan - the main trading area is U shaped, over split levels, with a central bar servery. To the rear, there is a DJ booth and dancefloor leading to a double door into the courtyard. The room is furnished with both fixed and freestanding furniture. Barristers - located fronting Bradshawgate and typically trading from the evenings until late. A single traditional room with bar servery. The room is furnished with timber panel features throughout along with both fixed and freestanding furniture. Between the two trading areas, there is an enclosed courtyard used for external drinking. Ancillary accommodation includes two large storerooms with the potential to provide further trading areas, stores and an additional garage. To the basement, there is a former clubroom with a lounge, bar area and dancefloor. Beer cellar serving both The Swan and Barristers, as well as a variety of stores (including a plant room). The first floor is accessed via a central staircase leading into an office and staff WC. To the rear, there is a former function room with kitchen and WC. To the Churchgate end of the building, there is a former dining area comprising of two rooms. There are five former hotel rooms and stores. The second floor is laid out over a variety of split levels providing 30 former hotel rooms, shared WC/bathrooms, storerooms and a plant room. The third floor provides former staff accommodation of two, one bedroom flats that both comprise a lounge and bathroom, as well as two additional staff bedrooms. The Property is Grade II Listed and located within the Churchgate Conservation Area. The Property has been granted a Premises Licence in accordance with the Licensing Act 2003.

Contacts:

Christie & Co

Savills

Property Subtype:

Bar

Date on Market:

01/12/2025

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FAQs About Retail Property For Sale in M38

See All Retail Spaces For Sale
How many retail properties are currently available for sale in M38?
There are currently 1 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in M38?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the M38

With 1 retail units currently available for sale in M38, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in M38, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in M38, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in M38 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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