Sold Commercial Property

77 BRADSHAWGATE

LEIGH, GREATER MANCHESTER WN7 4ND

Listed 3 Jun 2025 (-372d)

£78,000

Guide Price

Save

Listing type

Auction

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Property details

Listing category

Auction

Last sold

£45,000 Nov 2023

Local average

£157,274 (-50.4%)

Deprivation

Decile 2 (3,436 of 33,755)

Street crime

0 incidents within 1 mile (Apr 2026)

Key features

  • TO BE SOLD BY PUBLIC ONLINE AUCTION ON 25TH JUNE 2025.
  • PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
  • YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.

Additional details

Parking
Yes

Description

Description

A former HSBC bank premises located in Leigh town centre and sold with vacant possession. The property may be suitable for a variety of uses and is sold with the benefit of planning permission for change of use to a bar with a rear extension. The property offers approximately 99 Sq M (1,065 Sq Ft) of accommodation over two storeys.

Location

The property fronts the pedestrianised Bradshawgate at its intersection with Bold Street. Nearby occupiers include Home Bargains, Papa Johns Pizza, Iceland, and Spinning Gate Shopping Centre. There is a pay-and-display car park nearby accessed on Lord Street.

Addendum

We understand the vendor submitted an expression of interest for the Leigh Town Centre Building Grant Scheme, and was subsequently invited to develop a full application. The vendor has been advised by Wigan Council that the grant may be transferable to the buyer, if criteria and timescales are met. Buyers are advised to investigate this matter further.

Planning

Full details of the planning permission, reference A/24/97428/FULL, can be found via Wigan Council planning portal:

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 24TH JUNE AND CLOSES ON WEDNESDAY 25TH JUNE.

3. Energy Performance Certificate = D.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

Tenure Comments

The property is sold freehold.

Listed by

Manchester

Eddisons Commercial Limited

Reference: 162782843

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event Date Price % change
Sold 03/11/2023 (2 years ago) £45,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
37 BRADSHAWGATE, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4NB £530,000 29/11/2024 Other
96 - 98 LORD STREET, LEIGH, WIGAN, GREATER MANCHESTER, WN7 1BY £145,000 15/11/2023 Other
BROSELEY HOUSE, 116A BRADSHAWGATE, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4NP £120,000 09/11/2023 Other
3 QUEEN STREET, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4NQ £50,000 01/05/2023 Other
14 BROWN STREET NORTH, LEIGH, WIGAN, GREATER MANCHESTER, WN7 1BU £290,000 31/10/2022 Other
92 BRADSHAWGATE, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4NP £150,000 15/09/2022 Other
3 CHARLES STREET, LEIGH, WIGAN, GREATER MANCHESTER, WN7 1DB £275,000 13/05/2022 Other
58 BRADSHAWGATE, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4LA £175,000 04/04/2022 Other
9 BRADSHAWGATE, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4NB £121,500 25/02/2022 Other
35 BOND STREET, LEIGH, WIGAN, GREATER MANCHESTER, WN7 1AG £103,000 17/09/2021 Other
62 - 64 BRADSHAWGATE, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4LA £382,000 28/07/2021 Other
107 BRADSHAWGATE, LEIGH, WIGAN, GREATER MANCHESTER, WN7 4ND £135,000 30/06/2021 Other

Area average: £206,375 (12 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -52.7%
10y growth 415.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Wigan. Series: All dwelling types. As of March 2026.

1y (index) -0.8%
5y (index) 28%
10y (index) 67.1%

Rental Range

Estimated market rent for Wigan. Low = conservative, Realistic = average, Optimistic = best case.

Low £663/mo
Realistic £737/mo
Optimistic £811/mo

Based on Local Authority from postcode lookup → Wigan.

LHA (30th percentile) floor for East Lancs: Apr 2025 – Mar 2026

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Contour Hair Salon 0.0 miles
Shop Wigan and Leigh Hospice 0.0 miles
Bus stop Shopmobility Office 0.1 miles
Bus stop Lord Street/Brown Street 0.1 miles
Hospital Leigh Health Centre 0.6 miles
Train station Hag Fold 2.7 miles
Train station Atherton 2.7 miles
University University of Chester - Warrington Campus 5.8 miles
University University of Bolton 6.0 miles
Hospital Bolton Hospice 6.6 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Joseph's Catholic Primary School Leigh Primary 0.2 miles Good — 10 Jul 2012
Leigh CofE Primary School Primary 0.3 miles Good — 15 Jun 2023
Christ Church CofE Primary School, Pennington Primary 0.3 miles Good — 8 Mar 2020
Leigh St Mary's CofE Primary School Primary 0.3 miles Good — 17 Sep 2019
Leigh Central Primary School Primary 0.4 miles Good — 21 Sep 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Terraced House, Bradshawgate, WN7 £775/mo 1 0.04 miles OpenRent
1 Bed Terraced House, Brown Street North, WN7 £430/mo 1 0.04 miles OpenRent
2 Bed Terraced House, Platt Fold Street, WN7 £795/mo 2 0.17 miles OpenRent
2 Bed Terraced House, Henrietta St, WN7 £785/mo 2 0.18 miles OpenRent
2 Bed Terraced House, Boughey Street, WN7 £895/mo 2 0.3 miles OpenRent

Average rent: £736/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 10.3% gross yield avg £90,000 sale, £775/mo rent
Rent ratio 1.01%
Max investor price (0.8%) £98,125
Target investor price (1%) £78,500
Gross yield 12.1%
Cost-to-rent ratio 8.3×
Monthly cashflow £374/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 19.9%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).