Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Launceston and Cornwall.
Launceston stands out with above-average yields of 6.4%, making it one of the UK's most attractive commercial property markets for investors.
Direct relationships with executives and board members of the UK's leading lenders
Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out
Direct relationships with lender decision-makers for faster approvals and better terms
Proven success arranging complex commercial property finance across the UK
“Ancient capital of Cornwall. Castle heritage. Gateway to North Cornwall.”
— CMB Market Analysis
Launceston town centre regeneration; castle visitor facilities improvement; Pennygillam Industrial Estate expansion; Dunheved Road housing; Kensey Valley flood scheme
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £11 psf | £5 psf | £5 - £11 psf |
| Retail / Shop | £20 psf | £9 psf | £9 - £20 psf |
| Industrial | £5 psf | £3 psf | £3 - £5 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.
Investor appetite for Launceston commercial property remains steady, with industrial & logistics assets attracting the most interest.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade B office building, Launceston Castle
Lock-up shop unit, St Stephens
Modern industrial unit, trade estate
79-room hotel with bar and restaurant, Hurdon
Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.
Founder & Principal Broker
With a career spanning Lloyds Bank, Bank of Scotland, and a partnership in a corporate finance business, Matt brings institutional-grade expertise to every deal in Launceston. Currently a board advisor to a pension administrator and trustee with £3.9bn of assets under advisory, Matt has raised over £300m of capital for property professionals across the UK.
View Full ProfileLaunceston presents development opportunities linked to Launceston town centre regeneration. Growing demand from the Agriculture & Livestock sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Good appetite for quality properties.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Launceston and the wider Cornwall region, from commercial property purchases to retail unit purchases.
Launceston is Cornwall's historic gateway town, sitting at the county boundary with Devon where the A30 enters Cornwall. The commercial property market benefits from strong demand across Agriculture & Livestock, Retail, Manufacturing sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6.4% and 17.8% price growth over five years, Launceston offers compelling returns for commercial property investors. Excellent connectivity via A30 dual carriageway to Exeter (40 miles) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Launceston town centre regeneration, further enhances the investment outlook and signals sustained public and private sector confidence.
Launceston's commercial property market faces competition from nearby larger centres, which can limit tenant demand for certain asset types. Careful due diligence on local occupier markets and realistic yield expectations are essential for successful investment.
Launceston's commercial property landscape has been shaped by Launceston town centre regeneration. Growth in the Agriculture & Livestock sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning policy in Launceston is set by Cornwall council through its adopted local plan. The authority supports commercial investment and has allocated sites for employment and mixed-use development. Pre-application advice is available and recommended for larger schemes to navigate local requirements efficiently.
Commercial property news for Launceston will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Cornwall.
Commercial mortgage services available across Launceston and surrounding areas. View larger map
Office rents in Launceston range from approximately £5 per square foot for secondary space up to £11 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £8 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Launceston vary by property type and grade. Current indicative yields are: offices at 8.99%-10.85%, retail at 8.05%-12.11%, industrial at 6.82%-8.6%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Launceston's commercial property market includes offices, retail units, industrial premises, hotels and guest houses. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.