CMB arranges commercial mortgages, bridging loans and development finance for property professionals across Truro and Cornwall. Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, institutional-grade underwriting, direct lender access and decisions in 48 hours.
CMB combines former Lloyds and Bank of Scotland underwriting experience with direct board-level relationships at the UK's leading commercial 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
The factors lenders weigh when assessing Truro commercial mortgages, sector demand, transport connectivity and active regeneration programmes.
“Cornwall's only city and commercial hub. Strong retail centre. Healthcare sector anchor.”
, CMB Market Analysis
Pydar Street mixed-use regeneration (Truro's largest development site); Truro Eastern District Centre; Langarth Garden Village (4,000+ homes); riverside and lemon quay improvements
The Cornwall regional briefing covering Truro and the wider region. Cornwall is England's most south-westerly commercial property market and the most tourism-dependent. Five Acuitus prints frame the secondary yield map cleanly between 10.13% on Newquay high-street retail and 16.00% on a Truro mixed-use building.
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141 commercial sales in Truro across the last 60 months, sourced from HM Land Registry Price Paid Data. 33 records in the current sample are confidently sector-classified; the wider recent sample is shown as general commercial transaction evidence.
Hendra House, Rose, Truro
White Owl Barn, Carn, Stithians, Truro
Boathouse Restaurant, The Square, Portscatho, Truro
Unit 3a, Threemilestone Industrial Estate, Threemilestone, Truro
Ship & Castle Hotel, The Quay, St Mawes, Truro
Tmg House, Charles Street, Truro
Assay House, Wheal Golden Drive, Truro
Lemon Chapel House, William Street, Truro
Trewheal House, Penhallow, Truro
Ganges Restaurant, St Clement Street, Truro
Fox House, Stickenbridge, Perranarworthal, Truro
Haven House, Quay Street, Truro
Lelissick Barn, The Green, Probus, Truro
5, Truro Business Park, Threemilestone, Truro
Calor Gas Centre, Newham Industrial Estate, Newham, Truro
Wildflower Barn, Tregavethan, Truro
Unit 2, Treliske Industrial Estate, Treliske, Truro
Higher Newham Farm, Plot 203, Newham, Truro
Threemilestone Retail Park, Greenbottom, Chacewater, Truro
Carvedras, The Workshop, St Georges Road, Truro
Truthan Barton Farmhouse, Trispen, Truro
Teylu House,, Stithians, Truro
Apex House, Heron Way, Newham, Truro
Teylu House,, Stithians, Truro
Parkengear Farm House, Probus, Truro
Driftwood Hotel, Rosevine, Portscatho, Truro
The Old Farmhouse, Barras Moor, Perranarworthal, Truro
Banns Vale Farm, The Old Stables, Banns Road, Mount Hawke, Truro
Post Office, Perranwell Station, Truro
Wing Lok Chinese Restaurant, 7, Frances Street, Truro
Source: HM Land Registry Price Paid Data (Category B records). Sector classification is address-based and best-effort; unclassified records are shown as general commercial transactions and smaller sectors may include mixed-use or conversion deals.
Three core debt structures cover the majority of Truro commercial property deals. Each carries a different lender panel, LTV ceiling and pricing band, match the structure to the asset and the timeline.
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 Truro. 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 ProfileWhat makes Truro fundable, where the development opportunity sits, which lenders are active, and the asset classes our team finances most often.
Truro presents development opportunities linked to Pydar Street mixed-use regeneration (Truro's largest development site). Growing demand from the Healthcare (Royal Cornwall Hospital) 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 retail and offices. Premium Cornwall location.
Our team has experience in Cornwall property finance markets.
Commercial property news for Truro 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 Truro and surrounding areas. View larger map
Data-grounded answers about commercial property finance in Truro, sourced from HM Land Registry transactions and our own deal flow.
HM Land Registry recorded 141 commercial property transactions in Truro during the most recent reporting window. The median commercial sale price is £312,000, with the middle 50% of deals between £197,500 and £587,500. Source: HM Land Registry Price Paid Data (Category B records).
The median commercial sale price recorded by HM Land Registry in Truro is £312,000. Smaller end deals (lower quartile) sit around £197,500, while larger transactions (upper quartile) reach £587,500 and above. These are the figures lenders will benchmark valuations against when assessing a commercial mortgage application in Truro.
The most active commercial sectors in Truro (by recorded transaction count) are: office (16 transactions), agri (6 transactions), industrial (4 transactions). Sector mix matters because lender appetite, LTV ceilings and rate pricing all vary by use class — speak to our team for an indicative quote on the sector you are targeting.
Yes. We arrange commercial mortgages, commercial bridging finance and development finance for property in Truro. Typical loan sizes range from £150,000 to £25m+, with LTVs up to 75% on standard commercial assets and up to 70% LTGDV on development. Whole-of-market access — including the high-street banks, challenger lenders and specialist commercial funders.
Call 07595 366094 or use the contact form to request a commercial mortgage quote in Truro. We will review the asset, sector, deal structure and lender appetite specific to Truro and come back with an indicative rate, LTV and term within 24–48 hours.