Ilfracombe, DevonLocal lender appetite and market data

Specialist Commercial Mortgage Broker in Ilfracombe

CMB arranges commercial mortgages, bridging loans and development finance for property professionals across Ilfracombe and Devon. Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, institutional-grade underwriting, direct lender access and decisions in 48 hours.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
£160
Avg Price/sq ft
6.2%
Average Yield
+19%
5yr Price Growth
+14.5%
5yr Rental Growth

Ilfracombe commercial property delivers 6.2% average yield.

Ilfracombe yields sit above the UK commercial average, supporting income-driven debt structures and SPV-led acquisitions.

Ilfracombe commercial mortgage brokers, ex-bankers with direct lender access

CMB combines former Lloyds and Bank of Scotland underwriting experience with direct board-level relationships at the UK's leading commercial lenders.

Ex-Banking Background

Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out

Board-Level Access

Direct relationships with lender decision-makers for faster approvals and better terms

£300M+ Track Record

Proven success arranging complex commercial property finance across the UK

Ilfracombe commercial property market signals

The factors lenders weigh when assessing Ilfracombe commercial mortgages, sector demand, transport connectivity and active regeneration programmes.

Damien Hirst's Verity sculpture. Tunnels Beaches. Strong arts and tourism.

, CMB Market Analysis

Key Industries

  • Tourism & Hospitality
  • Arts & Culture
  • Fishing
  • Retail
  • Healthcare

Transport Links

  • A361 to Barnstaple (13 miles)/M5
  • A399 to Combe Martin/Lynton
  • Ilfracombe Harbour
  • No direct rail (bus links to Barnstaple)

Regeneration

Ilfracombe harbour and Larkstone area improvements; Landmark Theatre investment; Wildersmouth Beach enhancement; town centre shopfront scheme; South West Coast Path infrastructure

Listen: Devon Q1 2026 commercial property briefing

The Devon regional briefing covering Ilfracombe and the wider region. A Q2 2026 commercial property briefing on Devon, the largest county in the South West, anchored by Plymouth on the naval and marine-engineering coast and Exeter on the M5 and A30 growth axis, with a long tail of Torbay tourism, South Hams retirement and North Devon coastal markets. We walk through transaction volumes across the eighteen principal towns, recent Acuitus auction yields between roughly seven point eight and nine point nine percent, and where lender appetite sits today.

Part of the Commercial Property Briefing podcast series. Subscribe via the RSS feed.

HMLR transaction evidence

Ilfracombe commercial property transaction evidence

40 commercial sales in Ilfracombe across the last 60 months, sourced from HM Land Registry Price Paid Data. 11 records in the current sample are confidently sector-classified; the wider recent sample is shown as general commercial transaction evidence.

Source sales
40
60-month window
Shown below
30
recent examples
Filter transaction evidence
All commercial transactions in Ilfracombe
40transactions
Sample: showing 30 recent sales below
RetailQ4 2025

96, High Street, Ilfracombe

Sale price
£30,000
RetailQ3 2025

110, High Street, Ilfracombe

Sale price
£100
RetailQ3 2025

110, Ground Floor Shop, High Street, Ilfracombe

Sale price
£1,000
OfficeQ2 2025

Harlequin House, 4, Ground Floor Shop, Borough Road, Combe Martin, Ilfracombe

Sale price
£93,000
RetailQ2 2025

42, High Street, Ilfracombe

Sale price
£125,000
AgriculturalQ4 2024

Woolscott Barton, The Farmhouse, Ilfracombe

Sale price
£925,000
RetailQ4 2024

139, High Street, Ilfracombe

Sale price
£60,000
RetailQ3 2024

81, High Street, Ilfracombe

Sale price
£68,000
HotelQ2 2024

The Bath House Hotel, Runnacleave Road, Ilfracombe

Sale price
£500,000
RetailQ1 2024

45, High Street, Ilfracombe

Sale price
£96,000
RetailQ1 2024

45, High Street, Ilfracombe

Sale price
£72,000
CommercialQ4 2025

Hele Bay Garage, Watermouth Road, Ilfracombe

Sale price
£1,300,000
CommercialQ3 2025

7, Belgrave Promenade, Ilfracombe

Sale price
£55,000
CommercialQ3 2025

Libra Gardens, King Street, Combe Martin, Ilfracombe

Sale price
£865,000
CommercialQ2 2025

Manleigh Holiday Park, Chalet 12, Rectory Road, Combe Martin, Ilfracombe

Sale price
£78,000
CommercialQ2 2025

Manleigh Holiday Park, Chalet 9, Rectory Road, Combe Martin, Ilfracombe

Sale price
£80,000
CommercialQ2 2025

21, Portland Street, Ilfracombe

Sale price
£125,000
CommercialQ1 2025

38, Oxford Grove, Ilfracombe

Sale price
£350,000
CommercialQ1 2025

36, Oxford Grove, Ilfracombe

Sale price
£350,000
CommercialQ1 2025

Old Slade Quarry, Higher Slade Road, Ilfracombe

Sale price
£200,000
CommercialQ1 2025

Brook Meadow, Dibbon'S Lane, Ilfracombe

Sale price
£80,000
CommercialQ1 2025

Netherleigh, Torrs Park, Ilfracombe

Sale price
£600,000
CommercialQ1 2025

Castaway Cafe, Borough Road, Combe Martin, Ilfracombe

Sale price
£280,000
CommercialQ1 2025

9, Church Street, Ilfracombe

Sale price
£150,000
CommercialQ4 2024

Manleigh Holiday Park, Chalet 15, Rectory Road, Combe Martin, Ilfracombe

Sale price
£79,995
CommercialQ4 2024

Ware Park, Lee, Ilfracombe

Sale price
£110,000
CommercialQ4 2024

8, Thorne Park, West Down, Ilfracombe

Sale price
£180,000
CommercialQ4 2024

Relish Bar And Bistro, 10 - 11, Fore Street, Ilfracombe

Sale price
£433,500
CommercialQ3 2024

Lee Meadow, Dibbon'S Lane, Ilfracombe

Sale price
£110,000
CommercialQ3 2024

Flask Meadow, Dibbon'S Lane, Ilfracombe

Sale price
£53,500

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.

Ilfracombe commercial mortgages, bridging loans and development finance

Three core debt structures cover the majority of Ilfracombe commercial property deals. Each carries a different lender panel, LTV ceiling and pricing band, match the structure to the asset and the timeline.

Commercial Mortgages

Long-term financing for commercial and mixed-use property purchases, refinancing, and investment, tailored by experienced brokers who understand complex deal structures.

From £50,000Up to 75% LTV5-25 years

Commercial Remortgage

Refinance an existing commercial mortgage to lower your rate, switch lender, release equity or restructure the loan.

From £150,000Up to 75% LTV5-25 years (typical 5-year fixed reverting to variable)

Commercial Bridging Finance

Fast, flexible short-term finance for commercial property transactions, decisions in 48 hours, completion in days, and creative structuring for deals that mainstream lenders will not touch.

From £50,000Up to 75% LTV1-18 months

Development Finance

Specialist funding for ground-up construction, major refurbishment, and mixed-use development projects, structured with staged drawdowns aligned to your build programme.

From £150,000Up to 75% LTV6-24 months
ML

Matt Lenzie

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 Ilfracombe. 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.

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Ilfracombe commercial property investment fundamentals

What makes Ilfracombe fundable, where the development opportunity sits, which lenders are active, and the asset classes our team finances most often.

Investment Highlights

  • Average commercial property yields of 6.2% across the local market
  • 19% property price growth over the past five years
  • 14.5% rental growth over five years supporting income returns
  • Strong occupier demand from Tourism & Hospitality and Arts & Culture sectors
  • Excellent transport connectivity including A361 to Barnstaple (13 miles)/M5
  • Active regeneration programmes driving future capital growth

Development Opportunities

Ilfracombe presents development opportunities linked to Ilfracombe harbour and Larkstone area improvements. Growing demand from the Tourism & Hospitality sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.

Lender Appetite

Good appetite for tourism and art.

Property Types We Finance

Retail UnitsHigh Street ShopsShopping CentresMedical/Dental PracticesCare Homes

Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Ilfracombe and the wider Devon region, from commercial property purchases to development and refurbishment projects.

Need a commercial mortgage decision in Ilfracombe?

Our team will review your asset, sector and structure against current Ilfracombe lender appetite and come back with an indicative rate, LTV and term within 24–48 hours. No application until you're ready.

Latest Commercial Property News in Ilfracombe

Commercial property news for Ilfracombe will appear here once available. Check back soon for the latest market updates.

Ilfracombe Commercial Mortgage Calculator

Pre-populated with local market data

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Ilfracombe Location

Commercial mortgage services available across Ilfracombe and surrounding areas. View larger map

Ilfracombe commercial mortgage FAQ

Data-grounded answers about commercial property finance in Ilfracombe, sourced from HM Land Registry transactions and our own deal flow.

How active is the commercial property market in Ilfracombe?

HM Land Registry recorded 40 commercial property transactions in Ilfracombe during the most recent reporting window. The median commercial sale price is £162,500, with the middle 50% of deals between £96,000 and £295,000. Source: HM Land Registry Price Paid Data (Category B records).

What is the typical commercial property price in Ilfracombe?

The median commercial sale price recorded by HM Land Registry in Ilfracombe is £162,500. Smaller end deals (lower quartile) sit around £96,000, while larger transactions (upper quartile) reach £295,000 and above. These are the figures lenders will benchmark valuations against when assessing a commercial mortgage application in Ilfracombe.

Which commercial property sectors are most active in Ilfracombe?

The most active commercial sectors in Ilfracombe (by recorded transaction count) are: retail (8 transactions), office (1 transaction), agri (1 transaction). 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.

Can I get a commercial mortgage on a property in Ilfracombe?

Yes. We arrange commercial mortgages, commercial bridging finance and development finance for property in Ilfracombe. 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.

How do I get a commercial mortgage quote for a property in Ilfracombe?

Call 07595 366094 or use the contact form to request a commercial mortgage quote in Ilfracombe. We will review the asset, sector, deal structure and lender appetite specific to Ilfracombe and come back with an indicative rate, LTV and term within 24–48 hours.

Ready to discuss your Ilfracombe project?

Speak with our specialist team today and get a decision in principle within 48 hours.