Okehampton, Devon

Commercial Mortgages in Okehampton

Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Okehampton and Devon.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
£160
Avg Price/sq ft
5.8%
Average Yield
+18.2%
5yr Price Growth
+13.5%
5yr Rental Growth

Why Choose CMB in Okehampton

Direct relationships with executives and board members of the UK's leading 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

Areas we cover:Okehampton Town CentreOkehampton CastleMeldonSticklepathSouth Tawton

Okehampton Local Market Intelligence

Dartmoor northern gateway. Rail link restored to Exeter. Strong agricultural services.

— CMB Market Analysis

Key Industries

  • Agriculture & Livestock
  • Tourism & Dartmoor Recreation
  • Retail
  • Manufacturing
  • Military (Okehampton Camp)

Transport Links

  • Dartmoor Line rail to Exeter (40 mins, reopened 2021)
  • A30 dual carriageway to Exeter (25 miles)/Cornwall
  • A386 to Tavistock
  • B3260 to Crediton

Regeneration

Dartmoor Line railway reopening catalysing investment; East Okehampton urban extension; town centre improvements; Okehampton Business Park expansion; Dartmoor gateway visitor facilities

Okehampton Commercial Property Market Data

Commercial Property Values in Okehampton

Property TypePrime / Grade ASecondaryMarket Range
Office£9 psf£4 psf£4 - £9 psf
Retail / Shop£13 psf£11 psf£11 - £13 psf
Industrial£4 psf£3 psf£3 - £4 psf

Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.

Investment Yields in Okehampton

Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.

Okehampton Market Trends

Office Vacancy
Rising
Industrial Demand
Weak
Retail Footfall
Stable
Residential Investment
Strong
Dominant sector:Industrial & Logistics

Okehampton benefits from growing private investor interest, particularly in industrial & logistics opportunities.

Recent Commercial Property Transactions in Okehampton

Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.

OfficeQ4 2025

Grade A office suite, Okehampton Town Centre

4,780 sq ft
£27,000 - £30,000
£6 psf9.7% yield
RetailQ1 2026

High street retail unit, Meldon

4,541 sq ft
£52,000 - £57,000
£12 psf9.9% yield
IndustrialQ4 2025

Industrial workshop with office, South Tawton

13,040 sq ft
£50,000 - £55,000
£4 psf7% yield
HotelQ3 2025

113-room guest house with owner's accommodation, Okehampton Town Centre

113 rooms
£3,000,000 - £3,315,000
9.9% yield

Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.

Our Services in Okehampton

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 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 Okehampton. 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 Profile

Why Okehampton for Commercial Property Investment

Investment Highlights

  • Average commercial property yields of 5.8% across the local market
  • 18.2% property price growth over the past five years
  • 13.5% rental growth over five years supporting income returns
  • Strong occupier demand from Agriculture & Livestock and Tourism & Dartmoor Recreation sectors
  • Excellent transport connectivity including Dartmoor Line rail to Exeter (40 mins, reopened 2021)
  • Active regeneration programmes driving future capital growth

Development Opportunities

Okehampton presents development opportunities linked to Dartmoor Line railway reopening catalysing investment. 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.

Lender Appetite

Good appetite with rail connection.

Property Types We Finance

Retail UnitsHigh Street ShopsShopping CentresIndustrial UnitsFactory Space

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

Why Invest in Okehampton

Okehampton is the northern gateway to Dartmoor National Park, which gained national attention when its railway line was reopened in 2021 after 49 years, restoring direct rail links to Exeter. The commercial property market benefits from strong demand across Agriculture & Livestock, Tourism & Dartmoor Recreation, Retail sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 5.8% and 18.2% price growth over five years, Okehampton offers compelling returns for commercial property investors. Excellent connectivity via Dartmoor Line rail to Exeter (40 mins, reopened 2021) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Dartmoor Line railway reopening catalysing investment, further enhances the investment outlook and signals sustained public and private sector confidence.

Local Market Challenges

The Okehampton market requires realistic expectations around liquidity and exit timelines for commercial assets. Secondary location pricing can be volatile, and investors benefit from strong local knowledge and established lender relationships.

Notable Developments

Okehampton's commercial property landscape has been shaped by Dartmoor Line railway reopening catalysing investment. Growth in the Agriculture & Livestock sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.

Planning Context

Okehampton falls under Devon planning authority, where the adopted local plan supports commercial development and economic growth. Planning decisions reflect a balance between heritage conservation and enabling new investment, with CIL charges and Section 106 contributions applying to larger schemes.

Latest Commercial Property News in Okehampton

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

Okehampton Commercial Mortgage Calculator

Pre-populated with local market data

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Interest-only estimate. Actual terms subject to lender assessment.

Okehampton Location

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

Okehampton Commercial Property FAQ

What is the average office rent per square foot in Okehampton?

Office rents in Okehampton range from approximately £4 per square foot for secondary space up to £9 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £6 per square foot. These figures are based on Q1 2026 regional market benchmarking.

What yields can investors expect from commercial property in Okehampton?

Investment yields in Okehampton vary by property type and grade. Current indicative yields are: offices at 8.08%-9.49%, retail at 9.41%-12.89%, industrial at 7.27%-10.24%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.

What types of commercial property are available in Okehampton?

Okehampton'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.

Ready to discuss your Okehampton project?

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