Paignton is the family-friendly resort at the heart of Torbay's English Riviera, sitting between Torquay and Brixham with extensive sandy beaches and a heritage steam railway. The town has a dual character - tourism along the seafront and a residential/commercial interior - and offers more affordable property than neighbouring Torquay while benefiting from the same mild climate and coastal setting.
“Traditional family resort with zoo and beach attractions. More affordable than Torquay. Growing care sector.”
— CMB Market Analysis
Crossways mixed-use scheme; Paignton seafront enhancement; Victoria Square public realm; Collaton St Mary growth area; South Devon College expansion; English Riviera BID investment
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Paignton presents development opportunities linked to Crossways mixed-use scheme. Growing demand from the Tourism & Leisure sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Standard seaside town appetite. Care sector favoured.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Paignton and the wider Devon region, from commercial property purchases to retail unit purchases.
Paignton is the family-friendly resort at the heart of Torbay's English Riviera, sitting between Torquay and Brixham with extensive sandy beaches and a heritage steam railway. The commercial property market benefits from strong demand across Tourism & Leisure, Retail, Healthcare sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6% and 18% price growth over five years, Paignton offers compelling returns for commercial property investors. Excellent connectivity via GWR to Exeter/Newton Abbot/Paddington supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Crossways mixed-use scheme, further enhances the investment outlook and signals sustained public and private sector confidence.
Paignton'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.
Paignton's commercial property landscape has been shaped by Crossways mixed-use scheme. Growth in the Tourism & Leisure sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning policy in Paignton is set by Devon 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 Paignton will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Devon.