Plymouth, DevonLocal lender appetite and market data

Specialist Commercial Mortgage Broker in Plymouth

CMB arranges commercial mortgages, bridging loans and development finance for property professionals across Plymouth 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
Plymouth commercial property district with offices and waterfront commercial premises

Plymouth commercial property finance, offices, retail and mixed-use assets

£195
Price/sq ft
6.5%
Avg yield
+16.2%
5yr growth
+11.2%
Rent growth

Plymouth commercial property delivers 6.5% average yield.

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

Plymouth 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

Plymouth commercial property market signals

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

Naval dockyard anchors economy. University drives student demand. Royal William Yard successful heritage conversion.

, CMB Market Analysis

Key Industries

  • Naval/Defence
  • Higher Education
  • Marine
  • Healthcare
  • Tourism

Transport Links

  • Plymouth rail station
  • Brittany Ferries port
  • A38 corridor

Regeneration

Royal William Yard; Millbay; city centre transformation

Market ReportQ2 2026

Plymouth Q1 2026 Commercial Property Market Report

Plymouth is the largest commercial property market in Devon and the most populous city on the south-west peninsula outside Bristol, with 1,194 commercial-leaning transactions registered with HM Land Registry across the rolling five years to Q2 2026.

1,811 words5 sourcesTier 1
Read the full Plymouth report

Listen: Devon Q1 2026 commercial property briefing

The Devon regional briefing covering Plymouth 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

Plymouth commercial property transaction evidence

326 commercial sales in Plymouth across the last 60 months, sourced from HM Land Registry Price Paid Data. 6 records in the current sample are confidently sector-classified; the wider recent sample is shown as general commercial transaction evidence.

Source sales
326
60-month window
Shown below
30
recent examples
Filter transaction evidence
All commercial transactions in Plymouth
326transactions
Sample: showing 30 recent sales below
OfficeQ3 2025

Friary House, Beaumont Road, Plymouth

Sale price
£1,400,000
RetailQ3 2025

11, Store Room At, Boringdon Road, Turnchapel, Plymouth

Sale price
£290,000
OfficeQ3 2025

Chatsworth House, Dormy Avenue, Plymouth

Sale price
£1,200,000
OfficeQ3 2025

Unit 17, Walkham Business Park, Plymouth

Sale price
£600,000
OfficeQ3 2025

Marine House, Commercial Road, Plymouth

Sale price
£323,000
OfficeQ2 2025

Mayflower House, 178, Armada Way, Plymouth

Sale price
£2,050,000
CommercialQ1 2026

St. Budeaux Methodist Church, Stirling Road, Plymouth

Sale price
£235,000
CommercialQ1 2026

Frys Nurseries, Haye Road, Plymouth

Sale price
£1,100,000
CommercialQ4 2025

11, Curlew Mews, Plymouth

Sale price
£128,000
CommercialQ4 2025

3, Chester Place, Plymouth

Sale price
£220,000
CommercialQ4 2025

10, Alto Road, Sherford, Plymouth

Sale price
£951,000
CommercialQ4 2025

1, Misty Lane, Sherford, Plymouth

Sale price
£1,467,000
CommercialQ4 2025

45, Pasley Street, Plymouth

Sale price
£122,500
CommercialQ4 2025

7 - 9, Radford Park Road, Plymouth

Sale price
£225,000
CommercialQ4 2025

118b, Peverell Park Road, Plymouth

Sale price
£155,000
CommercialQ4 2025

118a, Peverell Park Road, Plymouth

Sale price
£155,000
CommercialQ4 2025

67, Mannamead Road, Plymouth

Sale price
£675,000
CommercialQ4 2025

Unit 3, Mariners Court, Plymouth

Sale price
£126,000
CommercialQ4 2025

The Quarry, Riga Terrace, Plymouth

Sale price
£50,000
CommercialQ4 2025

Hardwick Nursery, Ridge Road, Plympton, Plymouth

Sale price
£915,000
CommercialQ4 2025

33, Wyndham Square, Plymouth

Sale price
£330,000
CommercialQ4 2025

26, Derry Avenue, Plymouth

Sale price
£275,000
CommercialQ4 2025

81, Hyde Park Road, Plymouth

Sale price
£170,000
CommercialQ4 2025

18, Clayton Road, Plymouth

Sale price
£150,000
CommercialQ4 2025

Royal Corinthian Yacht Club, Madeira Road, Plymouth

Sale price
£675,000
CommercialQ4 2025

41 - 42, Southside Street, Plymouth

Sale price
£140,000
CommercialQ4 2025

Sanderson Motorhouse, Marshall Road, Plymouth

Sale price
£1,200,000
CommercialQ4 2025

2a, Parkwood Close, Plymouth

Sale price
£750,000
CommercialQ3 2025

72, Garage Associated With, Aberdeen Avenue, Plymouth

Sale price
£216,000
CommercialQ3 2025

The Jolly Miller, Leypark Drive, Plymouth

Sale price
£488,898

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.

Plymouth commercial mortgages, bridging loans and development finance

Three core debt structures cover the majority of Plymouth 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 Plymouth. 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

Plymouth commercial property investment fundamentals

What makes Plymouth 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 6.5% across the local market
  • 16.2% property price growth over the past five years
  • 11.2% rental growth over five years supporting income returns
  • Strong occupier demand from Naval/Defence and Higher Education sectors
  • Excellent transport connectivity including Plymouth rail station
  • Active regeneration programmes driving future capital growth

Development Opportunities

Plymouth presents development opportunities linked to Royal William Yard. Growing demand from the Naval/Defence 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 student accommodation and heritage conversion. Residential supported.

Property Types We Finance

Medical/Dental PracticesCare HomesHotelsLeisure PropertiesHoliday Lets

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

Need a commercial mortgage decision in Plymouth?

Our team will review your asset, sector and structure against current Plymouth 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 Plymouth

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

Plymouth Commercial Mortgage Calculator

Pre-populated with local market data

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Plymouth Location

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

Plymouth commercial mortgage FAQ

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

How active is the commercial property market in Plymouth?

HM Land Registry recorded 326 commercial property transactions in Plymouth during the most recent reporting window. The median commercial sale price is £200,000, with the middle 50% of deals between £135,000 and £286,440. Source: HM Land Registry Price Paid Data (Category B records).

What is the typical commercial property price in Plymouth?

The median commercial sale price recorded by HM Land Registry in Plymouth is £200,000. Smaller end deals (lower quartile) sit around £135,000, while larger transactions (upper quartile) reach £286,440 and above. These are the figures lenders will benchmark valuations against when assessing a commercial mortgage application in Plymouth.

Which commercial property sectors are most active in Plymouth?

The most active commercial sectors in Plymouth (by recorded transaction count) are: office (5 transactions), retail (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 Plymouth?

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

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

Ready to discuss your Plymouth project?

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