Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Torquay and Devon.
Direct relationships with executives and board members of the UK's leading 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
“English Riviera resort with strong tourism economy. Retirement destination. Conference and events sector significant.”
— CMB Market Analysis
Torquay harbour and Beacon Quay area transformation; Torwood Street and Fleet Street public realm; Pavilion site redevelopment; Torre Marine development; English Riviera UNESCO Geopark investment
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £14 psf | £6 psf | £6 - £14 psf |
| Retail / Shop | £34 psf | £13 psf | £13 - £34 psf |
| Industrial | £5 psf | £3 psf | £3 - £5 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.
The Torquay market shows resilient fundamentals with yields remaining competitive against regional averages.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade B office building, Torre
Corner retail unit with display frontage, Babbacombe
Industrial workshop with office, St Marychurch
63-room boutique hotel, Wellswood
12-unit converted residential building, St Marychurch
59-bed care home, recently refurbished, Babbacombe
Gastro-pub with car park, Torre
Retail unit with 2 flats above, Torquay Harbourside
Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.
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 Torquay. 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 ProfileTorquay presents development opportunities linked to Torquay harbour and Beacon Quay area transformation. 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.
Tourism and hospitality understood. Seasonal cash flow requires specialist approach.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Torquay and the wider Devon region, from commercial property purchases to development and refurbishment projects.
Torquay is the principal resort of the English Riviera, a palm-tree lined bay that earned its Riviera nickname from its mild microclimate. The commercial property market benefits from strong demand across Tourism & Hospitality, Conference & Events, Healthcare sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 5.6% and 18.5% price growth over five years, Torquay offers compelling returns for commercial property investors. Excellent connectivity via GWR to Exeter (30 mins)/Newton Abbot/Paddington supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Torquay harbour and Beacon Quay area transformation, further enhances the investment outlook and signals sustained public and private sector confidence.
Limited stock of institutional-grade commercial property in Torquay means investors often need to consider value-add strategies. Planning timelines and local authority capacity can extend development schedules beyond initial expectations.
Torquay's commercial property landscape has been shaped by Torquay harbour and Beacon Quay area transformation. Growth in the Tourism & Hospitality sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in Torquay are managed by Devon council, which has adopted a pro-growth stance supporting commercial and mixed-use development. Local plan policies favour brownfield regeneration and town centre investment, with a streamlined approach to permitted development rights for office-to-residential conversions.
Commercial property news for Torquay will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Devon.
Commercial mortgage services available across Torquay and surrounding areas. View larger map
Office rents in Torquay range from approximately £6 per square foot for secondary space up to £14 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £9 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Torquay vary by property type and grade. Current indicative yields are: offices at 7.45%-8.23%, retail at 7.19%-10.22%, industrial at 5.61%-8.77%, residential single-let at 7.02%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Torquay's commercial property market includes offices, retail units, industrial premises, residential investment blocks, care homes, hotels and guest houses, pubs and restaurants. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.
Residential investment blocks in Torquay typically trade at around £100,000 per unit, or approximately £247 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 7.02%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
Care homes in Torquay typically trade at around £52,220 per registered bed. A typical 59-bed home would therefore be valued between £1.0m and £3.1m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.