Torquay, Devon

Commercial Mortgages in Torquay

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.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
£205
Avg Price/sq ft
5.6%
Average Yield
+18.5%
5yr Price Growth
+14%
5yr Rental Growth

Why Choose CMB in Torquay

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:Torquay HarboursideTorreSt MarychurchWellswoodBabbacombe

Torquay Local Market Intelligence

English Riviera resort with strong tourism economy. Retirement destination. Conference and events sector significant.

— CMB Market Analysis

Key Industries

  • Tourism & Hospitality
  • Conference & Events
  • Healthcare
  • Retail
  • Marine Leisure

Transport Links

  • GWR to Exeter (30 mins)/Newton Abbot/Paddington
  • A380 South Devon Expressway to M5
  • A3022 coast road to Brixham
  • Torquay Marina and harbour

Regeneration

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

Torquay Commercial Property Market Data

Commercial Property Values in Torquay

Property TypePrime / Grade ASecondaryMarket 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.

Investment Yields in Torquay

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

Torquay Market Trends

Office Vacancy
Stable
Industrial Demand
Strong
Retail Footfall
Growing
Residential Investment
Moderate
Dominant sector:Hospitality & Tourism

The Torquay market shows resilient fundamentals with yields remaining competitive against regional averages.

Recent Commercial Property Transactions in Torquay

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

OfficeQ4 2025

Grade B office building, Torre

5,214 sq ft
£40,000 - £44,000
£8 psf7.7% yield
RetailQ1 2026

Corner retail unit with display frontage, Babbacombe

3,862 sq ft
£44,000 - £49,000
£12 psf7.3% yield
IndustrialQ3 2025

Industrial workshop with office, St Marychurch

40,160 sq ft
£114,000 - £127,000
£3 psf5.4% yield
HotelQ1 2026

63-room boutique hotel, Wellswood

63 rooms
£3,950,000 - £4,365,000
8% yield
Residential BlockQ4 2025

12-unit converted residential building, St Marychurch

12 units
£1,090,000 - £1,205,000
7.4% yield
Care HomeQ4 2025

59-bed care home, recently refurbished, Babbacombe

59 beds
£3,270,000 - £3,615,000
8.6% yield
Pub/RestaurantQ1 2026

Gastro-pub with car park, Torre

£130,000 - £145,000
8.86% yield
Mixed-UseQ3 2025

Retail unit with 2 flats above, Torquay Harbourside

5,121 sq ft
£696,000 - £769,000
£143 psf7.4% yield

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

Our Services in Torquay

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 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 Profile

Why Torquay for Commercial Property Investment

Investment Highlights

  • Average commercial property yields of 5.6% across the local market
  • 18.5% property price growth over the past five years
  • 14% rental growth over five years supporting income returns
  • Strong occupier demand from Tourism & Hospitality and Conference & Events sectors
  • Excellent transport connectivity including GWR to Exeter (30 mins)/Newton Abbot/Paddington
  • Active regeneration programmes driving future capital growth

Development Opportunities

Torquay 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.

Lender Appetite

Tourism and hospitality understood. Seasonal cash flow requires specialist approach.

Property Types We Finance

Medical/Dental PracticesCare HomesRetail UnitsHigh Street ShopsShopping Centres

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.

Why Invest in Torquay

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.

Local Market Challenges

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.

Notable Developments

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 Context

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.

Latest Commercial Property News in Torquay

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

Torquay Commercial Mortgage Calculator

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Torquay Location

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

Torquay Commercial Property FAQ

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

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.

What yields can investors expect from commercial property in Torquay?

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.

What types of commercial property are available in Torquay?

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.

How much does a residential investment block cost in Torquay?

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.

What is the average price per bed for care homes in Torquay?

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.

Ready to discuss your Torquay project?

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