Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Totnes 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
“Alternative lifestyle hub. Transition Town movement. Strong arts and local food.”
— CMB Market Analysis
Totnes town centre conservation area enhancement; Atmos creative workspace (former dairy site); Riverside development; Bridgetown improvement; South Hams affordable housing programme
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £11 psf | £4 psf | £4 - £11 psf |
| Retail / Shop | £18 psf | £5 psf | £5 - £18 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 Totnes 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.
Refurbished office space, Bridgetown
Lock-up shop unit, Baltic Wharf
Industrial workshop with office, Bridgetown
Licensed premises with flat above, Dartington
87-room boutique hotel, Totnes Castle
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 Totnes. 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 ProfileTotnes presents development opportunities linked to Totnes town centre conservation area enhancement. Growing demand from the Creative & Artisan Industries sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Good appetite for creative economy.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Totnes and the wider Devon region, from commercial property purchases to restaurant and hospitality ventures.
Totnes is widely regarded as one of Britain's most alternative and creative market towns, known for its independent shops, Transition Town movement, and Steiner school. The commercial property market benefits from strong demand across Creative & Artisan Industries, Hospitality & Food, Independent Retail sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 4.9% and 19.5% price growth over five years, Totnes offers compelling returns for commercial property investors. Excellent connectivity via GWR to Exeter (30 mins)/Plymouth (20 mins)/Paddington supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Totnes town centre conservation area enhancement, further enhances the investment outlook and signals sustained public and private sector confidence.
Limited stock of institutional-grade commercial property in Totnes means investors often need to consider value-add strategies. Planning timelines and local authority capacity can extend development schedules beyond initial expectations.
Totnes's commercial property landscape has been shaped by Totnes town centre conservation area enhancement. Growth in the Creative & Artisan Industries sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in Totnes 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 Totnes 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 Totnes and surrounding areas. View larger map
Office rents in Totnes range from approximately £4 per square foot for secondary space up to £11 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £7 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Totnes vary by property type and grade. Current indicative yields are: offices at 8.6%-10.7%, retail at 8.4%-9.22%, industrial at 7.25%-10.08%, residential single-let at 8.34%, HMOs at 13.75%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Totnes's commercial property market includes offices, retail units, industrial premises, 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.
HMO investments in Totnes can achieve yields of approximately 13.75%, compared to 8.34% for standard single-let properties. Totnes has established HMO demand in key residential areas. Note that HMO licensing requirements vary by local authority -- check Article 4 directions before purchasing.