Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Hull and East Riding of Yorkshire.
Hull stands out with above-average yields of 8.5% and strong 5-year price growth of 28.5%, making it one of the UK's most attractive commercial property markets for investors.
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
“City of Culture legacy driving investment. Renewable energy sector growing. Fruit Market creative quarter established.”
— CMB Market Analysis
Fruit Market; Albion Square; marina expansion
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £25 psf | £9 psf | £9 - £25 psf |
| Retail / Shop | £33 psf | £26 psf | £26 - £33 psf |
| Industrial | £7 psf | £6 psf | £6 - £7 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.
Hull benefits from growing private investor interest, particularly in technology & digital opportunities.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Refurbished office space, Fruit Market
Retail premises with storage, town centre
Modern industrial unit, trade estate
11-unit converted residential building, Fruit Market
Retail unit with 2 flats above, Fruit Market
Former commercial premises with PP for conversion, Fruit Market
64-bed residential care facility, Fruit Market
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 Hull. 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 ProfileHull presents development opportunities linked to Fruit Market. Growing demand from the Maritime 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 quality development. Yield premium attractive.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Hull and the wider East Riding of Yorkshire region, from waterside commercial developments to development and refurbishment projects.
Hull is a major Yorkshire port city, UK City of Culture 2017, with strong maritime heritage. The commercial property market benefits from strong demand across Maritime, Renewable Energy, Healthcare sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 8.5% and 28.5% price growth over five years, Hull offers compelling returns for commercial property investors. Excellent connectivity via Hull Paragon mainline supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Fruit Market, further enhances the investment outlook and signals sustained public and private sector confidence.
Limited stock of institutional-grade commercial property in Hull means investors often need to consider value-add strategies. Planning timelines and local authority capacity can extend development schedules beyond initial expectations.
Hull's commercial property landscape has been shaped by Fruit Market. Growth in the Maritime sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in Hull are managed by East Riding of Yorkshire 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 Hull will appear here once available. Check back soon for the latest market updates.
Commercial mortgage services available across Hull and surrounding areas. View larger map
Office rents in Hull range from approximately £9 per square foot for secondary space up to £25 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £14 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Hull vary by property type and grade. Current indicative yields are: offices at 6.37%-7.2%, retail at 6.74%-7.85%, industrial at 5.99%-6.77%, residential single-let at 5.84%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Hull's commercial property market includes offices, retail units, industrial premises, residential investment blocks, care homes. 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 Hull typically trade at around £187,680 per unit, or approximately £225 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 5.84%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
Care homes in Hull typically trade at around £72,550 per registered bed. A typical 51-bed home would therefore be valued between £1.5m and £4.4m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.