Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Welling and the wider Bexley area.
Welling offers one of Bexley's more active secondary commercial markets, combining affordable occupancy costs with proximity to central London, with retail rents of £18-32 per square foot and office space from £15-25 per square foot. Across Bexley, average commercial yields stand at 6.2%, with Welling assets often exceeding this for smaller lot sizes and secondary pitches. Five-year capital growth of 16.5% across the borough signals sustained investor and occupier confidence in the area's trajectory.
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £71 psf | £27 psf | £27 - £71 psf |
| Retail / Shop | £173 psf | £72 psf | £72 - £173 psf |
| Industrial | £19 psf | £15 psf | £15 - £19 psf |
| Warehouse / Logistics | £21 psf | £27 psf | £21 - £27 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Market data reflects Bexley-wide averages. Welling values may differ — contact us for area-specific guidance.
Commercial development activity in Welling is characterised by refurbishment-led investment rather than ground-up new build. Borough-wide initiatives including abbey wood transformed by elizabeth line are improving the operating environment for local commercial property. Bridging finance-backed acquisitions are common, with investors purchasing below market value and adding value through targeted improvement programmes before refinancing to term debt.
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 deals across Bexley and Greater London. Over £300m of capital raised for property professionals across the UK.
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