Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Blackheath and the wider Greenwich area.
Blackheath offers one of Greenwich'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 Greenwich, average commercial yields stand at 5.5%, with Blackheath assets often exceeding this for smaller lot sizes and secondary pitches. Five-year capital growth of 18.2% across the borough signals sustained investor and occupier confidence in the area's trajectory.
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £76 psf | £31 psf | £31 - £76 psf |
| Retail / Shop | £239 psf | £57 psf | £57 - £239 psf |
| Industrial | £24 psf | £14 psf | £14 - £24 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Market data reflects Greenwich-wide averages. Blackheath values may differ — contact us for area-specific guidance.
Commercial development activity in Blackheath is characterised by refurbishment-led investment rather than ground-up new build. Borough-wide initiatives including greenwich peninsula ongoing transformation 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 Greenwich and Greater London. Over £300m of capital raised for property professionals across the UK.
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