Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Clerkenwell and the wider Islington area.
Commercial property in Clerkenwell trades at a significant discount to central London, offering attractive entry points for investors, with retail rents of £28-45 per square foot and office space from £22-38 per square foot. Borough-wide yields average 4.4%, though prime Clerkenwell stock with secure tenants on longer leases can achieve tighter returns. Property values across Islington have risen 16.2% over five years, and Clerkenwell has broadly tracked this positive trajectory.
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £70 psf | £28 psf | £28 - £70 psf |
| Retail / Shop | £205 psf | £48 psf | £48 - £205 psf |
| Industrial | £23 psf | £13 psf | £13 - £23 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Market data reflects Islington-wide averages. Clerkenwell values may differ — contact us for area-specific guidance.
Property development in Clerkenwell follows a pattern of incremental upgrading, with individual landlords and small investors improving their holdings to attract better-quality tenants at higher rents. King's Cross complete provides a supportive context for private-sector investment in the area. Planning consent for changes of use and minor extensions is generally achievable, making Clerkenwell accessible for less experienced developers building their track record.
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 Islington and Greater London. Over £300m of capital raised for property professionals across the UK.
View Full Profile