Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Marylebone and the wider Westminster area.
The Marylebone commercial market is characterised by steady occupier demand, accessible pricing, and relatively low levels of speculative new supply, with retail rents of £28-45 per square foot and office space from £22-38 per square foot. Yields of 3.5% characterise the wider Westminster market, and Marylebone sits broadly in line, with higher-yielding opportunities on secondary parades. With 12.5% value growth over five years borough-wide, Marylebone's fundamentals are strengthening, supported by transport improvements and rising residential values nearby.
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £86 psf | £31 psf | £31 - £86 psf |
| Retail / Shop | £202 psf | £79 psf | £79 - £202 psf |
| Industrial | £20 psf | £15 psf | £15 - £20 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Market data reflects Westminster-wide averages. Marylebone values may differ — contact us for area-specific guidance.
Marylebone attracts development finance interest for conversion and refurbishment schemes, with project sizes typically ranging from single-unit improvements to small parade refurbishments. Wider regeneration, including victoria transformation, is improving market confidence and expanding the pool of viable development opportunities. Small-scale builders and experienced investors are active in the area, acquiring tired stock for improvement and re-letting at improved rents.
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 Westminster and Greater London. Over £300m of capital raised for property professionals across the UK.
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