Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Soho and the wider Westminster area.
Commercial property in Soho 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 3.5%, though prime Soho stock with secure tenants on longer leases can achieve tighter returns. Property values across Westminster have risen 12.5% over five years, and Soho has broadly tracked this positive trajectory.
| 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. Soho values may differ — contact us for area-specific guidance.
Property development in Soho follows a pattern of incremental upgrading, with individual landlords and small investors improving their holdings to attract better-quality tenants at higher rents. Victoria transformation provides a supportive context for private-sector investment in the area. Planning consent for changes of use and minor extensions is generally achievable, making Soho 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 Westminster and Greater London. Over £300m of capital raised for property professionals across the UK.
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