Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Andover and Hampshire.
Direct relationships with executives and board members of the UK's leading lenders
Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out
Direct relationships with lender decision-makers for faster approvals and better terms
Proven success arranging complex commercial property finance across the UK
“Strategic location on A303 corridor. Major logistics operators present. Army presence at nearby bases supports economy.”
— CMB Market Analysis
Andover town centre regeneration; Walworth Business Park expansion; East Anton housing (2,000+ homes); Bere Hill office area; Picket Piece community development
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £17 psf | £11 psf | £11 - £17 psf |
| Retail / Shop | £19 psf | £10 psf | £10 - £19 psf |
| Industrial | £6 psf | £5 psf | £5 - £6 psf |
| Warehouse / Logistics | £9 psf | £7 psf | £7 - £9 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.
Investor appetite for Andover commercial property remains steady, with industrial & logistics assets attracting the most interest.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade A office suite, Andover Town Centre
Retail premises with storage, town centre
Modern industrial unit, trade estate
Distribution warehouse, Picket Piece
Retail unit with 2 flats above, East Anton
Buy-to-let residential portfolio, 23 units, East Anton
Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.
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 every deal in Andover. Currently a board advisor to a pension administrator and trustee with £3.9bn of assets under advisory, Matt has raised over £300m of capital for property professionals across the UK.
View Full ProfileAndover presents development opportunities linked to Andover town centre regeneration. Growing demand from the Logistics & Distribution sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Good appetite for logistics and industrial. Retail selective.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Andover and the wider Hampshire region, from commercial property purchases to industrial unit purchases.
Andover is a Test Valley market town that has grown significantly as an employment centre, with major logistics operations at Walworth Business Park serving retailers including Tesco and Starbucks. The commercial property market benefits from strong demand across Logistics & Distribution, Manufacturing, Retail sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 5.8% and 13.2% price growth over five years, Andover offers compelling returns for commercial property investors. Excellent connectivity via South Western Railway to London Waterloo (65 mins) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Andover town centre regeneration, further enhances the investment outlook and signals sustained public and private sector confidence.
Competition for quality commercial stock in Andover has increased as investor demand spreads beyond core cities. Understanding local planning policies and Section 106 requirements is essential for development-led strategies.
Andover's commercial property landscape has been shaped by Andover town centre regeneration. Growth in the Logistics & Distribution sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
The local planning authority for Andover operates within Hampshire, with policies that support sustainable commercial development and town centre vitality. The local plan identifies key development sites and employment areas, and the council has demonstrated a pragmatic approach to commercial property applications.
Commercial property news for Andover will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Hampshire.
Commercial mortgage services available across Andover and surrounding areas. View larger map
Office rents in Andover range from approximately £11 per square foot for secondary space up to £17 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £14 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Andover vary by property type and grade. Current indicative yields are: offices at 7.01%-8.82%, retail at 6.6%-8.11%, industrial at 6.89%-8.18%, residential single-let at 6.43%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Andover's commercial property market includes offices, retail units, industrial premises, warehouses and logistics units, residential investment blocks. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.
Residential investment blocks in Andover typically trade at around £129,600 per unit, or approximately £205 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 6.43%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.