Andover, Hampshire

Commercial Mortgages in Andover

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.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
£190
Avg Price/sq ft
5.8%
Average Yield
+13.2%
5yr Price Growth
+10%
5yr Rental Growth

Why Choose CMB in Andover

Direct relationships with executives and board members of the UK's leading lenders

Ex-Banking Background

Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out

Board-Level Access

Direct relationships with lender decision-makers for faster approvals and better terms

£300M+ Track Record

Proven success arranging complex commercial property finance across the UK

Areas we cover:Andover Town CentreWalworthPicket PieceEast AntonCharlton

Andover Local Market Intelligence

Strategic location on A303 corridor. Major logistics operators present. Army presence at nearby bases supports economy.

— CMB Market Analysis

Key Industries

  • Logistics & Distribution
  • Manufacturing
  • Retail
  • Defence (nearby)
  • Professional Services

Transport Links

  • South Western Railway to London Waterloo (65 mins)
  • A303 to M3 (15 miles)/A30 corridor
  • A343 to Newbury
  • A3057 to Romsey/Southampton

Regeneration

Andover town centre regeneration; Walworth Business Park expansion; East Anton housing (2,000+ homes); Bere Hill office area; Picket Piece community development

Andover Commercial Property Market Data

Commercial Property Values in Andover

Property TypePrime / Grade ASecondaryMarket 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.

Investment Yields in Andover

Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.

Andover Market Trends

Office Vacancy
Stable
Industrial Demand
Weak
Retail Footfall
Stable
Residential Investment
Strong
Dominant sector:Industrial & Logistics

Investor appetite for Andover commercial property remains steady, with industrial & logistics assets attracting the most interest.

Recent Commercial Property Transactions in Andover

Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.

OfficeQ1 2026

Grade A office suite, Andover Town Centre

1,070 sq ft
£9,000 - £10,000
£9 psf8.4% yield
RetailQ3 2025

Retail premises with storage, town centre

694 sq ft
£6,000 - £7,000
£9 psf6.8% yield
IndustrialQ1 2026

Modern industrial unit, trade estate

6,368 sq ft
£30,000 - £33,000
£5 psf6.7% yield
WarehouseQ4 2025

Distribution warehouse, Picket Piece

19,915 sq ft
£114,000 - £125,000
£6 psf7.2% yield
Mixed-UseQ3 2025

Retail unit with 2 flats above, East Anton

7,292 sq ft
£1,358,000 - £1,501,000
£196 psf8.1% yield
Residential BlockQ1 2026

Buy-to-let residential portfolio, 23 units, East Anton

23 units
£3,150,000 - £3,485,000
6.2% yield

Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.

Our Services in Andover

Commercial Mortgages

Long-term financing for commercial and mixed-use property purchases, refinancing, and investment — tailored by experienced brokers who understand complex deal structures.

From £50,000Up to 75% LTV5-25 years

Commercial Bridging Finance

Fast, flexible short-term finance for commercial property transactions — decisions in 48 hours, completion in days, and creative structuring for deals that mainstream lenders will not touch.

From £50,000Up to 75% LTV1-18 months

Development Finance

Specialist funding for ground-up construction, major refurbishment, and mixed-use development projects — structured with staged drawdowns aligned to your build programme.

From £150,000Up to 75% LTV6-24 months
ML

Matt Lenzie

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 Profile

Why Andover for Commercial Property Investment

Investment Highlights

  • Average commercial property yields of 5.8% across the local market
  • 13.2% property price growth over the past five years
  • 10% rental growth over five years supporting income returns
  • Strong occupier demand from Logistics & Distribution and Manufacturing sectors
  • Excellent transport connectivity including South Western Railway to London Waterloo (65 mins)
  • Active regeneration programmes driving future capital growth

Development Opportunities

Andover 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.

Lender Appetite

Good appetite for logistics and industrial. Retail selective.

Property Types We Finance

Industrial UnitsFactory SpaceRetail UnitsHigh Street ShopsShopping CentresOffice SpaceServiced Offices

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.

Why Invest in Andover

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.

Local Market Challenges

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.

Notable Developments

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.

Planning Context

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.

Latest Commercial Property News in Andover

Commercial property news for Andover will appear here once available. Check back soon for the latest market updates.

Andover Commercial Mortgage Calculator

Pre-populated with local market data

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Interest-only estimate. Actual terms subject to lender assessment.

Andover Location

Commercial mortgage services available across Andover and surrounding areas. View larger map

Andover Commercial Property FAQ

What is the average office rent per square foot in Andover?

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.

What yields can investors expect from commercial property in Andover?

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.

What types of commercial property are available in Andover?

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.

How much does a residential investment block cost in Andover?

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.

Ready to discuss your Andover project?

Speak with our specialist team today and get a decision in principle within 48 hours.