Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Portsmouth and Hampshire.
Portsmouth stands out with above-average yields of 6.5%, making it one of the UK's most attractive commercial property markets for investors.
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
“Naval heritage drives tourism. University supports student market. Gunwharf Quays successful retail destination.”
— CMB Market Analysis
City Centre North; Hard Interchange; Tipner development
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £25 psf | £9 psf | £9 - £25 psf |
| Retail / Shop | £40 psf | £21 psf | £21 - £40 psf |
| Industrial | £9 psf | £4 psf | £4 - £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 Portsmouth commercial property remains strong, with technology & digital assets attracting the most interest.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade B office building, Gunwharf Quays
Lock-up shop unit, Fratton
Modern industrial unit, trade estate
67-bedroom serviced accommodation, Cosham
61-bed residential care facility, Southsea
Shop with maisonette above, town centre
Former commercial premises with PP for conversion, Southsea
Buy-to-let residential portfolio, 22 units, Cosham
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 Portsmouth. 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 ProfilePortsmouth presents development opportunities linked to City Centre North. Growing demand from the Naval/Defence 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 student accommodation and residential. Hospitality supported.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Portsmouth and the wider Hampshire region, from commercial property purchases to hotel and leisure acquisitions.
Portsmouth is a major naval port city with strong heritage tourism and university presence. The commercial property market benefits from strong demand across Naval/Defence, Tourism, Higher Education sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6.5% and 16.2% price growth over five years, Portsmouth offers compelling returns for commercial property investors. Excellent connectivity via Portsmouth rail stations supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including City Centre North, further enhances the investment outlook and signals sustained public and private sector confidence.
Limited stock of institutional-grade commercial property in Portsmouth means investors often need to consider value-add strategies. Planning timelines and local authority capacity can extend development schedules beyond initial expectations.
Portsmouth's commercial property landscape has been shaped by City Centre North. Growth in the Naval/Defence sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in Portsmouth are managed by Hampshire council, which has adopted a pro-growth stance supporting commercial and mixed-use development. Local plan policies favour brownfield regeneration and town centre investment, with a streamlined approach to permitted development rights for office-to-residential conversions.
Commercial property news for Portsmouth 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 Portsmouth and surrounding areas. View larger map
Office rents in Portsmouth range from approximately £9 per square foot for secondary space up to £25 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 Portsmouth vary by property type and grade. Current indicative yields are: offices at 5.67%-8.65%, retail at 6.57%-9.73%, industrial at 5.07%-6.97%, residential single-let at 6.6%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Portsmouth's commercial property market includes offices, retail units, industrial premises, residential investment blocks, care homes, hotels and guest houses. 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 Portsmouth typically trade at around £97,040 per unit, or approximately £300 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 6.6%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
Care homes in Portsmouth typically trade at around £57,010 per registered bed. A typical 50-bed home would therefore be valued between £1.1m and £3.4m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.