Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Northallerton and North Yorkshire.
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
“North Yorkshire county town. Strong agricultural services. Affordable commuter alternative.”
— CMB Market Analysis
Northallerton town centre improvement scheme; Treadmills mixed-use (former prison site); Romanby housing expansion; Northallerton Sports Village; county council estate review; A684 Bedale bypass
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £11 psf | £4 psf | £4 - £11 psf |
| Retail / Shop | £15 psf | £4 psf | £4 - £15 psf |
| Industrial | £5 psf | £3 psf | £3 - £5 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.
The Northallerton market shows resilient fundamentals with yields remaining competitive against regional averages.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Serviced office premises, town centre
Corner retail unit with display frontage, County Hall
Modern industrial unit, trade estate
70-bed nursing home with planning consent, Brompton
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 Northallerton. 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 ProfileNorthallerton presents development opportunities linked to Northallerton town centre improvement scheme. Growing demand from the Public Administration sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Standard market town appetite.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Northallerton and the wider North Yorkshire region, from commercial property purchases to development and refurbishment projects.
Northallerton is the county town of North Yorkshire and the administrative base for the former North Yorkshire County Council. The commercial property market benefits from strong demand across Public Administration, Agriculture & Livestock, Professional Services sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 5.4% and 12.8% price growth over five years, Northallerton offers compelling returns for commercial property investors. Excellent connectivity via LNER/TransPennine to York (25 mins)/Darlington (15 mins) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Northallerton town centre improvement scheme, further enhances the investment outlook and signals sustained public and private sector confidence.
Northallerton's commercial property market faces competition from nearby larger centres, which can limit tenant demand for certain asset types. Careful due diligence on local occupier markets and realistic yield expectations are essential for successful investment.
Northallerton's commercial property landscape has been shaped by Northallerton town centre improvement scheme. Growth in the Public Administration sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning policy in Northallerton is set by North Yorkshire council through its adopted local plan. The authority supports commercial investment and has allocated sites for employment and mixed-use development. Pre-application advice is available and recommended for larger schemes to navigate local requirements efficiently.
Commercial property news for Northallerton will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout North Yorkshire.
Commercial mortgage services available across Northallerton and surrounding areas. View larger map
Office rents in Northallerton range from approximately £4 per square foot for secondary space up to £11 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £7 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Northallerton vary by property type and grade. Current indicative yields are: offices at 7.38%-9.59%, retail at 7.15%-11.74%, industrial at 7.12%-10.81%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Northallerton's commercial property market includes offices, retail units, industrial premises, care homes. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.
Care homes in Northallerton typically trade at around £41,813 per registered bed. A typical 43-bed home would therefore be valued between £836k and £2.5m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.