Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across York 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
“World-class heritage city with exceptional tourism. Two universities drive student demand. York Central is major regeneration opportunity.”
— CMB Market Analysis
York Central (45-hectare site); Castle Gateway; city centre enhancement
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £23 psf | £8 psf | £8 - £23 psf |
| Retail / Shop | £29 psf | £23 psf | £23 - £29 psf |
| Industrial | £7 psf | £6 psf | £6 - £7 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 York market shows positive momentum with yields compressing slightly 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, Heslington
Self-contained industrial premises, Heslington
38-bedroom serviced accommodation, Heslington
Buy-to-let residential portfolio, 16 units, Heslington
Shop with maisonette above, town centre
72-bed care home, recently refurbished, Heslington
Permitted development opportunity, Heslington
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 York. 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 ProfileYork presents development opportunities linked to York Central (45-hectare site). Growing demand from the Tourism sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Strong appetite for all quality assets. Heritage conversion and student accommodation favoured.
Our team has experience in North Yorkshire property finance markets.
York is a historic walled city with exceptional heritage, two universities, and strong visitor economy. The commercial property market benefits from strong demand across Tourism, Higher Education, Rail sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 5.2% and 16.5% price growth over five years, York offers compelling returns for commercial property investors. Excellent connectivity via York Station (major hub) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including York Central (45-hectare site), further enhances the investment outlook and signals sustained public and private sector confidence.
Limited stock of institutional-grade commercial property in York means investors often need to consider value-add strategies. Planning timelines and local authority capacity can extend development schedules beyond initial expectations.
York's commercial property landscape has been shaped by York Central (45-hectare site). Growth in the Tourism sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in York are managed by North Yorkshire 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 York 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 York and surrounding areas. View larger map
Office rents in York range from approximately £8 per square foot for secondary space up to £23 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £13 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in York vary by property type and grade. Current indicative yields are: offices at 6.16%-8.93%, retail at 6.47%-7.52%, industrial at 5.79%-6.57%, residential single-let at 5.64%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
York'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 York typically trade at around £172,940 per unit, or approximately £204 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 5.64%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
Care homes in York typically trade at around £67,860 per registered bed. A typical 46-bed home would therefore be valued between £1.4m and £4.1m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.