Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Derry and Northern Ireland.
Derry stands out with above-average yields of 8.5% and strong 5-year price growth of 26.5%, 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
“UK City of Culture 2013 legacy ongoing. Technology sector growing. University presence strengthening.”
— CMB Market Analysis
Ebrington Square; waterfront development; city centre enhancement
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £17 psf | £10 psf | £10 - £17 psf |
| Retail / Shop | £31 psf | £18 psf | £18 - £31 psf |
| Industrial | £5 psf | £4 psf | £4 - £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.
Investor appetite for Derry 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 A office suite, City Centre
Corner retail unit with display frontage, Waterside
Industrial workshop with office, Ebrington
22-bed registered care home with gardens, Cityside
63-room hotel with bar and restaurant, Cityside
11-unit purpose-built apartment block, Foyle
Mixed-use building with commercial ground floor and residential above, Waterside
Development site with planning for 14 residential units, City Centre
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 Derry. 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 ProfileDerry presents development opportunities linked to Ebrington Square. Growing demand from the Technology 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 quality development. Yield premium attractive.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Derry and the wider Northern Ireland region, from tech workspace conversions to development and refurbishment projects.
Derry is Northern Ireland's second city with strong heritage and growing commercial sector. The commercial property market benefits from strong demand across Technology, Higher Education, Healthcare sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 8.5% and 26.5% price growth over five years, Derry offers compelling returns for commercial property investors. Excellent connectivity via Derry-Londonderry rail supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Ebrington Square, further enhances the investment outlook and signals sustained public and private sector confidence.
Unique legal and regulatory framework compared to the rest of the UK. Market liquidity can be lower for larger assets, requiring specialist lender knowledge and patient capital approaches.
Derry's commercial property landscape has been shaped by Ebrington Square. Growth in the Technology sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Derry falls under Northern Ireland planning authority, where the adopted local plan supports commercial development and economic growth. Planning decisions reflect a balance between heritage conservation and enabling new investment, with CIL charges and Section 106 contributions applying to larger schemes.
Commercial property news for Derry will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Northern Ireland.
Commercial mortgage services available across Derry and surrounding areas. View larger map
Office rents in Derry range from approximately £10 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 £13 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Derry vary by property type and grade. Current indicative yields are: offices at 6.33%-8.24%, retail at 7.04%-9.68%, industrial at 6.74%-8.95%, residential single-let at 6.55%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Derry'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 Derry typically trade at around £147,490 per unit, or approximately £122 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 6.55%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
Care homes in Derry typically trade at around £36,564 per registered bed. A typical 30-bed home would therefore be valued between £731k and £2.2m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.