Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Newcastle and Northern Ireland.
Newcastle stands out with above-average yields of 6.6%, 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
“Mourne Mountains gateway. Slieve Donard Hotel. Strong outdoor tourism.”
— CMB Market Analysis
Promenade improvements; tourism infrastructure
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £31 psf | £13 psf | £13 - £31 psf |
| Retail / Shop | £93 psf | £24 psf | £24 - £93 psf |
| Industrial | £12 psf | £6 psf | £6 - £12 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 Newcastle upon Tyne commercial property remains strong, with office & professional services assets attracting the most interest.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade A office suite, Heaton
Lock-up shop unit, Ouseburn
Self-contained industrial premises, Ouseburn
61-bed registered care home with gardens, Heaton
Development site with planning for 20 residential units, City Centre
17-unit purpose-built apartment block, City Centre
Mixed-use building with commercial ground floor and residential above, Heaton
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 Newcastle. 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 ProfileNewcastle presents development opportunities linked to Promenade improvements. 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 tourism properties.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Newcastle and the wider Northern Ireland region, from hotel and leisure acquisitions to development and refurbishment projects.
Newcastle in Northern Ireland offers diverse commercial property opportunities for investors and developers. The commercial property market benefits from strong demand across Tourism, Hospitality, Retail sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6.6% and 12.4% price growth over five years, Newcastle offers compelling returns for commercial property investors. Excellent connectivity via A2/A50 roads supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Promenade improvements, 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.
Newcastle's commercial property landscape has been shaped by Promenade improvements. Growth in the Tourism sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Newcastle 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 Newcastle 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 Newcastle and surrounding areas. View larger map
Office rents in Newcastle upon Tyne range from approximately £13 per square foot for secondary space up to £31 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £24 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Newcastle upon Tyne vary by property type and grade. Current indicative yields are: offices at 5.6%-6.64%, retail at 5.62%-8.34%, industrial at 4.92%-6.89%, residential single-let at 6.41%, HMOs at 8.33%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Newcastle upon Tyne's commercial property market includes offices, retail units, industrial premises, residential investment blocks, care homes. 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 Newcastle upon Tyne typically trade at around £138,330 per unit, or approximately £327 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 6.41%, with HMO conversions achieving up to 8.33%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
HMO investments in Newcastle upon Tyne can achieve yields of approximately 8.33%, compared to 6.41% for standard single-let properties. Newcastle upon Tyne has established HMO demand in key residential areas. Note that HMO licensing requirements vary by local authority -- check Article 4 directions before purchasing.
Care homes in Newcastle upon Tyne typically trade at around £55,240 per registered bed. A typical 56-bed home would therefore be valued between £1.1m and £3.3m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.