Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Newry and Northern Ireland.
Newry stands out with above-average yields of 6.2%, 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
“Cross-border gateway with Republic of Ireland. Strong retail with The Quays. Growing city status.”
— CMB Market Analysis
Newry city centre regeneration; Albert Basin and canal quarter; Buttercrane Quay investment; Southern Relief Road; Carnbane industrial area expansion; South Newry gateway development
| 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 |
| Warehouse / Logistics | £7 psf | £9 psf | £7 - £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 Newry commercial property remains steady, with industrial & logistics assets attracting the most interest.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade A office suite, Newry City Centre
Corner retail unit with display frontage, The Quays
Industrial workshop with office, Camlough
23-bed care home, recently refurbished, Bessbrook
Modern warehouse with dock-level loading
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 Newry. 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 ProfileNewry presents development opportunities linked to Newry city centre regeneration. Growing demand from the Retail (cross-border shopping) 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. Cross-border trade valued.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Newry and the wider Northern Ireland region, from commercial property purchases to professional office relocations.
Newry is one of Northern Ireland's most dynamic commercial centres, positioned on the Dublin-Belfast corridor and benefiting from its proximity to the Republic of Ireland border. The commercial property market benefits from strong demand across Retail (cross-border shopping), Professional Services, Healthcare sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6.2% and 12% price growth over five years, Newry offers compelling returns for commercial property investors. Excellent connectivity via NI Railways to Belfast (60 mins)/Dublin Enterprise supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Newry city centre regeneration, 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.
Newry's commercial property landscape has been shaped by Newry city centre regeneration. Growth in the Retail (cross-border shopping) sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in Newry are managed by Northern Ireland 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 Newry 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 Newry and surrounding areas. View larger map
Office rents in Newry 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 Newry vary by property type and grade. Current indicative yields are: offices at 6.35%-8.27%, retail at 7.07%-9.72%, industrial at 6.76%-8.98%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Newry's commercial property market includes offices, retail units, industrial premises, warehouses and logistics units, 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 Newry typically trade at around £36,984 per registered bed. A typical 30-bed home would therefore be valued between £740k 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.