Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Elgin and Scotland.
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
“Moray capital. Famous whisky distilleries. Historic cathedral ruins.”
— CMB Market Analysis
Elgin town centre improvement; BID scheme investment; Elgin Cathedral heritage; former barrack site; Moray Sports Centre; housing growth at Findrassie; Bilbohall development
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £18 psf | £11 psf | £11 - £18 psf |
| Retail / Shop | £18 psf | £12 psf | £12 - £18 psf |
| Industrial | £6 psf | £5 psf | £5 - £6 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.
Elgin benefits from growing private investor interest, particularly in retail & leisure opportunities.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Refurbished office space, New Elgin
High street retail unit, Pinefield
Self-contained industrial premises, Elgin Cathedral
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 Elgin. 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 ProfileElgin presents development opportunities linked to Elgin town centre improvement. Growing demand from the Whisky Distilling (Speyside) 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 whisky and tourism.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Elgin and the wider Scotland region, from commercial property purchases to development and refurbishment projects.
Elgin is the principal town of Moray, home to the stunning ruins of Elgin Cathedral (the 'Lantern of the North') and gateway to the Speyside whisky trail, the greatest concentration of malt whisky distilleries in the world. The commercial property market benefits from strong demand across Whisky Distilling (Speyside), Cashmere (Johnstons of Elgin), Defence (RAF Lossiemouth) sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6% and 11.8% price growth over five years, Elgin offers compelling returns for commercial property investors. Excellent connectivity via ScotRail to Inverness (40 mins)/Aberdeen (90 mins) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Elgin town centre improvement, further enhances the investment outlook and signals sustained public and private sector confidence.
Distinct legal framework for property transactions requires specialist Scottish conveyancing expertise. Business rates policies differ from England, and some lenders apply Scottish property restrictions.
Elgin's commercial property landscape has been shaped by Elgin town centre improvement. Growth in the Whisky Distilling (Speyside) sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
The local planning authority for Elgin operates within Scotland, with policies that support sustainable commercial development and town centre vitality. The local plan identifies key development sites and employment areas, and the council has demonstrated a pragmatic approach to commercial property applications.
Commercial property news for Elgin will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Scotland.
Commercial mortgage services available across Elgin and surrounding areas. View larger map
Office rents in Elgin range from approximately £11 per square foot for secondary space up to £18 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £14 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Elgin vary by property type and grade. Current indicative yields are: offices at 6.63%-8.64%, retail at 7.44%-10.61%, industrial at 5.53%-7.34%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Elgin's commercial property market includes offices, retail units, industrial premises. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.