Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Johnstone and Scotland.
Johnstone stands out with above-average yields of 7.5%, 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
“Renfrewshire town with thread manufacturing heritage. Good Glasgow commuter links.”
— CMB Market Analysis
Johnstone Castle housing regeneration; town centre improvement; Cochrane Castle housing area; Spateston housing; Fordbank area; community facilities investment
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £21 psf | £8 psf | £8 - £21 psf |
| Retail / Shop | £37 psf | £14 psf | £14 - £37 psf |
| Industrial | £8 psf | £4 psf | £4 - £8 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 Johnstone market shows resilient fundamentals with yields remaining competitive against regional averages.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Open-plan office suite with parking, Brookfield
High street retail unit, Linwood
Manufacturing unit with loading, Johnstone Town Centre
28-bed nursing home with planning consent, Johnstone Town 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 Johnstone. 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 ProfileJohnstone presents development opportunities linked to Johnstone Castle housing regeneration. Growing demand from the Manufacturing 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 residential.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Johnstone and the wider Scotland region, from industrial unit purchases to retail unit purchases.
Johnstone is a Renfrewshire town west of Paisley with a thread-making and engineering heritage. The commercial property market benefits from strong demand across Manufacturing, Retail, Healthcare sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 7.5% and 11% price growth over five years, Johnstone offers compelling returns for commercial property investors. Excellent connectivity via ScotRail to Glasgow (25 mins)/Paisley supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Johnstone Castle housing regeneration, 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.
Johnstone's commercial property landscape has been shaped by Johnstone Castle housing regeneration. Growth in the Manufacturing sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning policy in Johnstone is set by Scotland council through its adopted local plan. The authority supports commercial investment and has allocated sites for employment and mixed-use development. Pre-application advice is available and recommended for larger schemes to navigate local requirements efficiently.
Commercial property news for Johnstone 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 Johnstone and surrounding areas. View larger map
Office rents in Johnstone range from approximately £8 per square foot for secondary space up to £21 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 Johnstone vary by property type and grade. Current indicative yields are: offices at 6.33%-8.95%, retail at 6.46%-10.2%, industrial at 5.86%-8.49%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Johnstone's commercial property market includes offices, retail units, industrial premises, 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 Johnstone typically trade at around £44,510 per registered bed. A typical 27-bed home would therefore be valued between £890k and £2.7m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.