Wick, Scotland

Commercial Mortgages in Wick

Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Wick and Scotland.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
£55
Avg Price/sq ft
7.5%
Average Yield
+8%
5yr Price Growth
+6.5%
5yr Rental Growth

Investment Hotspot

7.5% average yield

Wick stands out with above-average yields of 7.5%, making it one of the UK's most attractive commercial property markets for investors.

Why Choose CMB in Wick

Direct relationships with executives and board members of the UK's leading lenders

Ex-Banking Background

Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out

Board-Level Access

Direct relationships with lender decision-makers for faster approvals and better terms

£300M+ Track Record

Proven success arranging complex commercial property finance across the UK

Areas we cover:Wick Town CentreWick HarbourPulteneytownSouth HeadThurso Road

Wick Local Market Intelligence

Caithness town with growing offshore wind sector. Historic harbour. Affordable property values.

— CMB Market Analysis

Key Industries

  • Tourism & Heritage
  • Fishing
  • Renewable Energy
  • Agriculture
  • Retail

Transport Links

  • ScotRail Far North Line to Inverness
  • Wick John O'Groats Airport (Loganair)
  • A9 to Thurso/Inverness
  • A99 to John O'Groats

Regeneration

Wick town centre regeneration; harbour and riverfront improvements; Wick Heritage Museum investment; former herring yards conservation; Caithness General Hospital; Newton housing area

Wick Commercial Property Market Data

Commercial Property Values in Wick

Property TypePrime / Grade ASecondaryMarket Range
Office£20 psf£8 psf£8 - £20 psf
Retail / Shop£24 psf£20 psf£20 - £24 psf
Industrial£6 psf£4 psf£4 - £6 psf

Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.

Investment Yields in Wick

Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.

Wick Market Trends

Office Vacancy
Rising
Industrial Demand
Strong
Retail Footfall
Stable
Residential Investment
Weak
Dominant sector:Hospitality & Tourism

Investor appetite for Wick commercial property remains steady, with hospitality & tourism assets attracting the most interest.

Recent Commercial Property Transactions in Wick

Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.

OfficeQ4 2025

Grade A office suite, Wick Town Centre

3,940 sq ft
£37,000 - £41,000
£10 psf7.4% yield
RetailQ3 2025

High street retail unit, Wick Town Centre

3,245 sq ft
£65,000 - £72,000
£21 psf6.9% yield
IndustrialQ1 2026

Light industrial unit with yard, Wick Town Centre

2,480 sq ft
£12,000 - £13,000
£5 psf6.2% yield
HotelQ4 2025

58-room guest house with owner's accommodation, Wick Town Centre

58 rooms
£2,735,000 - £3,020,000
7.6% yield

Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.

Our Services in Wick

Commercial Mortgages

Long-term financing for commercial and mixed-use property purchases, refinancing, and investment — tailored by experienced brokers who understand complex deal structures.

From £50,000Up to 75% LTV5-25 years

Commercial Bridging Finance

Fast, flexible short-term finance for commercial property transactions — decisions in 48 hours, completion in days, and creative structuring for deals that mainstream lenders will not touch.

From £50,000Up to 75% LTV1-18 months

Development Finance

Specialist funding for ground-up construction, major refurbishment, and mixed-use development projects — structured with staged drawdowns aligned to your build programme.

From £150,000Up to 75% LTV6-24 months
ML

Matt Lenzie

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 Wick. 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 Profile

Why Wick for Commercial Property Investment

Investment Highlights

  • Average commercial property yields of 7.5% across the local market
  • 8% property price growth over the past five years
  • 6.5% rental growth over five years supporting income returns
  • Strong occupier demand from Tourism & Heritage and Fishing sectors
  • Excellent transport connectivity including ScotRail Far North Line to Inverness
  • Active regeneration programmes driving future capital growth

Development Opportunities

Wick presents development opportunities linked to Wick town centre regeneration. Growing demand from the Tourism & Heritage sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.

Lender Appetite

Selective appetite. Energy sector projects favoured.

Property Types We Finance

Agricultural BuildingsRural Commercial UnitsRetail UnitsHigh Street ShopsShopping Centres

Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Wick and the wider Scotland region, from commercial property purchases to development and refurbishment projects.

Why Invest in Wick

Wick is a Caithness town on Scotland's north-east coast with a remarkable herring fishing heritage celebrated at the Wick Heritage Museum, one of the UK's finest small museums. The commercial property market benefits from strong demand across Tourism & Heritage, Fishing, Renewable Energy sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 7.5% and 8% price growth over five years, Wick offers compelling returns for commercial property investors. Excellent connectivity via ScotRail Far North Line to Inverness supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Wick town centre regeneration, further enhances the investment outlook and signals sustained public and private sector confidence.

Local Market Challenges

Distinct legal framework for property transactions requires specialist Scottish conveyancing expertise. Business rates policies differ from England, and some lenders apply Scottish property restrictions.

Notable Developments

Wick's commercial property landscape has been shaped by Wick town centre regeneration. Growth in the Tourism & Heritage sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.

Planning Context

Wick falls under Scotland 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.

Latest Commercial Property News in Wick

Commercial property news for Wick will appear here once available. Check back soon for the latest market updates.

Wick Commercial Mortgage Calculator

Pre-populated with local market data

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Wick Location

Commercial mortgage services available across Wick and surrounding areas. View larger map

Wick Commercial Property FAQ

What is the average office rent per square foot in Wick?

Office rents in Wick range from approximately £8 per square foot for secondary space up to £20 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £12 per square foot. These figures are based on Q1 2026 regional market benchmarking.

What yields can investors expect from commercial property in Wick?

Investment yields in Wick vary by property type and grade. Current indicative yields are: offices at 6.95%-7.8%, retail at 7.34%-8.58%, industrial at 6.57%-7.47%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.

What types of commercial property are available in Wick?

Wick's commercial property market includes offices, retail units, industrial premises, 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.

Ready to discuss your Wick project?

Speak with our specialist team today and get a decision in principle within 48 hours.