Wells, SomersetLocal lender appetite and market data

Specialist Commercial Mortgage Broker in Wells

CMB arranges commercial mortgages, bridging loans and development finance for property professionals across Wells and Somerset. Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, institutional-grade underwriting, direct lender access and decisions in 48 hours.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
£255
Avg Price/sq ft
4.9%
Average Yield
+14%
5yr Price Growth
+10%
5yr Rental Growth

Wells commercial mortgage brokers, ex-bankers with direct lender access

CMB combines former Lloyds and Bank of Scotland underwriting experience with direct board-level relationships at the UK's leading commercial 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

Wells commercial property market signals

The factors lenders weigh when assessing Wells commercial mortgages, sector demand, transport connectivity and active regeneration programmes.

England's smallest city with magnificent cathedral. Premium property market. Tourism and schools drive economy.

, CMB Market Analysis

Key Industries

  • Tourism & Heritage
  • Independent Retail
  • Healthcare
  • Education (Wells Cathedral School)
  • Hospitality

Transport Links

  • A39 to Glastonbury/Bath
  • A371 to Shepton Mallet/Wincanton
  • No direct rail (nearest: Castle Cary/Bath)
  • Local bus services to Bath/Bristol

Regeneration

Very limited due to conservation; Wells city centre heritage conservation; Bishop's Palace and moat restoration; Cathedral School campus investment; Princes Road housing; recreation ground improvements

Listen: Somerset Q1 2026 commercial property briefing

The Somerset regional briefing covering Wells and the wider region. A Q2 2026 commercial property briefing on Somerset, the most sectorally varied county in the South West outside Greater Bristol, anchored by the UNESCO heritage and twin-university economy of Bath, the M5 corridor through Taunton and Bridgwater, the Hinkley Point C nuclear new-build effect, and the Leonardo Helicopters defence cluster at Yeovil. We walk through transaction volumes across the ten principal towns, recent Acuitus auction yields between roughly seven and twelve and a half percent, and where lender appetite sits today.

Part of the Commercial Property Briefing podcast series. Subscribe via the RSS feed.

HMLR transaction evidence

Wells commercial property transaction evidence

50 commercial sales in Wells across the last 60 months, sourced from HM Land Registry Price Paid Data. 14 records in the current sample are confidently sector-classified; the wider recent sample is shown as general commercial transaction evidence.

Source sales
50
60-month window
Shown below
30
recent examples
Filter transaction evidence
All commercial transactions in Wells
50transactions
Sample: showing 30 recent sales below
AgriculturalQ3 2025

Orchard Barn, Woodford Lane, Wells

Sale price
£650,000
AgriculturalQ2 2025

Knapp Hill Farm, Barn, Bath Road, Wells

Sale price
£75,000
OfficeQ1 2025

Slab House Inn, West Horrington, Wells

Sale price
£1,000,000
OfficeQ1 2025

Weirside House, Wells Road, Wookey, Wells

Sale price
£337,000
OfficeQ1 2025

Westbury House, Westbury Sub Mendip, Wells

Sale price
£2,055,000
WarehouseQ4 2024

First Bus Depot, Priory Road, Wells

Sale price
£315,000
OfficeQ3 2024

Old Mill House, Dulcote, Wells

Sale price
£2,200,000
RetailQ3 2024

10, High Street, Wells

Sale price
£387,000
RetailQ2 2024

70, High Street, Wells

Sale price
£332,500
RetailQ1 2024

52, High Street, Wells

Sale price
£320,000
RetailQ1 2024

78, High Street, Wells

Sale price
£300,000
OfficeQ1 2024

Scotswood House, Hembury Lane, Wookey, Wells

Sale price
£885,000
RetailQ1 2024

53, High Street, Wells

Sale price
£785,000
RetailQ1 2024

45 - 47, High Street, Wells

Sale price
£745,000
CommercialQ1 2026

Fishers Orchard, Yarley Hill, Yarley, Wells

Sale price
£785,000
CommercialQ4 2025

Riverside, Henton, Wells

Sale price
£600,000
CommercialQ3 2025

Wellesley Park, Lakeside, Wellesley Lane, Dulcote, Wells

Sale price
£750,000
CommercialQ2 2025

Rushlands, Knowle Lane, Wookey, Wells

Sale price
£76,000
CommercialQ2 2025

Underdown Cottage, Pillmoor Lane, Coxley, Wells

Sale price
£490,000
CommercialQ2 2025

Bleadney Byre, Bleadney, Wells

Sale price
£685,000
CommercialQ2 2025

The Stoneworks, Haydon Drove, Haydon, Wells

Sale price
£800,000
CommercialQ2 2025

2, Priest Row, Wells

Sale price
£145,000
CommercialQ1 2025

41, St Thomas Street, Wells

Sale price
£245,000
CommercialQ1 2025

Tallet Batch, Polsham, Wells

Sale price
£840,000
CommercialQ1 2025

29, Priory Road, Wells

Sale price
£375,000
CommercialQ1 2025

The Mendip Crematorium, Old Wells Road, Croscombe, Wells

Sale price
£6,482,000
CommercialQ1 2025

25, Sadler Street, Wells

Sale price
£250,000
CommercialQ4 2024

Homestead Caravan And Camping Park, Homestead Park, Wookey Hole, Wells

Sale price
£906,259
CommercialQ4 2024

22, Priory Road, Wells

Sale price
£290,600
CommercialQ4 2024

Thrupe Farm, Thrupe Lane, Masbury, Wells

Sale price
£505,000

Source: HM Land Registry Price Paid Data (Category B records). Sector classification is address-based and best-effort; unclassified records are shown as general commercial transactions and smaller sectors may include mixed-use or conversion deals.

Wells commercial mortgages, bridging loans and development finance

Three core debt structures cover the majority of Wells commercial property deals. Each carries a different lender panel, LTV ceiling and pricing band, match the structure to the asset and the timeline.

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 Remortgage

Refinance an existing commercial mortgage to lower your rate, switch lender, release equity or restructure the loan.

From £150,000Up to 75% LTV5-25 years (typical 5-year fixed reverting to variable)

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 Wells. 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.

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Wells commercial property investment fundamentals

What makes Wells fundable, where the development opportunity sits, which lenders are active, and the asset classes our team finances most often.

Investment Highlights

  • Average commercial property yields of 4.9% across the local market
  • 14% property price growth over the past five years
  • 10% rental growth over five years supporting income returns
  • Strong occupier demand from Tourism & Heritage and Independent Retail sectors
  • Excellent transport connectivity including A39 to Glastonbury/Bath
  • Active regeneration programmes driving future capital growth

Development Opportunities

Wells presents development opportunities linked to Very limited due to conservation. 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

Good appetite for heritage city properties.

Property Types We Finance

Retail UnitsHigh Street ShopsMedical/Dental PracticesCare Homes

Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Wells and the wider Somerset region, from commercial property purchases to independent retail investments.

Need a commercial mortgage decision in Wells?

Our team will review your asset, sector and structure against current Wells lender appetite and come back with an indicative rate, LTV and term within 24–48 hours. No application until you're ready.

Latest Commercial Property News in Wells

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

Wells Commercial Mortgage Calculator

Pre-populated with local market data

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Wells Location

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

Wells commercial mortgage FAQ

Data-grounded answers about commercial property finance in Wells, sourced from HM Land Registry transactions and our own deal flow.

How active is the commercial property market in Wells?

HM Land Registry recorded 50 commercial property transactions in Wells during the most recent reporting window. The median commercial sale price is £330,000, with the middle 50% of deals between £202,500 and £640,000. Source: HM Land Registry Price Paid Data (Category B records).

What is the typical commercial property price in Wells?

The median commercial sale price recorded by HM Land Registry in Wells is £330,000. Smaller end deals (lower quartile) sit around £202,500, while larger transactions (upper quartile) reach £640,000 and above. These are the figures lenders will benchmark valuations against when assessing a commercial mortgage application in Wells.

Which commercial property sectors are most active in Wells?

The most active commercial sectors in Wells (by recorded transaction count) are: retail (6 transactions), office (5 transactions), agri (2 transactions). Sector mix matters because lender appetite, LTV ceilings and rate pricing all vary by use class — speak to our team for an indicative quote on the sector you are targeting.

Can I get a commercial mortgage on a property in Wells?

Yes. We arrange commercial mortgages, commercial bridging finance and development finance for property in Wells. Typical loan sizes range from £150,000 to £25m+, with LTVs up to 75% on standard commercial assets and up to 70% LTGDV on development. Whole-of-market access — including the high-street banks, challenger lenders and specialist commercial funders.

How do I get a commercial mortgage quote for a property in Wells?

Call 07595 366094 or use the contact form to request a commercial mortgage quote in Wells. We will review the asset, sector, deal structure and lender appetite specific to Wells and come back with an indicative rate, LTV and term within 24–48 hours.

Ready to discuss your Wells project?

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