Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Tenby and Wales.
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
“Premier Welsh seaside resort. Strong year-round tourism. Caldey Island trips.”
— CMB Market Analysis
Tenby town centre conservation; harbour and North Beach improvements; South Parade area; Castle Hill heritage; modest housing allocations; Pembrokeshire Coast National Park visitor infrastructure
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £15 psf | £7 psf | £7 - £15 psf |
| Retail / Shop | £26 psf | £15 psf | £15 - £26 psf |
| Industrial | £4 psf | £3 psf | £3 - £4 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 Tenby 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.
Grade B office building, Tenby Harbour
Lock-up shop unit, Tenby Town Centre
Modern industrial unit, trade estate
Freehold pub with trade garden, Caldey Island
63-room hotel with bar and restaurant, North Beach
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 Tenby. 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 ProfileTenby presents development opportunities linked to Tenby town centre conservation. Growing demand from the Tourism & Hospitality sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Strong appetite for tourism properties.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Tenby and the wider Wales region, from commercial property purchases to independent retail investments.
Tenby is one of the most picturesque seaside towns in Britain, a walled medieval town on the Pembrokeshire coast with pastel-coloured Georgian houses, three stunning beaches, and a working fishing harbour. The commercial property market benefits from strong demand across Tourism & Hospitality, Independent Retail, Fishing sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 5% and 18.5% price growth over five years, Tenby offers compelling returns for commercial property investors. Excellent connectivity via Transport for Wales to Swansea/Carmarthen supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Tenby town centre conservation, further enhances the investment outlook and signals sustained public and private sector confidence.
Separate planning regulations and building standards from England create additional complexity. Limited institutional demand in some areas means careful lender selection is important for commercial finance.
Tenby's commercial property landscape has been shaped by Tenby town centre conservation. Growth in the Tourism & Hospitality sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Tenby falls under Wales 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.
Commercial property news for Tenby will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Wales.
Commercial mortgage services available across Tenby and surrounding areas. View larger map
Office rents in Tenby range from approximately £7 per square foot for secondary space up to £15 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £11 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Tenby vary by property type and grade. Current indicative yields are: offices at 6.82%-8.73%, retail at 7.54%-10.51%, industrial at 7.23%-9.44%, residential single-let at 7.05%, HMOs at 10.2%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Tenby's commercial property market includes offices, retail units, industrial premises, hotels and guest houses, pubs and restaurants. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.
HMO investments in Tenby can achieve yields of approximately 10.2%, compared to 7.05% for standard single-let properties. Tenby has established HMO demand in key residential areas. Note that HMO licensing requirements vary by local authority -- check Article 4 directions before purchasing.