Penzance, Cornwall

Commercial Mortgages & Property Finance in Penzance

Penzance is the most westerly major town in England, serving as the terminus of the Great Western Railway and gateway to the Isles of Scilly. The town has a subtropical microclimate, an eclectic creative community, and a strong independent retail scene along Chapel Street. Art Deco Jubilee Pool, Britain's largest seawater lido, has been restored as a geothermal-heated attraction.

Penzance Town CentreNewlynMouseholeHeamoorEastern Green
£190
Avg Price/sq ft
5.6%
Average Yield
+20.5%
5yr Price Growth
+15.8%
5yr Rental Growth

Penzance Local Market Intelligence

West Cornwall's main town with ferry links to Scilly. Strong arts community. Newlyn fishing harbour nationally significant.

— CMB Market Analysis

Key Industries

  • Tourism & Creative Arts
  • Fishing & Marine
  • Retail
  • Healthcare
  • Hospitality

Transport Links

  • GWR terminus to Paddington (5 hrs)
  • Penzance Heliport to Isles of Scilly
  • A30 trunk road terminus
  • Scillonian ferry from Penzance Harbour

Regeneration

Jubilee Pool geothermal restoration; Penzance Promenade improvements; Coinagehall Street and Chapel Street heritage conservation; Wharfside creative quarter; Penlee House gallery expansion

Commercial Mortgages in Penzance

Whether you're acquiring office space, retail units, or industrial property in Penzance, our commercial mortgage solutions provide long-term financing tailored to your investment strategy. We work with high street banks and specialist lenders to secure competitive rates across Cornwall, with terms from 3 to 25 years and up to 75% LTV.

Our ex-banker team understands the Penzance commercial property market and has direct relationships with lender credit committees, meaning faster decisions and better terms for your deal.

  • Owner-occupied and investment commercial mortgages
  • Terms from 3 to 25 years with competitive fixed and variable rates
  • Up to 75% LTV on commercial property
  • Portfolio and multi-asset lending available

Commercial Mortgage Key Facts

Loan Size£50k - £25m+
Max LTV75%
Term3 - 25 years
Decision48 hours

Commercial Bridging Finance in Penzance

When speed matters for your Penzance property transaction, commercial bridging finance provides short-term funding to bridge the gap. Whether you're securing a time-sensitive acquisition, funding an auction purchase, or refinancing before a long-term facility is in place, we can arrange bridging loans from completion in as little as 7 days.

With access to specialist bridging lenders across Cornwall, we structure deals that match your exit strategy and keep costs to a minimum.

  • Completion possible in 7-14 days for urgent transactions
  • Rates from 0.55% per month with no exit fees available
  • Up to 75% LTV on commercial and semi-commercial property
  • Auction finance, chain-break funding, and refurbishment bridges

Bridging Finance Key Facts

Loan Size£25k - £25m+
Max LTV75%
Term1 - 24 months
Speed7-14 days

Development Finance in Penzance

For developers building in Penzance, our development finance solutions fund ground-up construction, conversions, and major refurbishment projects. We arrange staged drawdown facilities aligned to your build programme, ensuring capital is available at each construction milestone.

From site acquisition to practical completion, we structure development loans that maximise your returns across Cornwall. Our team assesses GDV, build costs, and local market conditions to present the strongest case to lenders.

  • Staged drawdowns aligned to construction milestones
  • Up to 90% of build costs and 70% of land value
  • Ground-up, conversion, and heavy refurbishment projects
  • Day-one land funding available for experienced developers

Development Finance Key Facts

Loan Size£150k - £50m+
Build CostUp to 90%
Term6 - 24 months
Land ValueUp to 70%

Your Local Expert

Matt Lenzie

Founder & Principal Broker

  • Ex-Lloyds Bank and Bank of Scotland
  • Board advisor to pension trustee with £3.9bn AUA
  • Direct lender relationships across Cornwall

Why Penzance for Commercial Property Investment

Lender Appetite

Selective appetite. Tourism and creative sectors understood.

Latest Commercial Property News in Penzance

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

Calculate Your Penzance Property Finance

Use our interactive calculators to estimate costs for commercial mortgages, bridging finance, and development loans.