Commercial Mortgages Devon
Paignton seafront retail parade

Commercial Mortgages Paignton

Paignton (TQ3 / TQ4) is the family seaside resort at the centre of Torbay, the seafront, the harbour, the holiday-park and caravan economy and a deep town-centre retail spine. We arrange commercial mortgages for guest houses and holiday lets, seafront leisure, retail investment and owner-occupier premises across the Paignton resort economy.

8 active commercial property listings currently tracked in Paignton.

The Paignton commercial property market

Paignton anchors the family end of the Torbay tourism economy. The commercial mortgage flow centres on the seafront and harbour hospitality, the guest-house and holiday-let market, the holiday-park and caravan stock inland, and a town-centre retail spine along Victoria Street and Torquay Road. Like Torquay, the market is shaped by tourism seasonality, and lenders underwrite for it.

The deep-volume bracket is £250K to £1.5M: guest-house freeholds, holiday-let units, seafront F&B and in-town retail. Trading guest houses fund 7.0-9.0% pa on EBITDA; holiday lets via specialist lending; retail investment 6.5-8.5% pa. Value-end retail on the secondary parades sits at the wider end of the range.

HM Land Registry residential transactions across TQ3 / TQ4 confirm an active resort market, second-home and apartment stock near the seafront and a value-tier family market inland. They are not a direct commercial signal, but they underwrite the holiday-let and semi-commercial income the Paignton lending sits against.

Recent commercial planning activity around Paignton (TQ3 / TQ4)

Our live planning feed does not currently hold applications for Paignton's TQ3 or TQ4 postcodes; Torbay Council's pipeline is not yet in our data lake. The figures below draw on the wider Teignbridge tourism and hospitality corridor as an illustrative guide rather than on Paignton-specific consents. As an adjacent-corridor reference, the Premier Inn Beefeater restaurant alterations at Kingsteignton in Teignbridge (Ref 26/00677/FUL, TQ12 3AF) show the kind of branded hospitality asset-management deal that funds on a strong covenant, directly relevant to the Paignton seafront leisure market. We have placed guest-house, holiday-let and seafront retail deals across Paignton repeatedly; we cite the live consent illustratively because the dataset does not yet carry a TQ3 / TQ4 application. Stamp duty applies at the commercial rates on every purchase; refinancing is unaffected.

Active commercial property types in Paignton

Guest houses / B&Bs

Owner-operated guest-house freeholds.

£250K-£800K facility

Holiday lets and parks

Holiday-let units and caravan-park investment.

£300K-£2M

Seafront leisure

Cafes, amusements and seafront F&B.

£250K-£1M

Town-centre retail

Victoria Street and Torquay Road retail investment.

£200K-£800K

Owner-occupier retail

Independent retailers buying their unit.

£200K-£600K

Semi-commercial shop+flat

Resort-town shop with flat above.

£200K-£550K

Commercial mortgage products active in Paignton

Guest houses route through trading-business mortgage on EBITDA. Holiday-let stock via the holiday-let portfolio product. Retail investment via commercial investment mortgage. Shop-with-flat archetypes via semi-commercial mortgage. Refinancing recovered trading is active in 2026.

Owner-occupier

Businesses buying their trading premises, EBITDA cover at 1.3-1.5x, LTV to 75% on bricks.

Commercial investment

Let assets, ICR at 140-160% stressed, LTV typically 65-75%.

Semi-commercial

Shop+flat archetypes, blended ICR ~145%, LTVs to 75% via specialists.

Bridge-to-let

Vacant or value-add acquisitions with refurb / re-let exit onto term mortgage.

Refinancing

Maturing facilities, equity release on stabilised commercial assets, rate-driven switches.

Lender appetite for Paignton guest houses, holiday lets and retail

Tourism-weighted, with a value-tier slant relative to Torquay. Trading guest houses route through Cynergy Bank, Allica and specialist leisure desks at 7.0-9.0% pa on EBITDA. Holiday lets and caravan parks via InterBay Commercial, Shawbrook and specialist holiday-let lenders at 6.5-8.5% pa. Retail and semi-commercial competes across Santander, NatWest and the challenger desks, with Together and LendInvest on value-end stock. Commercial mortgages are unregulated and fall outside the FCA's regulated mortgage perimeter. We do not hold FCA authorisation because the products we arrange are unregulated.

Property types we finance in Paignton

Asset classes most active in Paignton, each linked to the dedicated finance structure, lender appetite and typical terms for that property type.

Paignton sold-price data

Live HM Land Registry transaction data for the Paignton local authority area. Use this as market evidence when appraising your scheme or testing GDV assumptions.

Median price

£248K

-6.2% YoY

Transactions (12m)

638

Completed sales

New-build share

2.0%

13 new-build sales

New-build premium

+37.7%

vs existing stock

Median price by property type

Detached

£370K

Semi-detached

£260K

Terraced

£210K

Flat / Apartment

£139K

Recent transactions

DatePostcodeAddressTypePrice
27 Mar 2026TQ4 7LX2, ASHBURN WALKFlat / Apartment£278K
23 Mar 2026TQ4 6EX17, HILL PARK TERRACETerraced£192K
20 Mar 2026TQ4 7EQ77, HARBOURNE AVENUESemi-detached£275K
20 Mar 2026TQ3 1EB46, ALL HALLOWS ROADSemi-detached£290K
20 Mar 2026TQ4 6LB24, TOR CLOSEDetached£378K
20 Mar 2026TQ3 3AR2, BRENT ROADTerraced£160K
18 Mar 2026TQ4 7TD65, STURCOMBE AVENUETerraced£157K
16 Mar 2026TQ4 7RN205, ROSELANDS DRIVESemi-detached£260K

Source: HM Land Registry Price Paid Data, Torbay LPA. Updated 20 May 2026.

Paignton commercial mortgage FAQs

Yes. Owner-operated guest houses fund through trading-business mortgage at 60-70% LTV and 7.0-9.0% pa on EBITDA and occupancy. Cynergy Bank and Allica are most active. A clean trading record over two to three seasons strengthens the rate.
Holiday-park and caravan-site investment routes through specialist holiday-let and leisure lending. Lenders stress seasonal income and pitch licences. Typical 60-70% LTV at 6.5-8.5% pa. We assess the licence terms and the trading accounts before shortlisting.
Our live planning feed does not yet hold Torbay TQ3 / TQ4 applications. We cite an adjacent Teignbridge hospitality consent (Premier Inn Beefeater, Kingsteignton, Ref 26/00677/FUL) illustratively. We do not invent reference numbers; we work the live Paignton deal flow directly.
Owner-occupier retail prices 6.5-8.5% pa at 70-75% LTV for strong covenants. Investment on the secondary parades sits at the wider end. Stamp duty applies at the commercial or mixed-use rates on every freehold purchase.

Buying or refinancing in Paignton?

Free-of-charge deal assessment. Indicative commercial mortgage terms within 48 hours.