Best areas to open convenience store in East Midlands
34 East Midlands local authorities ranked by the Gera Business Location Score — real rent, wages, rates and market density.
Where is the best place to open a convenience store in East Midlands?
In East Midlands, the best area to open a convenience store is Oadby and Wigston, with a Gera Business Location Score of 65.8/100: premises at £105/m²/yr and local median pay £23,103. South Derbyshire ranks lowest of 34 East Midlands authorities at 56.7/100. From 2025 UK government open data; re-dated annually.
Gera Business Location Score
Top East Midlands area for convenience store: Oadby and Wigston.
How this is calculatedEast Midlands ranked for convenience store
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | Oadby and Wigston | 65.8/100 | £105 | £23,103 | £4,536 |
| 2 | Leicester | 65.6/100 | £85 | £29,411 | £3,672 |
| 3 | High Peak | 65.2/100 | £88 | £28,463 | £3,802 |
| 4 | East Lindsey | 64.4/100 | £109 | £26,724 | £4,709 |
| 5 | Melton | 64.2/100 | £102 | £26,700 | £4,406 |
| 6 | South Holland | 64.1/100 | £96 | £27,809 | £4,147 |
| 7 | Newark and Sherwood | 64.1/100 | £104 | £26,911 | £4,493 |
| 8 | Mansfield | 64/100 | £100 | £26,761 | £4,320 |
| 9 | Bassetlaw | 63.6/100 | £104 | £26,888 | £4,493 |
| 10 | North East Derbyshire | 62.9/100 | £94 | £29,544 | £4,061 |
| 11 | North Northamptonshire | 62.8/100 | £92 | £31,027 | £3,974 |
| 12 | Derbyshire Dales | 62.8/100 | £116 | £28,874 | £5,011 |
| 13 | Erewash | 62.7/100 | £99 | £29,102 | £4,277 |
| 14 | Harborough | 62.6/100 | £108 | £28,618 | £4,666 |
| 15 | Chesterfield | 62.2/100 | £101 | £30,962 | £4,363 |
| 16 | Bolsover | 62/100 | £98 | £30,441 | £4,234 |
| 17 | Gedling | 62/100 | £115 | £26,135 | £4,968 |
| 18 | Boston | 61.6/100 | £121 | £26,187 | £5,227 |
| 19 | Rushcliffe | 60.8/100 | £116 | £28,689 | £5,011 |
| 20 | North West Leicestershire | 60.6/100 | £110 | £30,034 | £4,752 |
| 21 | West Lindsey | 60.4/100 | £111 | £30,000 | £4,795 |
| 22 | Lincoln | 59.7/100 | £125 | £29,482 | £5,400 |
| 23 | Nottingham | 59.6/100 | £122 | £29,144 | £5,270 |
| 24 | West Northamptonshire | 59.6/100 | £106 | £33,147 | £4,579 |
| 25 | Amber Valley | 59.6/100 | £115 | £31,100 | £4,968 |
| 26 | South Kesteven | 59.6/100 | £129 | £28,724 | £5,573 |
| 27 | Broxtowe | 59.5/100 | £129 | £27,113 | £5,573 |
| 28 | North Kesteven | 59.3/100 | £118 | £29,941 | £5,098 |
| 29 | Derby | 59.2/100 | £104 | £35,179 | £4,493 |
| 30 | Blaby | 59.2/100 | £109 | £33,327 | £4,709 |
| 31 | Ashfield | 58.9/100 | £125 | £29,136 | £5,400 |
| 32 | Charnwood | 58.4/100 | £119 | £32,435 | £5,141 |
| 33 | Hinckley and Bosworth | 57/100 | £122 | £34,606 | £5,270 |
| 34 | South Derbyshire | 56.7/100 | £123 | £32,938 | £5,314 |
Frequently asked questions
- What is the cheapest area for convenience store premises in East Midlands?
- The lowest VOA rateable value for this property type in East Midlands is £85/m²/yr in Leicester. On the combined Gera Business Location Score, which also weighs wages and demand, Oadby and Wigston ranks #1.
- How much are business rates for convenience store in Oadby and Wigston?
- For a 100 m² unit in Oadby and Wigston, business rates are roughly £4,536/yr at the 2026-27 small-business multiplier (43.2p), on top of about £10,500/yr rent — before Small Business Rate Relief.
Opening a convenience store in East Midlands?
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Contains public sector information published by Valuation Office Agency and Office for National Statistics and licensed under the Open Government Licence v3.0. Source: VOA Business Floorspace + ONS Business Counts + ONS ASHE (work geography) + ONS population estimates (2025 (VOA 31 March 2025; ASHE 2025 provisional; Business Counts 2025; population mid-2024), published December 2025).