Best areas to open office-based business in East Midlands
35 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 an office-based business in East Midlands?
In East Midlands, the best area to open an office-based business is Oadby and Wigston, with a Gera Business Location Score of 65.1/100: premises at £82/m²/yr and local median pay £23,103. Blaby ranks lowest of 35 East Midlands authorities at 58/100. From 2025 UK government open data; re-dated annually.
Gera Business Location Score
Top East Midlands area for office-based business: Oadby and Wigston.
How this is calculatedEast Midlands ranked for office-based business
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | Oadby and Wigston | 65.1/100 | £82 | £23,103 | £3,542 |
| 2 | East Lindsey | 64.8/100 | £62 | £26,724 | £2,678 |
| 3 | Bassetlaw | 64.5/100 | £65 | £26,888 | £2,808 |
| 4 | Melton | 64.3/100 | £71 | £26,700 | £3,067 |
| 5 | Boston | 64.2/100 | £71 | £26,187 | £3,067 |
| 6 | Mansfield | 64.2/100 | £68 | £26,761 | £2,938 |
| 7 | Derbyshire Dales | 64.1/100 | £62 | £28,874 | £2,678 |
| 8 | South Holland | 64/100 | £64 | £27,809 | £2,765 |
| 9 | Gedling | 64/100 | £75 | £26,135 | £3,240 |
| 10 | Newark and Sherwood | 63.8/100 | £75 | £26,911 | £3,240 |
| 11 | High Peak | 63.4/100 | £70 | £28,463 | £3,024 |
| 12 | Erewash | 63.1/100 | £68 | £29,102 | £2,938 |
| 13 | West Lindsey | 62.8/100 | £67 | £30,000 | £2,894 |
| 14 | North East Derbyshire | 62.6/100 | £72 | £29,544 | £3,110 |
| 15 | South Kesteven | 62.5/100 | £81 | £28,724 | £3,499 |
| 16 | Amber Valley | 62.2/100 | £67 | £31,100 | £2,894 |
| 17 | Bolsover | 62.2/100 | £69 | £30,441 | £2,981 |
| 18 | Broxtowe | 62.2/100 | £93 | £27,113 | £4,018 |
| 19 | North Kesteven | 62.1/100 | £75 | £29,941 | £3,240 |
| 20 | Leicester | 61.8/100 | £82 | £29,411 | £3,542 |
| 21 | Lincoln | 61.7/100 | £83 | £29,482 | £3,586 |
| 22 | Ashfield | 61.5/100 | £87 | £29,136 | £3,758 |
| 23 | North Northamptonshire | 61.3/100 | £78 | £31,027 | £3,370 |
| 24 | Chesterfield | 61/100 | £83 | £30,962 | £3,586 |
| 25 | South Derbyshire | 60.8/100 | £73 | £32,938 | £3,154 |
| 26 | Rushcliffe | 60.8/100 | £105 | £28,689 | £4,536 |
| 27 | Nottingham | 60.2/100 | £105 | £29,144 | £4,536 |
| 28 | Harborough | 60.2/100 | £112 | £28,618 | £4,838 |
| 29 | Charnwood | 59.6/100 | £92 | £32,435 | £3,974 |
| 30 | North West Leicestershire | 59.4/100 | £110 | £30,034 | £4,752 |
| 31 | Rutland | 59/100 | £91 | £34,355 | £3,931 |
| 32 | West Northamptonshire | 59/100 | £96 | £33,147 | £4,147 |
| 33 | Hinckley and Bosworth | 58.9/100 | £87 | £34,606 | £3,758 |
| 34 | Derby | 58.3/100 | £89 | £35,179 | £3,845 |
| 35 | Blaby | 58/100 | £107 | £33,327 | £4,622 |
Frequently asked questions
- What is the cheapest area for office-based business premises in East Midlands?
- The lowest VOA rateable value for this property type in East Midlands is £62/m²/yr in East Lindsey. On the combined Gera Business Location Score, which also weighs wages and demand, Oadby and Wigston ranks #1.
- How much are business rates for office-based business in Oadby and Wigston?
- For a 100 m² unit in Oadby and Wigston, business rates are roughly £3,542/yr at the 2026-27 small-business multiplier (43.2p), on top of about £8,200/yr rent — before Small Business Rate Relief.
Opening an office-based business 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).