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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.

Source:VOA Business Floorspace + ONS Business Counts + ONS ASHE (work geography) + ONS population estimates·As of 2025 (VOA 31 March 2025; ASHE 2025 provisional; Business Counts 2025; population mid-2024) · updated annual · last refreshed

Gera Business Location Score

Top East Midlands area for office-based business: Oadby and Wigston.

How this is calculated
65.1 / 100

East Midlands ranked for office-based business

Gera Business Location Score — Office-based business, East Midlands (2025 data)
#Local authorityGBLSRent (£/m²/yr)Local payRates / 100 m²
1Oadby and Wigston65.1/100£82£23,103£3,542
2East Lindsey64.8/100£62£26,724£2,678
3Bassetlaw64.5/100£65£26,888£2,808
4Melton64.3/100£71£26,700£3,067
5Boston64.2/100£71£26,187£3,067
6Mansfield64.2/100£68£26,761£2,938
7Derbyshire Dales64.1/100£62£28,874£2,678
8South Holland64/100£64£27,809£2,765
9Gedling64/100£75£26,135£3,240
10Newark and Sherwood63.8/100£75£26,911£3,240
11High Peak63.4/100£70£28,463£3,024
12Erewash63.1/100£68£29,102£2,938
13West Lindsey62.8/100£67£30,000£2,894
14North East Derbyshire62.6/100£72£29,544£3,110
15South Kesteven62.5/100£81£28,724£3,499
16Amber Valley62.2/100£67£31,100£2,894
17Bolsover62.2/100£69£30,441£2,981
18Broxtowe62.2/100£93£27,113£4,018
19North Kesteven62.1/100£75£29,941£3,240
20Leicester61.8/100£82£29,411£3,542
21Lincoln61.7/100£83£29,482£3,586
22Ashfield61.5/100£87£29,136£3,758
23North Northamptonshire61.3/100£78£31,027£3,370
24Chesterfield61/100£83£30,962£3,586
25South Derbyshire60.8/100£73£32,938£3,154
26Rushcliffe60.8/100£105£28,689£4,536
27Nottingham60.2/100£105£29,144£4,536
28Harborough60.2/100£112£28,618£4,838
29Charnwood59.6/100£92£32,435£3,974
30North West Leicestershire59.4/100£110£30,034£4,752
31Rutland59/100£91£34,355£3,931
32West Northamptonshire59/100£96£33,147£4,147
33Hinckley and Bosworth58.9/100£87£34,606£3,758
34Derby58.3/100£89£35,179£3,845
35Blaby58/100£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).