Best areas to open pharmacy in East Midlands
14 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 pharmacy in East Midlands?
In East Midlands, the best area to open a pharmacy is Newark and Sherwood, with a Gera Business Location Score of 66.3/100: premises at £256/m²/yr and local median pay £26,911. Amber Valley ranks lowest of 14 East Midlands authorities at 55.4/100. From 2025 UK government open data; re-dated annually.
Gera Business Location Score
Top East Midlands area for pharmacy: Newark and Sherwood.
How this is calculatedEast Midlands ranked for pharmacy
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | Newark and Sherwood | 66.3/100 | £256 | £26,911 | £11,059 |
| 2 | Chesterfield | 65/100 | £262 | £30,962 | £11,318 |
| 3 | Derby | 61.7/100 | £209 | £35,179 | £9,029 |
| 4 | Ashfield | 61.6/100 | £190 | £29,136 | £8,208 |
| 5 | North Northamptonshire | 61.3/100 | £203 | £31,027 | £8,770 |
| 6 | Nottingham | 60.7/100 | £302 | £29,144 | £13,046 |
| 7 | Bolsover | 60.3/100 | £172 | £30,441 | £7,430 |
| 8 | West Northamptonshire | 59.3/100 | £238 | £33,147 | £10,282 |
| 9 | North West Leicestershire | 59.3/100 | £197 | £30,034 | £8,510 |
| 10 | South Derbyshire | 58.6/100 | £172 | £32,938 | £7,430 |
| 11 | Leicester | 57.5/100 | £329 | £29,411 | £14,213 |
| 12 | North East Derbyshire | 56.8/100 | £251 | £29,544 | £10,843 |
| 13 | Charnwood | 56.5/100 | £266 | £32,435 | £11,491 |
| 14 | Amber Valley | 55.4/100 | £275 | £31,100 | £11,880 |
Frequently asked questions
- What is the cheapest area for pharmacy premises in East Midlands?
- The lowest VOA rateable value for this property type in East Midlands is £172/m²/yr in Bolsover. On the combined Gera Business Location Score, which also weighs wages and demand, Newark and Sherwood ranks #1.
- How much are business rates for pharmacy in Newark and Sherwood?
- For a 100 m² unit in Newark and Sherwood, business rates are roughly £11,059/yr at the 2026-27 small-business multiplier (43.2p), on top of about £25,600/yr rent — before Small Business Rate Relief.
Opening a pharmacy 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).