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Best areas to start a business in London

The top-ranked London local authority for each of 33 business types, by the Gera Business Location Score.

Where are the best areas to start a business in London?

In London, the strongest business-location opportunity by the Gera Business Location Score is a car showroom in Havering (GBLS 72.6/100), with premises at £115/m²/yr. We rank 33 business types across London 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

Top London area by business type

Highest Gera Business Location Score per business type in London (2025 data)
Business typeBest areaGBLSRent (£/m²/yr)Local pay
CafeHavering59.8/100£93£31,874
RestaurantBexley59.1/100£123£27,441
TakeawayBexley61.5/100£141£27,441
Retail shopBexley61.2/100£128£27,441
Convenience storeBarnet59.2/100£130£30,926
Hair & beauty salonBexley55.9/100£140£27,441
Office-based businessBexley61.1/100£105£27,441
Financial / A2 officeBexley57.8/100£149£27,441
Gym / fitness suiteBexley57.6/100£76£27,441
Vehicle repair garageHavering72/100£52£31,874
Workshop / warehouseCity of London72.1/100£38£67,064
Storage / store unitBexley50.9/100£69£27,441
Private clinic / health centreBexley57/100£164£27,441
Car showroomHavering72.6/100£115£31,874
Retail warehouseRedbridge59.3/100£175£28,125
Betting shopBexley56.7/100£139£27,441
Garden centreBarnet59.1/100£14£30,926
Post officeBarnet56.6/100£98£30,926
Drive-thru restaurantBromley52.6/100£307£33,520
Builders merchantBrent61.6/100£72£32,335
Tyre & exhaust centreKingston upon Thames30.4/100£123£36,898
Large food storeRedbridge61.9/100£152£28,125
Trade showroomRedbridge62.5/100£93£28,125
Kennels & catteryBexley53.5/100£27£27,441
Community day centreRedbridge60.3/100£41£28,125
Members / social clubRedbridge63.6/100£38£28,125
Light-industrial business unitBexley64.7/100£105£27,441
Commercial garageHarrow67.1/100£99£32,208
Storage depotHillingdon52.3/100£35£37,941
Large distribution warehouseBarking and Dagenham45.7/100£89£32,433
Superstore / hypermarketHaringey53.5/100£183£27,716
Sports clubhouseRichmond upon Thames55/100£38£35,263
Golf courseBarnet65.7/100£84£30,926

Full rankings by business type

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Frequently asked questions

What is the best business to start in London?
By the Gera Business Location Score, the highest-scoring opportunity in London is a car showroom in Havering at 72.6/100. The score balances premises affordability (VOA rateable value), local wages (ONS ASHE) and market density (ONS Business Counts). Your own budget and trade will shift the ranking — use the finder tool to filter.
How is each area scored?
Each local authority is scored 0–100 per business type: 45% premises affordability, 25% labour cost and 30% market density, all from real UK government open data joined on the ONS local-authority code. Full method on the methodology page.

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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).