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Best areas to open restaurant in Wales

22 Wales local authorities ranked by the Gera Business Location Score — real rent, wages, rates and market density.

Where is the best place to open a restaurant in Wales?

In Wales, the best area to open a restaurant is Gwynedd, with a Gera Business Location Score of 67.6/100: premises at £68/m²/yr and local median pay £25,217. Cardiff / Caerdydd ranks lowest of 22 Wales authorities at 51.4/100. 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 Wales area for restaurant: Gwynedd.

How this is calculated
67.6 / 100

Wales ranked for restaurant

Gera Business Location Score — Restaurant, Wales (2025 data)
#Local authorityGBLSRent (£/m²/yr)Local payRates / 100 m²
1Gwynedd67.6/100£68£25,217£2,938
2Blaenau Gwent66.4/100£43£26,241£1,858
3Powys65.9/100£68£26,839£2,938
4Conwy65.1/100£83£26,961£3,586
5Denbighshire / Sir Ddinbych65/100£68£27,011£2,938
6Isle of Anglesey / Ynys Môn64.9/100£69£29,867£2,981
7Pembrokeshire / Sir Benfro64.8/100£91£26,535£3,931
8Merthyr Tydfil / Merthyr Tudful64.2/100£63£27,843£2,722
9Ceredigion63.6/100£89£27,868£3,845
10Caerphilly / Caerffili62.6/100£77£28,187£3,326
11Carmarthenshire / Sir Gaerfyrddin62.2/100£79£29,835£3,413
12Neath Port Talbot / Castell-nedd Port Talbot61.8/100£76£30,055£3,283
13Wrexham / Wrecsam61.3/100£80£30,080£3,456
14Rhondda Cynon Taf61.1/100£93£28,454£4,018
15Bridgend / Pen-y-bont ar Ogwr60.3/100£93£30,377£4,018
16Vale of Glamorgan / Bro Morgannwg59.4/100£118£28,528£5,098
17Monmouthshire / Sir Fynwy59.1/100£100£32,805£4,320
18Swansea / Abertawe58.8/100£108£31,348£4,666
19Newport / Casnewydd57.1/100£118£32,340£5,098
20Torfaen / Tor-faen56/100£135£31,105£5,832
21Flintshire / Sir y Fflint55.5/100£124£34,480£5,357
22Cardiff / Caerdydd51.4/100£179£33,599£7,733

Frequently asked questions

What is the cheapest area for restaurant premises in Wales?
The lowest VOA rateable value for this property type in Wales is £43/m²/yr in Blaenau Gwent. On the combined Gera Business Location Score, which also weighs wages and demand, Gwynedd ranks #1.
How much are business rates for restaurant in Gwynedd?
For a 100 m² unit in Gwynedd, business rates are roughly £2,938/yr at the 2026-27 small-business multiplier (43.2p), on top of about £6,800/yr rent — before Small Business Rate Relief.

Opening a restaurant in Wales?

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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).