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Best areas to open retail warehouse in South West

21 South West local authorities ranked by the Gera Business Location Score — real rent, wages, rates and market density.

Where is the best place to open a retail warehouse / foodstore in South West?

In South West, the best area to open a retail warehouse / foodstore is Cotswold, with a Gera Business Location Score of 78.9/100: premises at £103/m²/yr and local median pay £29,655. South Gloucestershire ranks lowest of 21 South West authorities at 48.7/100. 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 South West area for retail warehouse: Cotswold.

How this is calculated
78.9 / 100

South West ranked for retail warehouse

Gera Business Location Score — Retail warehouse, South West (2025 data)
#Local authorityGBLSRent (£/m²/yr)Local payRates / 100 m²
1Cotswold78.9/100£103£29,655£4,450
2North Devon73.7/100£96£27,526£4,147
3Cornwall70.7/100£109£27,006£4,709
4East Devon67.9/100£94£31,874£4,061
5Stroud67.8/100£69£32,495£2,981
6Teignbridge67.4/100£89£28,636£3,845
7Somerset67/100£99£29,152£4,277
8Mid Devon65.7/100£89£29,224£3,845
9Dorset65.5/100£144£29,292£6,221
10Gloucester63.6/100£93£30,796£4,018
11Torbay62.6/100£142£28,066£6,134
12Exeter62.5/100£117£30,138£5,054
13North Somerset62.4/100£122£28,749£5,270
14Plymouth61.3/100£100£30,346£4,320
15Wiltshire60.8/100£129£30,000£5,573
16Bournemouth, Christchurch and Poole60.6/100£139£31,121£6,005
17Cheltenham57.1/100£166£35,202£7,171
18Bristol, City of55.9/100£118£36,652£5,098
19Bath and North East Somerset55.8/100£168£32,004£7,258
20Swindon52/100£157£32,933£6,782
21South Gloucestershire48.7/100£165£36,920£7,128

Frequently asked questions

What is the cheapest area for retail warehouse premises in South West?
The lowest VOA rateable value for this property type in South West is £69/m²/yr in Stroud. On the combined Gera Business Location Score, which also weighs wages and demand, Cotswold ranks #1.
How much are business rates for retail warehouse in Cotswold?
For a 100 m² unit in Cotswold, business rates are roughly £4,450/yr at the 2026-27 small-business multiplier (43.2p), on top of about £10,300/yr rent — before Small Business Rate Relief.

Opening a retail warehouse / foodstore in South West?

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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).