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Best areas to open retail shop in West Midlands

30 West 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 independent retail shop in West Midlands?

In West Midlands, the best area to open an independent retail shop is Staffordshire Moorlands, with a Gera Business Location Score of 64.8/100: premises at £78/m²/yr and local median pay £26,204. Stratford-on-Avon ranks lowest of 30 West Midlands authorities at 53.2/100. 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 West Midlands area for retail shop: Staffordshire Moorlands.

How this is calculated
64.8 / 100

West Midlands ranked for retail shop

Gera Business Location Score — Retail shop, West Midlands (2025 data)
#Local authorityGBLSRent (£/m²/yr)Local payRates / 100 m²
1Staffordshire Moorlands64.8/100£78£26,204£3,370
2Wyre Forest64.6/100£80£27,346£3,456
3Herefordshire, County of64.5/100£92£28,366£3,974
4Malvern Hills64.4/100£86£27,744£3,715
5Newcastle-under-Lyme64.1/100£82£27,238£3,542
6Sandwell63.9/100£80£28,766£3,456
7Bromsgrove63.7/100£91£27,494£3,931
8Cannock Chase63.6/100£82£29,719£3,542
9Walsall63.4/100£87£28,691£3,758
10Stoke-on-Trent63.1/100£74£30,767£3,197
11Stafford62.7/100£107£28,523£4,622
12Shropshire62.5/100£115£28,397£4,968
13Dudley62/100£110£29,071£4,752
14South Staffordshire61.8/100£109£28,259£4,709
15Worcester61.8/100£105£30,003£4,536
16Wolverhampton61.6/100£94£32,053£4,061
17East Staffordshire61.5/100£100£31,048£4,320
18Nuneaton and Bedworth61.5/100£91£31,319£3,931
19Wychavon61.4/100£100£32,022£4,320
20Lichfield61.1/100£126£28,845£5,443
21Tamworth61.1/100£129£28,143£5,573
22North Warwickshire60/100£89£34,564£3,845
23Redditch59.4/100£136£30,780£5,875
24Rugby58.8/100£94£36,417£4,061
25Telford and Wrekin58.5/100£153£30,601£6,610
26Birmingham58.5/100£140£33,374£6,048
27Warwick58/100£143£33,616£6,178
28Coventry57.9/100£122£35,124£5,270
29Solihull56.1/100£157£35,794£6,782
30Stratford-on-Avon53.2/100£150£42,929£6,480

Frequently asked questions

What is the cheapest area for retail shop premises in West Midlands?
The lowest VOA rateable value for this property type in West Midlands is £74/m²/yr in Stoke-on-Trent. On the combined Gera Business Location Score, which also weighs wages and demand, Staffordshire Moorlands ranks #1.
How much are business rates for retail shop in Staffordshire Moorlands?
For a 100 m² unit in Staffordshire Moorlands, business rates are roughly £3,370/yr at the 2026-27 small-business multiplier (43.2p), on top of about £7,800/yr rent — before Small Business Rate Relief.

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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).