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Best areas to open trade showroom in London

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

Where is the best place to open a trade showroom in London?

In London, the best area to open a trade showroom is Redbridge, with a Gera Business Location Score of 62.5/100: premises at £93/m²/yr and local median pay £28,125. Hammersmith and Fulham ranks lowest of 30 London authorities at 29.9/100. 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 London area for trade showroom: Redbridge.

How this is calculated
62.5 / 100

London ranked for trade showroom

Gera Business Location Score — Trade showroom, London (2025 data)
#Local authorityGBLSRent (£/m²/yr)Local payRates / 100 m²
1Redbridge62.5/100£93£28,125£4,018
2Bexley60.3/100£90£27,441£3,888
3Barnet59.6/100£126£30,926£5,443
4Waltham Forest59/100£115£28,880£4,968
5Lewisham57.6/100£70£34,965£3,024
6Ealing57.4/100£116£33,592£5,011
7Enfield57/100£129£31,252£5,573
8Sutton56.9/100£84£35,113£3,629
9Brent56.7/100£129£32,335£5,573
10Havering56.6/100£112£31,874£4,838
11Croydon55.7/100£100£34,987£4,320
12Kingston upon Thames55.2/100£138£36,898£5,962
13Haringey54.5/100£180£27,716£7,776
14Harrow54.5/100£161£32,208£6,955
15Kensington and Chelsea53.9/100£248£38,541£10,714
16Newham53.1/100£126£39,117£5,443
17Hillingdon52.7/100£138£37,941£5,962
18Richmond upon Thames52.5/100£165£35,263£7,128
19Hackney52/100£182£37,736£7,862
20Merton48.5/100£203£32,983£8,770
21Wandsworth48.4/100£165£37,534£7,128
22Bromley48.3/100£192£33,520£8,294
23Hounslow48.3/100£177£38,422£7,646
24Lambeth44.6/100£165£42,039£7,128
25Islington41/100£241£49,624£10,411
26Camden40.7/100£330£48,822£14,256
27Southwark36.5/100£236£47,136£10,195
28Westminster36.1/100£501£49,973£21,643
29Tower Hamlets35/100£173£59,974£7,474
30Hammersmith and Fulham29.9/100£368£44,042£15,898

Frequently asked questions

What is the cheapest area for trade showroom premises in London?
The lowest VOA rateable value for this property type in London is £70/m²/yr in Lewisham. On the combined Gera Business Location Score, which also weighs wages and demand, Redbridge ranks #1.
How much are business rates for trade showroom in Redbridge?
For a 100 m² unit in Redbridge, business rates are roughly £4,018/yr at the 2026-27 small-business multiplier (43.2p), on top of about £9,300/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).