Best areas to open storage depot in South West
14 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 storage depot in South West?
In South West, the best area to open a storage depot is North Somerset, with a Gera Business Location Score of 68.6/100: premises at £9/m²/yr and local median pay £28,749. South Gloucestershire ranks lowest of 14 South West authorities at 30.4/100. From 2025 UK government open data; re-dated annually.
Gera Business Location Score
Top South West area for storage depot: North Somerset.
How this is calculatedSouth West ranked for storage depot
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | North Somerset | 68.6/100 | £9 | £28,749 | £389 |
| 2 | Cornwall | 59.6/100 | £23 | £27,006 | £994 |
| 3 | Bristol, City of | 55/100 | £10 | £36,652 | £432 |
| 4 | Torridge | 53.2/100 | £33 | £26,745 | £1,426 |
| 5 | Torbay | 50.7/100 | £35 | £28,066 | £1,512 |
| 6 | Dorset | 49/100 | £36 | £29,292 | £1,555 |
| 7 | Mid Devon | 48.5/100 | £43 | £29,224 | £1,858 |
| 8 | Wiltshire | 47/100 | £38 | £30,000 | £1,642 |
| 9 | Somerset | 46.6/100 | £43 | £29,152 | £1,858 |
| 10 | East Devon | 45.3/100 | £45 | £31,874 | £1,944 |
| 11 | North Devon | 45.3/100 | £44 | £27,526 | £1,901 |
| 12 | Bournemouth, Christchurch and Poole | 37.9/100 | £57 | £31,121 | £2,462 |
| 13 | Teignbridge | 32.9/100 | £73 | £28,636 | £3,154 |
| 14 | South Gloucestershire | 30.4/100 | £65 | £36,920 | £2,808 |
Frequently asked questions
- What is the cheapest area for storage depot premises in South West?
- The lowest VOA rateable value for this property type in South West is £9/m²/yr in North Somerset. On the combined Gera Business Location Score, which also weighs wages and demand, North Somerset ranks #1.
- How much are business rates for storage depot in North Somerset?
- For a 100 m² unit in North Somerset, business rates are roughly £389/yr at the 2026-27 small-business multiplier (43.2p), on top of about £900/yr rent — before Small Business Rate Relief.
Opening a storage depot 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).