Best areas to open storage / store unit in East Midlands
35 East Midlands 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 or trade store unit in East Midlands?
In East Midlands, the best area to open a storage or trade store unit is Melton, with a Gera Business Location Score of 65.3/100: premises at £24/m²/yr and local median pay £26,700. Rutland ranks lowest of 35 East Midlands authorities at 53.3/100. From 2025 UK government open data; re-dated annually.
Gera Business Location Score
Top East Midlands area for storage / store unit: Melton.
How this is calculatedEast Midlands ranked for storage / store unit
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | Melton | 65.3/100 | £24 | £26,700 | £1,037 |
| 2 | West Lindsey | 65.1/100 | £18 | £30,000 | £778 |
| 3 | Boston | 64.5/100 | £28 | £26,187 | £1,210 |
| 4 | East Lindsey | 64.5/100 | £26 | £26,724 | £1,123 |
| 5 | North Kesteven | 63.7/100 | £22 | £29,941 | £950 |
| 6 | South Holland | 63.3/100 | £29 | £27,809 | £1,253 |
| 7 | Oadby and Wigston | 62/100 | £42 | £23,103 | £1,814 |
| 8 | Bassetlaw | 62/100 | £34 | £26,888 | £1,469 |
| 9 | Nottingham | 61.9/100 | £29 | £29,144 | £1,253 |
| 10 | Newark and Sherwood | 61.7/100 | £35 | £26,911 | £1,512 |
| 11 | Erewash | 61.6/100 | £31 | £29,102 | £1,339 |
| 12 | Mansfield | 61.2/100 | £36 | £26,761 | £1,555 |
| 13 | Leicester | 60.6/100 | £35 | £29,411 | £1,512 |
| 14 | High Peak | 60.5/100 | £36 | £28,463 | £1,555 |
| 15 | Broxtowe | 60.5/100 | £37 | £27,113 | £1,598 |
| 16 | South Kesteven | 60.2/100 | £38 | £28,724 | £1,642 |
| 17 | Harborough | 60.1/100 | £40 | £28,618 | £1,728 |
| 18 | Chesterfield | 59.6/100 | £36 | £30,962 | £1,555 |
| 19 | Lincoln | 59.6/100 | £35 | £29,482 | £1,512 |
| 20 | Derbyshire Dales | 59.3/100 | £42 | £28,874 | £1,814 |
| 21 | Amber Valley | 59.2/100 | £35 | £31,100 | £1,512 |
| 22 | North East Derbyshire | 59.2/100 | £38 | £29,544 | £1,642 |
| 23 | Bolsover | 59/100 | £36 | £30,441 | £1,555 |
| 24 | Ashfield | 58.5/100 | £40 | £29,136 | £1,728 |
| 25 | Gedling | 58/100 | £47 | £26,135 | £2,030 |
| 26 | South Derbyshire | 57.3/100 | £38 | £32,938 | £1,642 |
| 27 | North Northamptonshire | 57.2/100 | £43 | £31,027 | £1,858 |
| 28 | West Northamptonshire | 57.1/100 | £40 | £33,147 | £1,728 |
| 29 | Blaby | 56.2/100 | £43 | £33,327 | £1,858 |
| 30 | Charnwood | 56.2/100 | £44 | £32,435 | £1,901 |
| 31 | North West Leicestershire | 56/100 | £50 | £30,034 | £2,160 |
| 32 | Rushcliffe | 55.6/100 | £51 | £28,689 | £2,203 |
| 33 | Derby | 54.8/100 | £42 | £35,179 | £1,814 |
| 34 | Hinckley and Bosworth | 54/100 | £48 | £34,606 | £2,074 |
| 35 | Rutland | 53.3/100 | £51 | £34,355 | £2,203 |
Frequently asked questions
- What is the cheapest area for storage / store unit premises in East Midlands?
- The lowest VOA rateable value for this property type in East Midlands is £18/m²/yr in West Lindsey. On the combined Gera Business Location Score, which also weighs wages and demand, Melton ranks #1.
- How much are business rates for storage / store unit in Melton?
- For a 100 m² unit in Melton, business rates are roughly £1,037/yr at the 2026-27 small-business multiplier (43.2p), on top of about £2,400/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).