Best areas to open storage / store unit in Wales
22 Wales 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 Wales?
In Wales, the best area to open a storage or trade store unit is Gwynedd, with a Gera Business Location Score of 66.6/100: premises at £20/m²/yr and local median pay £25,217. Cardiff / Caerdydd ranks lowest of 22 Wales authorities at 55.9/100. From 2025 UK government open data; re-dated annually.
Wales ranked for storage / store unit
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | Gwynedd | 66.6/100 | £20 | £25,217 | £864 |
| 2 | Powys | 65.1/100 | £26 | £26,839 | £1,123 |
| 3 | Pembrokeshire / Sir Benfro | 64.8/100 | £25 | £26,535 | £1,080 |
| 4 | Vale of Glamorgan / Bro Morgannwg | 64.8/100 | £20 | £28,528 | £864 |
| 5 | Isle of Anglesey / Ynys Môn | 64/100 | £21 | £29,867 | £907 |
| 6 | Carmarthenshire / Sir Gaerfyrddin | 63.6/100 | £23 | £29,835 | £994 |
| 7 | Ceredigion | 63.4/100 | £28 | £27,868 | £1,210 |
| 8 | Denbighshire / Sir Ddinbych | 63.2/100 | £29 | £27,011 | £1,253 |
| 9 | Blaenau Gwent | 62.8/100 | £29 | £26,241 | £1,253 |
| 10 | Wrexham / Wrecsam | 62.7/100 | £25 | £30,080 | £1,080 |
| 11 | Neath Port Talbot / Castell-nedd Port Talbot | 62.5/100 | £24 | £30,055 | £1,037 |
| 12 | Conwy | 62.4/100 | £31 | £26,961 | £1,339 |
| 13 | Torfaen / Tor-faen | 61.7/100 | £31 | £31,105 | £1,339 |
| 14 | Swansea / Abertawe | 61.5/100 | £26 | £31,348 | £1,123 |
| 15 | Caerphilly / Caerffili | 61.2/100 | £32 | £28,187 | £1,382 |
| 16 | Merthyr Tydfil / Merthyr Tudful | 60.1/100 | £36 | £27,843 | £1,555 |
| 17 | Monmouthshire / Sir Fynwy | 59.6/100 | £32 | £32,805 | £1,382 |
| 18 | Rhondda Cynon Taf | 58.5/100 | £40 | £28,454 | £1,728 |
| 19 | Flintshire / Sir y Fflint | 57.6/100 | £35 | £34,480 | £1,512 |
| 20 | Bridgend / Pen-y-bont ar Ogwr | 56.9/100 | £43 | £30,377 | £1,858 |
| 21 | Newport / Casnewydd | 56.5/100 | £41 | £32,340 | £1,771 |
| 22 | Cardiff / Caerdydd | 55.9/100 | £41 | £33,599 | £1,771 |
Frequently asked questions
- What is the cheapest area for storage / store unit premises in Wales?
- The lowest VOA rateable value for this property type in Wales is £20/m²/yr in Gwynedd. On the combined Gera Business Location Score, which also weighs wages and demand, Gwynedd ranks #1.
- How much are business rates for storage / store unit in Gwynedd?
- For a 100 m² unit in Gwynedd, business rates are roughly £864/yr at the 2026-27 small-business multiplier (43.2p), on top of about £2,000/yr rent — before Small Business Rate Relief.
Opening a storage or trade store unit in Wales?
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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).