Best areas to open workshop / warehouse in London
33 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 workshop or small warehouse in London?
In London, the best area to open a workshop or small warehouse is City of London, with a Gera Business Location Score of 72.1/100: premises at £38/m²/yr and local median pay £67,064. Westminster ranks lowest of 33 London authorities at 13.2/100. From 2025 UK government open data; re-dated annually.
Gera Business Location Score
Top London area for workshop / warehouse: City of London.
How this is calculatedLondon ranked for workshop / warehouse
| # | Local authority | GBLS | Rent (£/m²/yr) | Local pay | Rates / 100 m² |
|---|---|---|---|---|---|
| 1 | City of London | 72.1/100 | £38 | £67,064 | £1,642 |
| 2 | Redbridge | 54.9/100 | £78 | £28,125 | £3,370 |
| 3 | Bexley | 54.5/100 | £83 | £27,441 | £3,586 |
| 4 | Barking and Dagenham | 54.2/100 | £71 | £32,433 | £3,067 |
| 5 | Enfield | 53.4/100 | £79 | £31,252 | £3,413 |
| 6 | Havering | 53/100 | £79 | £31,874 | £3,413 |
| 7 | Greenwich | 51.3/100 | £89 | £30,787 | £3,845 |
| 8 | Haringey | 51.2/100 | £100 | £27,716 | £4,320 |
| 9 | Waltham Forest | 51.1/100 | £97 | £28,880 | £4,190 |
| 10 | Barnet | 50.2/100 | £96 | £30,926 | £4,147 |
| 11 | Ealing | 50.1/100 | £90 | £33,592 | £3,888 |
| 12 | Bromley | 49.8/100 | £91 | £33,520 | £3,931 |
| 13 | Harrow | 49.8/100 | £93 | £32,208 | £4,018 |
| 14 | Brent | 49.4/100 | £96 | £32,335 | £4,147 |
| 15 | Merton | 49.3/100 | £95 | £32,983 | £4,104 |
| 16 | Croydon | 47.2/100 | £99 | £34,987 | £4,277 |
| 17 | Lewisham | 45.7/100 | £106 | £34,965 | £4,579 |
| 18 | Sutton | 45.4/100 | £109 | £35,113 | £4,709 |
| 19 | Hillingdon | 45/100 | £105 | £37,941 | £4,536 |
| 20 | Hounslow | 45/100 | £102 | £38,422 | £4,406 |
| 21 | Newham | 44.5/100 | £102 | £39,117 | £4,406 |
| 22 | Richmond upon Thames | 43.7/100 | £118 | £35,263 | £5,098 |
| 23 | Kingston upon Thames | 43.5/100 | £115 | £36,898 | £4,968 |
| 24 | Wandsworth | 40.9/100 | £125 | £37,534 | £5,400 |
| 25 | Islington | 35.5/100 | £127 | £49,624 | £5,486 |
| 26 | Lambeth | 34.9/100 | £144 | £42,039 | £6,221 |
| 27 | Hackney | 33.8/100 | £167 | £37,736 | £7,214 |
| 28 | Hammersmith and Fulham | 32.8/100 | £152 | £44,042 | £6,566 |
| 29 | Southwark | 32.5/100 | £145 | £47,136 | £6,264 |
| 30 | Camden | 32.1/100 | £152 | £48,822 | £6,566 |
| 31 | Kensington and Chelsea | 29.6/100 | £184 | £38,541 | £7,949 |
| 32 | Tower Hamlets | 26.8/100 | £139 | £59,974 | £6,005 |
| 33 | Westminster | 13.2/100 | £258 | £49,973 | £11,146 |
Frequently asked questions
- What is the cheapest area for workshop / warehouse premises in London?
- The lowest VOA rateable value for this property type in London is £38/m²/yr in City of London. On the combined Gera Business Location Score, which also weighs wages and demand, City of London ranks #1.
- How much are business rates for workshop / warehouse in City of London?
- For a 100 m² unit in City of London, business rates are roughly £1,642/yr at the 2026-27 small-business multiplier (43.2p), on top of about £3,800/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).