When seeking a new location for a business in Virginia Beach, Virginia, there are many things to consider while looking at the available options. Finding something affordable is one of the first things that people use to narrow down the choices, but it is not the only factor that impacts choice. Location, size, zoning, existing amenities and what other businesses are in the neighborhood should also affect the decision of which Virginia Beach commercial real estate property to choose.
Location One of the most critical elements to finding new Virginia Beach office space is location. The company’s proximity to its potential client base will likely make the difference between a struggling company and a successful business. Proximity to the Virginia Beach Oceanfront may be imperative to a company targeting visitors and vacationers. One geared towards professional locals may want to avoid that area and focus more on a downtown location near the Pembroke section of the city. Those seeking a central location to the entire Hampton Roads area should consider something closer to the interstate, or Chesapeake and Norfolk borders.
Zoning Depending on the type of business involved, zoning is a critical factor for Virginia Beach businesses. The use of the property must match its current zoning designation or the entrepreneur must petition the City’s zoning board to have it changed. The zoning restricts what the property can be used for, whether it is residential, commercial, industrial, agricultural or any number of sub-categories. It is easier to use a property for its current planned use than it is to get it officially changed. Not only is it less expensive, but dealing with zoning board hearings and decisions can be a lengthy ordeal that may not turn out in the petitioner’s favor.
Amenities Ideally, a new commercial space is already set up to handle all of the needs for the incoming business. In reality, however, the extra things that make the business efficient and functional will likely need to be built or added on to the existing space. This includes features such as a kitchen, special lighting, advanced electrical circuitry, a separate reception area or security considerations. The fewer changes that need to be made to the Virginia Beach commercial property, the less expensive, more convenient and faster it will be to move in to the space. Some changes or additions may also need building permits for special construction.
Neighbors Businesses moving in to new space may be influenced by the existing companies in the area. Having neighbors that do not have similar niches is one factor to consider. There is seldom need to create instant competition by changing or adding a location. For example, a personal injury law firm may not wish to move into the same building as another personal injury lawyer. It is also important to check out the area during regular hours of operation and after-hours. The clientele of the existing neighbors may be detrimental to the safety and happiness of the potential buyer and/or its clients.
Size When looking for a new business location, be sure to overestimate the amount of space needed. Include storage areas, room for additional employees or product space down the road. This will prevent the need to change locations again in the near future. Consider addition or removal of walls and how the new space should be different from the present set-up.