‘Location, Location, Location’
The location of a business is crucial. One of the earliest decisions any entrepreneur has to make is where to locate the business. ‘Am I near my main customer base?’, ‘Are there good transport links close by?’, ‘Will people be able to find me and are they the people who would use my service?’ With all these questions floating around and each one affecting whether a location is right, they all need to be considered and assessed carefully in order to find that ideal spot.
If you want to build your commercial property yourself, you have another question to ask; do the plans fit with the locality? Tesco’s recent application for a 70,000 sq ft store in St Albans, Hertfordshire was strongly opposed by the city’s residents. According to one article, although two letters were received to support the plans, the council said that it had received a petition by the St Albans Civic Society with 5,000 signatures against the plans, which raised the issues that the scheme was “out of scale, out of character, showed a lack of respect for the conservation area and would have a negative impact on the St Albans city brand” (Read the full article by Deirdre Hipwell and Christine Eade here).
As this shows it is vital to find the right location for your business which satisfies all these questions. This is essential in helping you find your place in the market and successfully attracting the right customer base around you.
Commercial property websites list thousands of industrial units, office spaces and retail premises located all over the country which are available for sale or lease. For example, NovaLoca currently lists 20,000 properties across England, Northern Ireland, Scotland and Wales and with the simple search tool it helps businesses find property in the right location. To find out how NovaLoca could help you find your commercial property visit NovaLoca.com or call the customer services team on 01767 313380
