Finding commercial property anywhere in the country can be difficult, regardless of whether you know what to look for or not. If this is your first foray into the world of the commercial properties market, then you’re going to need a lot of guidance. Even if it isn’t you might need to clarify exactly what it is you’re looking for before you start searching so you can carry out the most efficient search possible. |
Whether you’re looking for commercial property Norwich, or something in the country side, you’re going to need to make a list of all your requirements from size to type, and perhaps most importantly, come up with a rent budget you can stick to. There’s no point renting a massive building which you simply don’t need, however if you choose somewhere too small you’ll find yourselves having to relocate every few months as the business grows. It’s all about the right balance between wriggle room and too much space.
How much space will you need?
When you’re looking for commercial property, Norwich has more than its fair share available. There’s all sorts of different styles, suiting a huge range of budgets, and size requirements. But how do you find out how much space you need now, and for the next year or so? Every desk will need around 11 square foot of space, as a general rule. If you need especially large desks because you’re a design studio, for example, make sure you keep this in mind. The 11 square feet gives room for walking between work stations, and means that your staff won’t be boxed in. If you’re running a call centre you can often get away with a much smaller space. Renting or buying?
With the current high prices of real estate, buying is out of the question for many business. However, for some it can actually end up being a cheaper option. Have a look and see what’s out there, and calculator mortgage repayments versus the rent payments of a similar sized space. If you buy a commercial property Norwich outright then you will potentially have to wait slightly longer until you can use the space, but you could also sublet some unused rooms until your business is big enough to need them.
This is absolutely key. Does your building have parking, or will your staff need to rely on public transport? Is there spaces for visitors? Norwich has some excellent transport links both to the city and once you’re there, so if you’re looking for commercial property Norwich could be a perfect fit.
Joseph works for Oaktree Partnership, a commercial lettings agency in Norfolk. While he isn't working he enjoys blogging and writing articles on tips about choosing the perfect commercial property Norwich for your needs.
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