旁边 + 有 + Object
旁边 (pángbiān) as a noun means 'the side' or 'a nearby place.' When used at the beginning of a sentence without a preceding noun, it functions as a location noun meaning 'nearby' or 'at the side.' For example, 旁边有一堆树叶 means 'nearby there was a pile of leaves.'
旁边有一家新开的饭馆,我们去试试吧。
Pángbiān yǒu yī jiā xīn kāi de fànguǎn, wǒmen qù shìshi ba.
There is a newly opened restaurant nearby; let's go try it.
她坐在我旁边,小声地跟我说话。
Tā zuò zài wǒ pángbiān, xiǎoshēng de gēn wǒ shuōhuà.
She sat next to me and spoke to me in a low voice.
学校旁边就是一个很大的公园。
Xuéxiào pángbiān jiù shì yī gè hěn dà de gōngyuán.
Right next to the school is a very large park.