Overview of the Building
Located in a prime area within Giang Vo, Ba Dinh district, The Lancaster Building stands out as a prominent Grade B office option in Hanoi. With its modern architecture and impressive scale, the building not only provides professional workspaces but also enhances the corporate image for its tenants. The Lancaster Building is designed to meet the diverse needs of organizations, from startups to large corporations, offering a dynamic and efficient working environment.
Comprising a total of 27 above-ground floors and 03 basements, the building dedicates floors 01 to 07 exclusively to office spaces, ensuring privacy and specialization for business operations. The combination of a central location, premium amenities, and professional management has made The Lancaster Building an attractive destination for many businesses looking to thrive in the capital city.
Location and Connectivity
The Lancaster Building is situated at 20 Nui Truc Street, Giang Vo Ward, one of the bustling and commercially valuable streets in Ba Dinh district, Hanoi. This location offers significant advantages in terms of transportation connectivity and access to surrounding amenities.
From the building, businesses can easily reach central administrative, commercial, and cultural areas of the city. Ba Dinh district is renowned for the presence of numerous government agencies, embassies, international organizations, and other major office buildings, creating a vibrant business community. Surrounding The Lancaster Building is a network of restaurants, cafes, hotels, shopping centers, and other convenient services, meeting all the needs of employees and partners.
Access to main thoroughfares such as Giang Vo, Kim Ma, and Nguyen Thai Hoc is also very convenient, shortening travel times to neighboring districts and suburban industrial zones. This is a crucial factor that helps businesses optimize operations and expand their business networks.
Technical Specifications and Operational Amenities
The Lancaster Building is equipped with modern facilities and amenities, ensuring an optimal working environment for all businesses:
- Scale: The building stands 27 stories tall with 03 basement levels. Floors 01 to 07 are exclusively dedicated to office spaces, providing specialized and efficient work areas.
- Typical Floor Area: Each office floor offers a spacious area of up to 1500 m², providing flexible space for businesses to customize according to their specific requirements.
- Working Hours: Standard working hours are from Monday to Friday (08:00 – 18:00) and Saturday (08:00 – 12:00), aligning with the schedules of most companies.
- Air Conditioning System: The building utilizes a central air conditioning system from Daikin, ensuring fresh air and stable temperatures for maximum comfort for occupants.
- Backup Power System: A modern backup generator system provides 100% power capacity, ensuring continuous business operations even in the event of a power outage.
- Elevator System: The office block is served by 02 high-speed Otis elevators, facilitating quick and convenient movement between floors.
- Parking: The building offers 03 spacious basement levels along with surrounding parking areas, fully meeting the parking needs of employees and visitors.
Leasing Costs and Commercial Terms
The Lancaster Building offers competitive leasing conditions, consistent with the standards of a Grade B office building in central Hanoi. Leasing costs are clearly structured to help businesses with financial planning.
- Rent: 15 – 16 USD/m²/month (excluding VAT and service charge).
- Service Charge: 6 USD/m²/month. This fee covers building management, maintenance, 24/7 security, cleaning of common areas, and other public utilities.
- Value Added Tax (VAT): 10% on the total rent and service charge.
- Car Parking Fee: 2,500,000 VND/car/month.
- Motorbike Parking Fee: 150,000 VND/motorbike/month.
- Overtime Fee: To be negotiated directly with the building management, ensuring flexibility for businesses requiring work outside standard office hours.
Other commercial terms, such as minimum lease duration and payment methods, will be discussed in detail within the lease agreement, providing flexibility and suitability for the specific needs of each business.
Suitable Business Profiles
With its strategic location, modern facilities, and professional services, The Lancaster Building is an ideal choice for various business profiles:
- Small and Medium-sized Enterprises (SMEs): Companies seeking a professional workspace in a convenient location to enhance their corporate image and foster business growth.
- Representative Offices: Foreign companies or large corporations looking to establish a representative office in Hanoi, requiring a reputable and accessible location.
- Technology and Service Companies: Businesses that prioritize a modern, comfortable working environment and excellent connectivity with clients and partners.
- Financial and Consulting Firms: Entities that require a central location, close to administrative bodies and key business districts.
The Lancaster Building not only provides workspace but also forms part of a dynamic business ecosystem, helping businesses easily access high-quality human resources and expand their partner networks.
Conclusion
The Lancaster Building is a notable Grade B office building in Hanoi, offering a perfect blend of prime location, modern infrastructure, and professional management services. With comprehensive amenities ranging from advanced air conditioning and backup power systems to ample parking, the building ensures a comfortable and efficient working environment.
Whether you are a business looking to expand or a company seeking to upgrade your current office, The Lancaster Building can meet the most stringent requirements. It represents a strategic choice for businesses aiming to establish their presence and achieve sustainable growth in the heart of the capital.