Building Overview: Chelsea Park
Chelsea Park, situated at 116 Trung Kinh Street, Yen Hoa Ward, Cau Giay District, Hanoi, stands as a notable Grade C office for lease option in the area. Featuring a modern architectural design with two 17-story towers and one spacious basement level, Chelsea Park provides professional office spaces at its podium. Chelsea Park is designed to meet the diverse needs of businesses, from startups to small and medium-sized enterprises looking for a stable and efficient workplace.
With a typical floor area of up to 800 sqm per floor, the building provides high flexibility in workspace arrangement and design, allowing businesses to customize according to their operational model and corporate culture. Chelsea Park is equipped with essential amenities and modern technical systems, ensuring a stable, safe, and efficient working environment, contributing to increased productivity for its tenants.
The standard working hours for the building are Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:00 PM), facilitating business operations during regular office hours.
Location and Connectivity
Chelsea Park boasts a prime location at 116 Trung Kinh, one of Cau Giay District’s key and bustling thoroughfares. This location not only offers geographical advantages but also ensures excellent transportation connectivity. From Chelsea Park, tenants can easily access and travel to major roads such as Tran Duy Hung, Vu Pham Ham, and especially Ring Road 3, making commutes to Hanoi’s central districts, suburban areas, and Noi Bai International Airport quick and convenient.
The area surrounding the building is a vibrant economic and social development hub, concentrating numerous office buildings, high-end residential complexes, commercial centers, banks, and educational institutions. The presence of diverse public amenities not only provides convenience for business transactions and meeting partners but also offers a wide range of dining, entertainment, and shopping options for employees after work, creating a dynamic work and living environment.
Technical Specifications and Operational Facilities
Chelsea Park has invested in its infrastructure and operational facilities to provide the best experience for tenants:
- Architectural Scale: The building comprises two main towers, each 17 stories high, along with one spacious basement level dedicated to parking. Office spaces for lease are strategically located at the building’s podium, optimizing accessibility and visibility.
- Typical Floor Area: Each floor offers an expansive area of up to 800 sqm, providing generous and flexible space for businesses to design their offices according to specific requirements, from open-plan layouts to functional departments.
- Working Hours: The building operates from Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:00 PM), aligning with the work schedules of most businesses.
- Air Conditioning System: Utilizing an individual air conditioning system, each office or area can independently adjust its temperature as needed, ensuring maximum comfort for occupants.
- Backup Power System: Equipped with a modern backup generator capable of supplying 100% power to the entire building. This ensures that all business operations remain uninterrupted even in the event of a grid power outage.
- Elevator System: The building features a high-speed elevator system, regularly maintained, facilitating fast, safe, and efficient movement between floors, minimizing waiting times.
- Parking Facilities: Chelsea Park includes one dedicated basement level for parking, along with additional parking areas around the building. This provides ample space for both cars and motorbikes for employees and visitors, addressing a significant concern in crowded urban areas.
Leasing Costs and Commercial Terms
To assist businesses in financial planning, here is detailed information on leasing costs and commercial terms at Chelsea Park:
- Office Rent: Ranging from $12 – $13 /sqm/month. This price excludes Value Added Tax (VAT) and management service fees.
- Management Service Fee: 0.5 USD/sqm/month, also excluding VAT. This fee covers operational costs, maintenance of common systems, 24/7 security, and cleaning of public areas.
- VAT: A rate of 10% is applied to both rent and service fees, in accordance with current state regulations.
- Car Parking Fee: 1,200,000 VND/car/month.
- Motorbike Parking Fee: 100,000 VND/motorbike/month.
- Overtime Fee: Any additional costs for working outside standard business hours will be negotiated directly with the Building Management, depending on specific usage and time.
Other leasing conditions, such as contract duration, minimum leased area, and preferential policies for long-term tenants or large area leases, can be negotiated directly to suit the specific needs of each business.
Suitable Business Profile
With competitive rental rates, a convenient location, and stable facilities, Chelsea Park is an ideal choice for a range of business profiles:
- Small and Medium-sized Enterprises (SMEs): Companies with medium to small staff sizes will find suitable space within their budget and growth requirements.
- Startups: With reasonable rental costs, Chelsea Park helps startups optimize initial operating expenses while still ensuring a professional working environment.
- Branch Offices or Representative Offices: Larger companies looking to expand operations or establish a representative office in the Cau Giay area can consider Chelsea Park as an effective solution.
- Businesses Seeking Cost-Effective Office Solutions: Companies prioritizing the optimization of rental costs while wishing to maintain a workplace in a central area with good connectivity.
The building is particularly suitable for businesses operating in information technology, services, consulting, e-commerce, and other rapidly growing sectors in Cau Giay.
Conclusion
Chelsea Park offers a professional, efficient, and highly competitive Grade C office solution in the heart of Cau Giay District, Hanoi. With its strategic location on the bustling Trung Kinh street, comprehensive facilities, modern technical systems, and reasonable rental costs, the building is a valuable consideration for businesses aiming to optimize operational expenses while ensuring a quality, convenient, and well-connected working environment. Chelsea Park is committed to providing a stable, safe workspace that maximally supports the sustainable growth of all its tenants.