Shops for Rent on Legislative Council Road, Hong Kong

Why rent a shop on Legislative Council Road, Admiralty, Hong Kong?

Renting a shop on Legislative Council Road in Hong Kong offers a strategic advantage due to its prestigious location in Central, the city’s prime commercial district, near key government buildings including the Legislative Council Complex. This area benefits from high foot traffic generated by nearby offices, tourists, and public events, providing excellent visibility and access for retail businesses. Legislative Council Road is also well-connected by public transport, making it convenient for customers and staff alike. Choosing a shop in this location allows businesses to leverage the credibility and prominence associated with being close to important civic landmarks and the vibrant economic activity of Central Hong Kong.

How much does it cost to rent a shop on Legislative Council Road, Admiralty, Hong Kong?

The cost to rent a shop on Legislative Council Road in Admiralty, Hong Kong varies significantly depending on the property size, location, and market conditions, with retail rental prices typically ranging from HKD 80 to HKD 200 per square foot per month for ground floor spaces. Prime retail locations along Legislative Council Road, particularly those near the Legislative Council Complex and close to Admiralty MTR station, command premium rents due to high foot traffic and excellent accessibility. Smaller retail units of 300-500 square feet may cost between HKD 25,000 to HKD 60,000 per month, while larger flagship stores exceeding 1,000 square feet can reach monthly rents of HKD 150,000 or more. Additional costs include management fees, rates, government rent, and security deposits equivalent to 2-3 months rent, making the total initial investment substantial for businesses looking to establish a presence in this prestigious Admiralty district. Property agents specializing in Hong Kong commercial real estate recommend budgeting at least 20-30% above the base rental rate to account for these additional expenses when planning to rent retail space on Legislative Council Road.

What's the foot traffic like on Legislative Council Road, Causeway Bay, Hong Kong?

Legislative Council Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during business hours and weekends when shoppers visit the nearby Times Square shopping complex and other retail establishments. The pedestrian flow on Legislative Council Road is influenced by its proximity to major commercial areas including the Causeway Bay shopping district, with increased activity during lunch hours as office workers from surrounding buildings frequent local restaurants and cafes. Foot traffic typically peaks between 12 PM to 2 PM and again from 6 PM to 8 PM on weekdays, while weekends see more consistent pedestrian activity throughout the day due to leisure shopping and dining. The road's location near the Causeway Bay MTR station also contributes to steady pedestrian movement as commuters and tourists navigate between the subway entrance and various shopping destinations, making Legislative Council Road a relatively busy thoroughfare for foot traffic in the heart of Hong Kong's popular Causeway Bay district.