Shops for Rent on Gordon Road, Hong Kong
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Why rent a shop on Gordon Road, Causeway Bay, Hong Kong?
Renting a shop on Gordon Road, Hong Kong, is a strategic choice for businesses due to its prime location near bustling commercial and shopping areas such as Causeway Bay and Tsim Sha Tsui. Gordon Road offers access to diverse consumer traffic attracted by nearby shopping malls, boutiques, and markets, which creates excellent visibility and footfall potential for retail businesses. Its proximity to major transport links and popular shopping districts enhances customer accessibility, making it an ideal site for retailers aiming to capture both local shoppers and tourists. Furthermore, the area's vibrant retail environment supports a wide range of business types, from fashion and accessories to specialty goods, enabling shops on Gordon Road to benefit from the dynamic Hong Kong shopping scene. This makes renting a shop there a valuable investment for maximizing sales opportunities and brand exposure.
How much does it cost to rent a shop on Gordon Road, Causeway Bay, Hong Kong?
The cost to rent a shop on Gordon Road in Causeway Bay, Hong Kong varies significantly depending on the size, location, and condition of the property, with monthly rental prices typically ranging from HK$50,000 to HK$200,000 or more for prime retail spaces. Gordon Road shop rental costs are generally lower than the main Causeway Bay shopping streets like Russell Street or Times Square area, but still command premium prices due to the district's status as one of Hong Kong's premier shopping destinations. Smaller retail units of 300-500 square feet on Gordon Road may rent for HK$50,000 to HK$80,000 per month, while larger ground floor shops exceeding 1,000 square feet can cost HK$150,000 to HK$300,000 monthly. Factors affecting Gordon Road retail rental prices include foot traffic, proximity to MTR stations, shop frontage width, floor level, and lease terms, with ground floor units commanding the highest rents. Prospective tenants should also budget for additional costs including rates, management fees, utilities, and often substantial key money or security deposits when renting commercial space in this sought-after Causeway Bay location.
What's the foot traffic like on Gordon Road, Causeway Bay, Hong Kong?
Gordon Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's prime shopping district, Gordon Road sees constant streams of shoppers, tourists, and commuters moving between major attractions like Times Square, SOGO department store, and numerous retail outlets. Peak foot traffic typically occurs during weekends, public holidays, and evening hours from 6 PM to 10 PM when both locals and visitors frequent the area's restaurants, shopping centers, and entertainment venues. The road's strategic position connecting key commercial buildings and its proximity to Causeway Bay MTR station contributes to the consistently heavy pedestrian flow, with foot traffic remaining substantial even during weekday afternoons. Business owners and retailers on Gordon Road benefit from this high-density foot traffic, as the area serves as a major thoroughfare for people navigating between Causeway Bay's most popular shopping and dining destinations, ensuring steady customer flow throughout most operating hours.