Shops for Rent on Great George Street, Hong Kong

Why rent a shop on Great George Street, Causeway Bay, Hong Kong?

Renting a shop on Great George Street, Hong Kong, offers prime access to one of the busiest and most popular shopping districts in Causeway Bay, known for its high foot traffic and vibrant retail environment. Located between major junctions and close to the MTR Causeway Bay Station, this street connects shoppers from key shopping malls, department stores like Sogo, fashion centers such as Fashion Walk, and popular venues like Victoria Park, ensuring excellent visibility and customer flow. The pedestrian-friendly design and proximity to notable retail and entertainment venues make Great George Street an ideal location for businesses seeking high exposure and a steady stream of shoppers, especially during weekends and local events. Additionally, the area’s reputation as a trendy and dynamic shopping hotspot attracts a diverse customer base, enhancing business potential. Overall, Great George Street’s strategic location, strong commercial infrastructure, and vibrant atmosphere make it a highly sought-after spot for retail leasing in Hong Kong.

How much does it cost to rent a shop on Great George Street, Causeway Bay, Hong Kong?

The cost to rent a shop on Great George Street in Causeway Bay, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Ground floor retail units on Great George Street typically command premium rents ranging from HK$80 to HK$200 per square foot per month, with prime locations near the Fashion Walk development or closer to the main Causeway Bay shopping district fetching higher rates. Smaller retail spaces of 200-500 square feet may cost between HK$30,000 to HK$80,000 per month, while larger flagship stores or corner units can exceed HK$150,000 monthly. Upper floor retail spaces generally offer more affordable options at HK$40 to HK$100 per square foot per month. Additional costs for renting a shop on Great George Street include management fees, government rates, utility deposits, and renovation expenses, which can add 20-30% to the base rent. Prospective tenants should also budget for key money or premium payments, which are common in Hong Kong's competitive retail market, particularly for desirable locations in Causeway Bay's bustling shopping district.

What's the foot traffic like on Great George Street, Causeway Bay, Hong Kong?

Great George Street in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. As a major thoroughfare connecting the Causeway Bay MTR station to the prime shopping districts including Times Square, SOGO, and numerous retail outlets, Great George Street sees consistent crowds of both local residents and international tourists. Peak foot traffic occurs during lunch hours from 12 PM to 2 PM and evening hours from 6 PM to 9 PM on weekdays, while weekends maintain heavy pedestrian flow from morning until late evening. The street's proximity to major shopping centers, restaurants, and public transportation hubs contributes to its status as a high-density foot traffic zone, with particularly intense crowds during Hong Kong's shopping seasons and public holidays. Visitors planning to navigate Great George Street should expect significant pedestrian congestion, especially near the MTR exits and major retail entrances, as this area serves as a critical junction point for Causeway Bay's extensive commercial and retail ecosystem.