Shops for Rent on Hennessy Road, Hong Kong
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Why rent a shop on Hennessy Road, Causeway Bay, Hong Kong?
Renting a shop on Hennessy Road, Hong Kong, is an excellent choice due to its prime location in the bustling Causeway Bay shopping district, one of the busiest and most vibrant retail hubs in the city. Hennessy Road is surrounded by major shopping destinations like Hysan Place, which features 17 floors of popular international brands, direct MTR access, a sky garden, and diverse dining options, making it a magnet for heavy foot traffic and affluent shoppers. This area promises high visibility, steady customer flow, and a dynamic retail environment ideal for businesses looking to thrive in a competitive market. The blend of luxury boutiques, trendy stores, and extensive amenities ensures that shops on Hennessy Road benefit from sustained consumer interest and a prestigious address in Hong Kong’s retail landscape.
How much does it cost to rent a shop on Hennessy Road, Causeway Bay, Hong Kong?
The cost to rent a shop on Hennessy Road in Causeway Bay, Hong Kong varies significantly depending on the specific location, shop size, and floor level, with ground floor retail spaces typically commanding the highest rents. As of 2024, retail rental prices on Hennessy Road Causeway Bay range from approximately HK$80 to HK$300 per square foot per month, with prime ground floor locations near major shopping centers and MTR stations reaching the upper end of this range. Smaller shop units of 200-500 square feet may cost between HK$30,000 to HK$100,000 per month, while larger retail spaces exceeding 1,000 square feet can command monthly rents of HK$200,000 or more. The exact rental cost for a Hennessy Road shop will depend on factors such as foot traffic, proximity to Causeway Bay MTR station, building condition, lease terms, and current market conditions, with landlords often requiring substantial security deposits and key money payments upfront. Prospective tenants should budget for additional costs including management fees, rates, utilities, and renovation expenses when calculating the total cost of renting retail space on this premium Hong Kong shopping street.
What's the foot traffic like on Hennessy Road, Causeway Bay, Hong Kong?
Hennessy Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian corridors in the city. This major thoroughfare sees peak congestion during morning and evening rush hours from 7-9 AM and 6-8 PM when office workers and commuters flood the area, while weekends bring dense crowds of shoppers visiting the numerous department stores, boutiques, and shopping centers that line the street. The foot traffic on Hennessy Road Causeway Bay remains consistently heavy due to its strategic location connecting multiple MTR stations, bus terminals, and tram stops, with pedestrian volume often reaching capacity during major shopping seasons like Chinese New Year and Christmas. Visitors to Hennessy Road should expect slow-moving crowds, particularly near popular destinations like Times Square, SOGO department store, and the intersection with other major shopping streets, as this area serves as a primary shopping and business district attracting both locals and tourists daily.
