Shops for Rent on Lau Sin Street, Hong Kong

Why rent a shop on Lau Sin Street, Causeway Bay, Hong Kong?

Renting a shop on Lau Sin Street in Hong Kong is an attractive option due to its strategic location along the border of Wan Chai and Eastern Districts, placing it near key residential and commercial areas such as Tin Hau and Fortress Hill. This street benefits from high foot traffic, proximity to popular transport links including tram stops, and access to busy neighborhoods with vibrant local communities, making it ideal for retail businesses seeking strong customer exposure. Additionally, Lau Sin Street's surrounding districts offer a diverse demographic, enabling varied business opportunities. Its well-connected infrastructure and presence of nearby parking facilities further enhance convenience for both shop owners and customers, contributing to its appeal as a prime retail location.

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

The cost to rent a shop on Lau Sin Street in Causeway Bay, Hong Kong varies significantly depending on the specific location, size, and condition of the property. Ground floor retail spaces on Lau Sin Street typically command rental prices ranging from HK$80 to HK$200 per square foot per month, with prime locations near the Fashion Walk shopping area commanding the highest rates. Shop rental costs in this area are influenced by foot traffic, proximity to MTR stations, and the overall retail environment of Causeway Bay district. Smaller retail units of 200-500 square feet may cost between HK$25,000 to HK$80,000 per month, while larger shops exceeding 1,000 square feet can reach monthly rents of HK$150,000 or more. Additional costs for renting a shop on Lau Sin Street include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental cost. Prospective tenants should also budget for key money, renovation costs, and security deposits equivalent to 2-3 months rent when calculating the total investment required to open a retail business on Lau Sin Street, Causeway Bay.

What's the foot traffic like on Lau Sin Street, Causeway Bay, Hong Kong?

Lau Sin Street in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists. Located in one of Hong Kong's busiest commercial districts, Lau Sin Street benefits from its proximity to major shopping destinations like Times Square, SOGO department store, and numerous retail outlets that draw significant pedestrian flow. The street typically sees increased activity during lunch hours as office workers from nearby buildings frequent the various restaurants and cafes, while evenings bring shoppers and diners exploring the vibrant Causeway Bay nightlife scene. Foot traffic tends to be heaviest on weekends and public holidays when tourists and local families visit the area for shopping and dining, with the street serving as a connecting route between major attractions and MTR Causeway Bay station. The pedestrian volume on Lau Sin Street generally peaks between 12 PM to 2 PM during weekdays for lunch crowds, and again from 6 PM to 10 PM when people finish work and engage in after-hours activities, making it a consistently busy thoroughfare in Hong Kong's bustling Causeway Bay district.