Shops for Rent on Mercury Street, Hong Kong

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

Renting a shop on Mercury Street, Hong Kong, offers a strategic advantage due to its prime location in the vibrant Tin Hau district, known for its blend of Eastern and Western culture and a thriving community of cool eateries, trendy shops, and cultural attractions. Mercury Street is situated near major transport hubs like Tin Hau and Fortress Hill MTR stations, providing excellent accessibility to key business districts such as Central and Causeway Bay. This proximity ensures high foot traffic and easy connections for both customers and suppliers. The area around Mercury Street features a dynamic mix of residential and commercial properties alongside popular destinations like Victoria Park, Electric Road foodie hub, and cultural sites such as Lin Fa Temple, making it an attractive spot for retail businesses looking to tap into a diverse and active market. Additionally, the modern and urban chic vibe of nearby developments like The Mercury serviced apartments adds to the street’s appeal, creating a trendy yet functional environment for shop rentals on Mercury Street.

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

The cost to rent a shop on Mercury Street in Causeway Bay, Hong Kong varies significantly depending on location, size, and floor level, with ground floor retail spaces typically commanding the highest premiums due to maximum foot traffic exposure. Prime ground floor shops on Mercury Street can range from HKD 200 to HKD 800 per square foot per month, while upper floor commercial spaces may cost between HKD 80 to HKD 300 per square foot monthly. Mercury Street shop rental prices are influenced by proximity to major shopping centers like Times Square and Sogo, accessibility to MTR stations, and the street's reputation as a bustling retail corridor in one of Hong Kong's most expensive commercial districts. Small retail units of 200-500 square feet on Mercury Street typically require monthly rents ranging from HKD 40,000 to HKD 250,000, while larger flagship stores can exceed HKD 500,000 per month. Prospective tenants should also budget for additional costs including management fees, rates, government rent, security deposits equivalent to 3-6 months rent, and key money payments that can add 20-30% to the base rental cost when securing prime Mercury Street retail space in Causeway Bay.

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

Mercury Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists. As a connecting street in one of Hong Kong's busiest shopping districts, Mercury Street sees consistent pedestrian flow from visitors exploring nearby attractions like Times Square, Sogo department store, and the numerous retail outlets that line Causeway Bay's main thoroughfares. The foot traffic on Mercury Street typically intensifies during lunch hours as office workers from surrounding commercial buildings frequent the street's restaurants and eateries, and again in the evening when shoppers and diners head to the area's entertainment venues. Weekend foot traffic on Mercury Street tends to be heavier due to increased leisure shopping activity, while weekday mornings generally see lighter pedestrian volumes. The street's proximity to Causeway Bay MTR station and its position within the prime shopping zone ensures steady pedestrian activity, making Mercury Street a notable location for retail businesses and commercial establishments seeking good visibility and customer access in Hong Kong's dynamic Causeway Bay district.