Shops for Rent on Merlin Street, Hong Kong

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

Renting a shop on Merlin Street in Hong Kong is an excellent choice due to its strategic location in the vibrant North Point and Fortress Hill districts, which are known for their high foot traffic and accessibility. The area offers easy access to key transportation hubs like Fortress Hill MTR station, making it convenient for customers and suppliers alike. Merlin Street is close to bustling shopping, dining, and business centers, providing a lively commercial environment that supports retail success. Additionally, its proximity to popular areas such as Causeway Bay enhances visibility and attracts diverse clientele, making it ideal for businesses seeking growth opportunities in a dynamic urban market. This combination of accessibility, foot traffic, and nearby amenities makes renting a shop on Merlin Street a smart investment for retailers in Hong Kong.

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

The cost to rent a shop on Merlin Street in Causeway Bay, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Ground floor shop rentals on Merlin Street typically range from HK$80 to HK$200 per square foot per month, making a small 300-400 square foot retail unit cost approximately HK$24,000 to HK$80,000 monthly. Larger commercial spaces or prime corner locations on Merlin Street can command higher rents of HK$250 to HK$400 per square foot, resulting in monthly costs exceeding HK$100,000 for premium retail positions. The exact rental price for Merlin Street shops in Causeway Bay depends on factors such as foot traffic, proximity to MTR stations, building age, and current market conditions in Hong Kong's competitive retail property sector. Prospective tenants should also budget for additional costs including management fees, rates, utility deposits, and potential key money payments when calculating the total cost of renting a shop on Merlin Street.

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

Merlin Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and surrounding retail districts. The street serves as a connecting thoroughfare between major shopping areas, making it a popular pedestrian route for both locals and tourists exploring Causeway Bay's bustling commercial zone. Foot traffic typically intensifies during lunch hours from 12-2 PM when office workers from nearby buildings venture out for meals, and again during evening hours from 6-9 PM as shoppers and diners frequent the area's numerous restaurants and retail outlets. The pedestrian flow on Merlin Street is also influenced by its proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, which channels thousands of commuters through the area daily. Weekend foot traffic tends to be heavier due to increased leisure shopping and dining activities, while weekday mornings generally see lighter pedestrian activity compared to the afternoon and evening periods.