Shops for Rent on Sugar Street, Hong Kong
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Why rent a shop on Sugar Street, Causeway Bay, Hong Kong?
Renting a shop on Sugar Street, Hong Kong offers a prime commercial opportunity in the bustling heart of Causeway Bay, one of the city’s most vibrant shopping and business districts. Sugar Street hosts the modern Sugar+ building, a 27-storey commercial complex featuring a mix of retail shops, renowned restaurants, and office spaces, complemented by stunning views of Victoria Park and Victoria Harbour, which attract high foot traffic and visibility. The location benefits from strong local heritage and excellent access, making it ideal for businesses seeking exposure in a prestigious and busy urban area. Moreover, competitive rental options along Sugar Street provide flexible possibilities for retailers aiming to establish or expand their presence in this sought-after neighborhood. This combination of historical significance, prime location, and modern amenities makes renting a shop on Sugar Street a strategic choice for commercial success in Hong Kong.
How much does it cost to rent a shop on Sugar Street, Causeway Bay, Hong Kong?
The cost to rent a shop on Sugar 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 street-facing shops on Sugar Street can range from HK$80 to HK$300 per square foot per month, while upper floor commercial units may cost between HK$30 to HK$80 per square foot monthly. Causeway Bay remains one of Hong Kong's most expensive retail districts, and Sugar Street rental prices reflect this premium positioning, with smaller boutique spaces of 200-500 square feet potentially costing HK$40,000 to HK$120,000 per month, while larger flagship stores exceeding 1,000 square feet can command monthly rents of HK$200,000 to HK$500,000 or more. Prospective tenants should also budget for additional costs including management fees, rates, government rent, fitting-out expenses, and security deposits equivalent to 3-6 months rent when calculating the total investment required to establish a retail presence on Sugar Street in this highly sought-after Causeway Bay location.
What's the foot traffic like on Sugar Street, Causeway Bay, Hong Kong?
Sugar 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. Located in the heart of Causeway Bay's prime shopping district, Sugar Street attracts thousands of locals and tourists daily who visit the numerous retail stores, restaurants, and entertainment venues lining the street. Peak foot traffic typically occurs during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm on weekdays, while weekends see consistently heavy pedestrian flow from morning until late evening. The street's proximity to major shopping centers like Times Square and Sogo, combined with its excellent MTR connectivity via Causeway Bay Station, contributes to the constant stream of shoppers and commuters. During major shopping seasons such as Chinese New Year and Christmas, foot traffic on Sugar Street can increase by up to 40 percent, with visitors often experiencing crowded sidewalks and slower walking speeds due to the high density of pedestrians navigating between the popular boutiques, cafes, and department stores that make this Hong Kong location a premier destination for retail therapy and dining.