Shops for Rent on Douglas Street, Hong Kong

Why rent a shop on Douglas Street, Central, Hong Kong?

Renting a shop on Douglas Street in Hong Kong offers a strategic advantage due to its prime location in the heart of Central, one of the city’s busiest commercial districts. Douglas Street is a pedestrianised street connecting major roads like Connaught Road Central and Des Voeux Road Central, with convenient access to key MTR stations, including a dedicated entrance to Hong Kong station. This street attracts high foot traffic from both commuters and shoppers, providing excellent visibility and accessibility for retail businesses. Additionally, the area hosts several important office buildings and commercial establishments, creating a vibrant environment for business growth and customer engagement. Its proximity to major transport hubs and a bustling urban setting makes renting a shop here ideal for retailers looking to maximize exposure and capitalize on the continuous flow of local professionals and tourists.

How much does it cost to rent a shop on Douglas Street, Central, Hong Kong?

The cost to rent a shop on Douglas Street in Central, Hong Kong varies significantly depending on the specific location, size, and condition of the retail space. As of 2024, ground floor retail shops on Douglas Street typically command monthly rents ranging from HK$80 to HK$200 per square foot, with prime street-facing locations at the higher end of this range. For a typical small retail unit of approximately 300-500 square feet, businesses can expect to pay between HK$24,000 to HK$100,000 per month in rent. Upper floor retail spaces generally cost 30-50% less than ground floor units, making them more affordable options for new businesses. Additional costs include management fees, rates, government rent, and security deposits equivalent to 2-3 months rent, which can add another 15-20% to the total occupancy cost. The high rental prices on Douglas Street reflect its prestigious Central location, excellent foot traffic, proximity to major office buildings, and easy access to MTR stations, making it one of Hong Kong's most expensive retail districts for shop rentals.

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

Douglas 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 premier shopping district, Douglas Street sees constant streams of both local residents and international tourists, particularly during weekends and public holidays when foot traffic can reach peak levels. The street connects major shopping destinations including Times Square, SOGO department store, and numerous fashion boutiques, resulting in heavy pedestrian flow from morning until late evening. Weekday foot traffic on Douglas Street typically builds from mid-morning and remains consistently busy through the evening rush hour, while weekends see even more intensive pedestrian activity as shoppers and tourists explore Causeway Bay's retail offerings. The high density of restaurants, cafes, and entertainment venues along Douglas Street contributes to sustained foot traffic well into the night, making it a vibrant pedestrian corridor that rarely experiences quiet periods. Business owners and retailers on Douglas Street benefit from this consistent high-volume foot traffic, which ranks among the highest pedestrian counts in Hong Kong's commercial districts.