Shops for Rent on Hollywood Road, Hong Kong
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Why rent a shop on Hollywood Road, Central, Hong Kong?
Renting a shop on Hollywood Road, Hong Kong, is an attractive choice for businesses seeking high foot traffic and a vibrant commercial environment. Hollywood Road is known for its blend of modern amenities and rich cultural heritage, making it a popular destination for both locals and tourists. Shops here benefit from a strategic location in a bustling retail and dining hub, which enhances visibility and customer engagement. Additionally, recent trends show that retailers are increasingly favoring fringe areas like Hollywood Road due to competitive rents compared to prime districts, allowing businesses to maintain a strong presence without prohibitive costs. Overall, renting a shop on Hollywood Road offers a unique balance of ambiance, accessibility, and economic viability for retailers and F&B operators alike.
How much does it cost to rent a shop on Hollywood Road, Central, Hong Kong?
Renting a shop on Hollywood Road in Central, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the exact location, shop size, and street level accessibility. Prime ground floor retail spaces with high foot traffic can command premium rates of HK$150-200 per square foot monthly, while upper floor units or smaller boutique spaces may start from HK$80-120 per square foot. The total monthly rent for a typical 500-800 square foot shop on Hollywood Road Central ranges from HK$40,000 to HK$160,000, with additional costs including management fees, rates, and utilities. Factors affecting Hollywood Road shop rental prices include proximity to major attractions like Man Mo Temple, accessibility to Mid-Levels escalator, street frontage, and overall condition of the building. Prospective tenants should also budget for substantial security deposits, typically equivalent to 3-6 months rent, plus legal fees and renovation costs when calculating the total investment required to rent retail space on this prestigious Hong Kong street.
What's the foot traffic like on Hollywood Road, Causeway Bay, Hong Kong?
Hollywood Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. This popular shopping and entertainment district sees peak crowds during weekends, public holidays, and evening hours from 6 PM to 10 PM when locals and tourists flock to the numerous shopping malls, restaurants, bars, and entertainment venues. The foot traffic on Hollywood Road Causeway Bay is particularly dense near major attractions like Times Square, SOGO department store, and the various side streets lined with trendy boutiques and eateries. Weekday afternoons also maintain steady pedestrian flow due to office workers and shoppers, while the area remains relatively busy even during late night hours thanks to the vibrant nightlife scene. Visitors planning to walk along Hollywood Road in Causeway Bay should expect crowded sidewalks and slower walking speeds, especially during rush hours and peak shopping times, as this location serves as a major transportation hub with multiple MTR exits and bus stops contributing to the constant stream of pedestrians throughout the area.
