Shops for Rent on Ice House Street, Hong Kong
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Why rent a shop on Ice House Street, Central, Hong Kong?
Renting a shop on Ice House Street in Hong Kong offers a unique opportunity due to its prime location in Central, the island’s main business and commercial district. Ice House Street is historically significant and surrounded by notable landmarks like Club Lusitano and the Old Dairy Farm Depot, adding cultural value to any business presence there. The street experiences high pedestrian traffic from both locals and tourists, making it ideal for retail or service-oriented businesses seeking visibility and customer flow. Additionally, its proximity to key roads like Queen's Road Central and Connaught Road Central provides excellent accessibility and connectivity for shops. These factors combined make Ice House Street an attractive spot for businesses looking to establish or expand in Hong Kong’s bustling commercial heart.
How much does it cost to rent a shop on Ice House Street, Central, Hong Kong?
The cost to rent a shop on Ice House Street in Central, Hong Kong varies significantly depending on the size, location, and condition of the retail space, with monthly rental rates typically ranging from HK$80 to HK$200 per square foot for ground floor units. Prime retail locations on Ice House Street, particularly those closer to major shopping areas and with high foot traffic, can command rental prices at the higher end of this range or even exceed HK$250 per square foot monthly. Smaller boutique shops of around 300-500 square feet may cost between HK$25,000 to HK$100,000 per month, while larger retail spaces exceeding 1,000 square feet can range from HK$150,000 to HK$400,000 monthly. Additional costs include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental cost. Ice House Street retail rental prices are influenced by Central's status as Hong Kong's premier business district, proximity to luxury shopping areas like the IFC Mall, and excellent transportation connectivity through Central MTR station, making it one of the most expensive retail locations in Hong Kong.
What's the foot traffic like on Ice House Street, Causeway Bay, Hong Kong?
Ice House Street in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout most of the day, making it one of the busiest pedestrian corridors in the city. Located in the heart of Causeway Bay's prime shopping and commercial district, Ice House Street sees its heaviest crowds during lunch hours from 12pm to 2pm when office workers flood the area, and again during evening peak hours from 6pm to 9pm as commuters and shoppers navigate between Times Square, Sogo department store, and numerous retail outlets. Weekend foot traffic on Ice House Street reaches maximum capacity, particularly on Saturdays when both locals and tourists converge for shopping at nearby malls and dining at the street's popular restaurants and cafes. The pedestrian volume remains consistently high due to Ice House Street's strategic location connecting major MTR stations, shopping centers, and office buildings, with minimal quiet periods except for very early morning hours before 8am and late evening after 10pm. Visitors planning to walk along Ice House Street should expect dense crowds and slower walking speeds during peak shopping and dining hours, especially during Hong Kong's busy shopping seasons and public holidays.