Shops for Rent on Jubilee Street, Hong Kong

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

Renting a shop on Jubilee Street, Hong Kong, offers a strategic advantage due to its prime location in the vibrant Central district, connecting major thoroughfares like Queen's Road Central, Des Voeux Road Central, and Connaught Road Central. Jubilee Street is historically significant and features close proximity to landmarks such as Central Market and the headquarters of Hang Seng Bank, providing high foot traffic and business opportunities. Its connection to The Center, a prominent commercial skyscraper, further enhances accessibility and customer exposure, making it an ideal spot for retail businesses seeking visibility in a bustling commercial hub. The area blends rich heritage with modern commerce, attracting diverse clientele and supporting a dynamic retail environment. This combination of historical prominence, central location, and commercial activity makes renting a shop on Jubilee Street a compelling choice for business growth in Hong Kong.

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

The cost to rent a shop on Jubilee 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 rents on Jubilee Street typically range from HKD 80 to HKD 200 per square foot per month, with prime locations commanding higher rates due to the street's proximity to Central's main business district and heavy foot traffic. Smaller shops of 200-500 square feet may cost between HKD 16,000 to HKD 100,000 monthly, while larger retail spaces can exceed HKD 150,000 per month. Factors affecting Jubilee Street shop rental prices include the floor level, street visibility, nearby landmarks like the IFC Mall and Central Station, lease terms, and current market conditions in Hong Kong's competitive retail property sector. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and fitting-out expenses when calculating the total cost of renting a shop on Jubilee Street Central Hong Kong.

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

Jubilee 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, Jubilee Street connects major retail destinations including Times Square, SOGO department store, and numerous fashion boutiques, resulting in constant streams of shoppers, tourists, and commuters. Peak foot traffic typically occurs during weekends, public holidays, and evening hours from 6 PM to 10 PM when both locals and international visitors flock to the area for shopping and dining. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the heavy pedestrian flow, with thousands of people passing through daily. During major shopping seasons like Chinese New Year, Christmas, and summer sales periods, Jubilee Street becomes particularly congested with shoulder-to-shoulder crowds, especially near popular stores and street-level entrances to shopping malls. Business owners and visitors should expect substantial pedestrian density at most times of day, with slightly lighter traffic during early morning hours and late evening after 11 PM.