Shops for Rent on Wong Nai Chung Gap Road, Hong Kong

Why rent a shop on Wong Nai Chung Gap Road, Happy Valley, Hong Kong?

Renting a shop on Wong Nai Chung Gap Road, Hong Kong, offers a unique blend of strategic location, historical significance, and accessibility. This road, linking key districts such as Wan Chai and Southern District, is situated near popular areas including Victoria Harbour, Stanley, and Repulse Bay, making it an attractive spot for both local and tourist foot traffic. Despite a decrease in through traffic after the opening of Aberdeen Tunnel, Wong Nai Chung Gap Road remains a vibrant area largely due to its proximity to the Wong Nai Chung Gap Trail, which attracts hikers and history enthusiasts year-round. Additionally, the surrounding amenities like the French International School and Hong Kong Cricket Club contribute to a distinguished neighborhood atmosphere that benefits businesses seeking an upscale clientele. The combination of scenic surroundings, cultural landmarks, and convenient connectivity therefore makes renting a shop on Wong Nai Chung Gap Road a compelling choice for retailers aiming to capitalize on both local and visiting customers.

How much does it cost to rent a shop on Wong Nai Chung Gap Road, Happy Valley, Hong Kong?

The cost to rent a shop on Wong Nai Chung Gap Road in Happy Valley, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Ground floor shops on Wong Nai Chung Gap Road typically command rental rates ranging from HKD 80 to HKD 200 per square foot per month, with prime locations near the Happy Valley Racecourse or main intersections commanding higher prices. Smaller retail units of 200-500 square feet may cost between HKD 25,000 to HKD 60,000 monthly, while larger shops exceeding 1,000 square feet can reach HKD 150,000 or more per month. The rental cost for shops on Wong Nai Chung Gap Road is influenced by factors such as foot traffic, proximity to MTR stations, parking availability, and the overall commercial activity in the Happy Valley district. Prospective tenants should also budget for additional costs including rates, management fees, air conditioning charges, and typically a three-month security deposit when renting commercial space in this popular Hong Kong retail corridor.

What's the foot traffic like on Wong Nai Chung Gap Road, Causeway Bay, Hong Kong?

Wong Nai Chung Gap Road in Causeway Bay experiences moderate to heavy foot traffic throughout the day, particularly during peak commuting hours and weekends when visitors travel to nearby attractions. As a key thoroughfare connecting Causeway Bay to Happy Valley and other districts, the road sees consistent pedestrian activity from both local residents and tourists heading to popular destinations like Happy Valley Racecourse, Hong Kong Stadium, and various hiking trails in the area. The foot traffic tends to be heaviest between 7-9 AM and 5-7 PM during weekdays due to commuters, while weekends bring increased recreational foot traffic as people visit the racecourse during racing seasons or access hiking paths leading to Wong Nai Chung Gap Park and beyond. The pedestrian volume varies seasonally, with higher numbers during cooler months when outdoor activities are more popular, and the presence of bus stops and taxi stands along the road contributes to steady pedestrian movement throughout the day. Shopping enthusiasts and diners also contribute to foot traffic as they move between Causeway Bay's commercial areas and the more residential sections along Wong Nai Chung Gap Road.