Shops for Rent on Yuk Sau Street, Hong Kong

Why rent a shop on Yuk Sau Street, Happy Valley, Hong Kong?

Renting a shop on Yuk Sau Street in Hong Kong offers strategic advantages due to its prime location in the vibrant Happy Valley area, which attracts both local residents and visitors. Yuk Sau Street features a variety of commercial properties suitable for retail businesses, with options ranging in size and price, making it a flexible choice for different business needs. The street is known for its accessibility and proximity to residential neighborhoods, providing consistent foot traffic and potential customer base. Additionally, businesses renting on Yuk Sau Street benefit from the area's blend of residential comfort and commercial activity, fostering a conducive environment for retail success. This makes Yuk Sau Street an attractive location for entrepreneurs seeking visibility and engagement within a well-established Hong Kong community.

How much does it cost to rent a shop on Yuk Sau Street, Happy Valley, Hong Kong?

The cost to rent a shop on Yuk Sau Street in Happy Valley, Hong Kong varies significantly depending on the size, location, and condition of the retail space. As of 2024, ground floor shop rentals on Yuk Sau Street typically range from HK$30,000 to HK$80,000 per month for small to medium-sized units of approximately 300 to 800 square feet. Prime corner locations or larger retail spaces can command monthly rents exceeding HK$100,000, while smaller units or those on upper floors may be available for HK$20,000 to HK$40,000 per month. The rental rates on Yuk Sau Street are generally lower than Hong Kong's premium shopping districts like Central or Causeway Bay, but remain competitive due to Happy Valley's residential density and steady foot traffic. Factors affecting shop rental costs include proximity to the Happy Valley Racecourse, nearby MTR accessibility, building age, and the specific business permitted under the lease agreement. Prospective tenants should also budget for additional costs such as management fees, utility deposits, and potential key money or premium payments that are common in Hong Kong's commercial real estate market.

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

Yuk Sau Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends. Located in one of Hong Kong's busiest commercial districts, this street sees a steady flow of both local residents and tourists who frequent the nearby shopping centers, restaurants, and entertainment venues. The foot traffic on Yuk Sau Street typically intensifies during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers visit the area's numerous dining establishments and retail outlets. Weekends generally bring heavier pedestrian traffic as families and tourists explore Causeway Bay's attractions, making Yuk Sau Street a bustling thoroughfare. The street's proximity to major shopping destinations like Times Square and Sogo department store contributes to consistent pedestrian flow, while the area's excellent public transportation connections via Causeway Bay MTR station ensure steady foot traffic throughout most hours of the day.