Shops for Rent on Baker Street, Hong Kong

Why rent a shop on Baker Street, Hung Hom, Hong Kong?

Renting a shop on Baker Street in Hung Hom, Hong Kong offers exceptional business opportunities in one of Kowloon's most strategically located commercial districts. Baker Street provides excellent accessibility with close proximity to Hung Hom MTR station and major transportation hubs, ensuring high foot traffic and easy customer access. The area benefits from a diverse mix of residential developments, hotels, and commercial establishments, creating a vibrant consumer base for retail businesses. Shop rentals on Baker Street typically offer competitive rates compared to premium districts like Central or Causeway Bay, while still maintaining strong visibility and commercial viability. The street's proximity to the iconic Hong Kong Coliseum and waterfront promenade attracts both local residents and tourists, providing businesses with exposure to different market segments. Additionally, Hung Hom's ongoing urban development projects and infrastructure improvements continue to enhance the area's commercial appeal, making Baker Street an attractive location for entrepreneurs and established businesses seeking cost-effective retail space with growth potential in Hong Kong's dynamic market.

How much does it cost to rent a shop on Baker Street, Hung Hom, Hong Kong?

Renting a shop on Baker Street in Hung Hom, Hong Kong typically costs between HK$25,000 to HK$80,000 per month depending on the size, location, and condition of the retail space. Ground floor shops with street-level access command premium prices, often ranging from HK$40 to HK$120 per square foot, while upper floor retail units may cost significantly less at HK$20 to HK$60 per square foot. Baker Street Hung Hom shop rental prices are influenced by factors such as foot traffic, proximity to the MTR station, shopfront width, and whether the unit includes fixtures or requires renovation. Small retail spaces of 200-400 square feet generally rent for HK$25,000 to HK$45,000 monthly, while larger shops exceeding 800 square feet can cost HK$60,000 to HK$80,000 or more per month. Prospective tenants should also budget for additional costs including management fees, rates, government rent, utilities deposits, and typically three months rent as security deposit when leasing commercial property in this popular Kowloon district.

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

Baker 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, Baker Street sees thousands of visitors daily, with peak hours typically occurring during lunch time from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and tourists frequent the numerous restaurants, cafes, and retail outlets. The street's foot traffic is particularly heavy on weekends and public holidays as both locals and international visitors explore the area's famous shopping centers, boutique stores, and dining establishments. The consistent flow of pedestrians on Baker Street Causeway Bay is driven by its strategic location near major MTR stations, luxury shopping malls, and its reputation as a culinary hotspot, resulting in one of Hong Kong's highest pedestrian density areas that remains bustling from early morning until late evening throughout the week.