Shops for Rent on Bulkeley Street, Hong Kong
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Why rent a shop on Bulkeley Street, Hung Hom, Hong Kong?
Renting a shop on Bulkeley Street, Hong Kong, offers strategic advantages due to its location in the vibrant Hung Hom area of Kowloon City District. Bulkeley Street is known for accessible retail spaces within established buildings like Bulkeley Building and 171 Bulkeley Street, providing businesses with well-positioned venues to attract local customers and tourists alike. The street's proximity to major roads and residential neighborhoods ensures consistent foot traffic, making it an ideal site for retail, services, and dining establishments. Additionally, the mix of commercial and residential properties in the area supports diverse business opportunities, while the established infrastructure and convenient transport links enhance visibility and accessibility for both shoppers and business owners. Overall, renting a shop on Bulkeley Street combines location strength with community engagement, offering a promising environment for business growth in Hong Kong.
How much does it cost to rent a shop on Bulkeley Street, Hung Hom, Hong Kong?
The cost to rent a shop on Bulkeley Street in Hung Hom, Hong Kong typically ranges from HK$25 to HK$60 per square foot per month, depending on the specific location, shop size, and condition of the property. Ground floor retail spaces on Bulkeley Street generally command higher rental rates due to better foot traffic and visibility, while upper floor commercial units may be available at more competitive prices. Factors affecting shop rental costs on Bulkeley Street include proximity to the Hung Hom MTR station, the property's age and renovation status, ceiling height, and whether utilities and management fees are included in the rent. Small retail shops of around 200-500 square feet may cost between HK$5,000 to HK$30,000 per month, while larger commercial spaces can exceed HK$50,000 monthly. Prospective tenants should also budget for additional expenses such as rates and government rent, utility deposits, renovation costs, and typically a three-month rental deposit when securing a shop lease on Bulkeley Street in the Hung Hom district.
What's the foot traffic like on Bulkeley Street, Causeway Bay, Hong Kong?
Bulkeley Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and Sogo department store. The pedestrian flow on Bulkeley Street is heaviest between 11 AM and 9 PM, with significant increases during lunch hours (12 PM - 2 PM) and evening shopping periods (6 PM - 8 PM) as office workers and tourists navigate between the MTR Causeway Bay Station and major retail destinations. Weekends see substantially higher foot traffic on Bulkeley Street due to both local Hong Kong residents and mainland Chinese tourists visiting Causeway Bay's renowned shopping district. The street serves as a key pedestrian thoroughfare connecting various commercial buildings, restaurants, and shopping centers, making it one of the busier secondary streets in the Causeway Bay area. During major sales events, public holidays, and the Christmas shopping season, foot traffic on Bulkeley Street can become particularly congested, especially near the intersections with Hennessy Road and other main arteries in this prime Hong Kong shopping district.