Shops for Rent on Cheong Wan Road, Hong Kong
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Why rent a shop on Cheong Wan Road, Hung Hom, Hong Kong?
Renting a shop on Cheung Sha Wan Road, Hong Kong, is highly advantageous due to its status as a premier wholesale fashion hub known as "Fashion Street." This area offers over 250 shops specializing in authentic wholesale clothing, accessories, and textiles at factory-direct prices, attracting both professional buyers and budget-conscious shoppers. Its strategic location in the Sham Shui Po district, combined with excellent transport links via the Sham Shui Po MTR Station (Tuen Ma Line), ensures easy accessibility from across Hong Kong. Renting here provides direct access to a vibrant market with a steady customer base seeking trendy, fashionable items at competitive wholesale rates, making it an ideal choice for businesses in the garment and fashion industry. The bustling environment and concentration of wholesale shops enhance visibility and sales opportunities for retailers looking to establish or expand their presence in Hong Kong’s dynamic fashion scene.
How much does it cost to rent a shop on Cheong Wan Road, Hung Hom, Hong Kong?
The cost to rent a shop on Cheong Wan Road 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 Cheong Wan Road generally command higher rental rates due to better foot traffic and visibility, while upper floor commercial units may be available at lower rates starting from HK$20 per square foot monthly. Factors affecting shop rental prices on Cheong Wan Road include proximity to the Hung Hom MTR station, building age, shop frontage width, and local amenities. Small retail shops of 200-500 square feet in this area typically cost between HK$5,000 to HK$25,000 per month, while larger commercial spaces exceeding 1,000 square feet can range from HK$30,000 to HK$80,000 monthly. Prospective tenants should also budget for additional costs including rates, management fees, utility deposits, and typically three months' rent as security deposit when leasing retail space on Cheong Wan Road, Hung Hom.
What's the foot traffic like on Cheong Wan Road, Causeway Bay, Hong Kong?
Cheong Wan Road 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, this road sees constant streams of locals and tourists moving between major retail destinations like Times Square, SOGO department store, and numerous fashion boutiques. Peak foot traffic occurs during lunch hours from 12pm to 2pm when office workers flood the area, and again in the evening from 6pm to 9pm as shoppers and diners explore the vibrant street-level restaurants and shopping centers. Weekends bring particularly heavy crowds as Cheong Wan Road serves as a main thoroughfare connecting the MTR station to popular shopping areas, with pedestrian volume often reaching shoulder-to-shoulder density during sales periods and holidays. The road's strategic location between major commercial buildings and its proximity to Causeway Bay MTR Station ensures consistent high foot traffic from early morning commuters through late-night entertainment seekers, making it a prime location for retail businesses seeking maximum pedestrian exposure in Hong Kong's busiest shopping district.