Shops for Rent on Rock Hill Street, Hong Kong

Why rent a shop on Rock Hill Street, Kennedy Town, Hong Kong?

Renting a shop on Rock Hill Street in Hong Kong offers a unique opportunity to establish a business in Kennedy Town, an area known for its rich cultural heritage and vibrant local community. Rock Hill Street is famed for its artistic murals that reflect the history of the area, attracting both locals and tourists, which can increase foot traffic to your shop. The street’s location in the Central and Western District places it within a dynamic and historic neighborhood with a mix of traditional charm and modern economic activity, making it ideal for retail and hospitality ventures. Additionally, the accessibility of public transportation and proximity to popular attractions enhance the convenience and visibility of any business located here. Renting a shop on Rock Hill Street therefore combines cultural appeal, strategic location, and excellent connectivity, all of which are advantageous for commercial success in Hong Kong.

How much does it cost to rent a shop on Rock Hill Street, Kennedy Town, Hong Kong?

The cost to rent a shop on Rock Hill Street in Kennedy Town, Hong Kong typically ranges from HK$30,000 to HK$80,000 per month, depending on the size, location, and condition of the retail space. Ground floor shops with street-facing frontage on Rock Hill Street command premium rents due to high foot traffic and excellent visibility, while upper floor commercial units may be available at lower rates starting from HK$20,000 monthly. Shop rental prices in Kennedy Town have remained relatively stable compared to prime Central or Causeway Bay locations, making Rock Hill Street an attractive option for small businesses and restaurants seeking affordable retail space in Hong Kong. Factors affecting rental costs include the shop's square footage, proximity to Kennedy Town MTR station, parking availability, and the overall condition of the building. Most landlords require a security deposit equivalent to two to three months' rent, plus the first month's rent in advance when signing a commercial lease agreement on Rock Hill Street.

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

Rock Hill Street in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to this popular retail district. Located in one of Hong Kong's busiest commercial areas, Rock Hill Street benefits from its proximity to major shopping destinations like Times Square, SOGO department store, and numerous luxury boutiques that draw both locals and tourists. The foot traffic on Rock Hill Street typically peaks between 11 AM to 9 PM, with the heaviest congestion occurring during lunch hours from 12 PM to 2 PM and evening shopping periods from 6 PM to 8 PM. Weekends see significantly higher pedestrian volume as families and tourists explore the Causeway Bay shopping district, making Rock Hill Street one of the more crowded thoroughfares in the area. The street's foot traffic is also influenced by its connection to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, which channels thousands of commuters and shoppers through the surrounding streets daily. Business owners and retailers on Rock Hill Street benefit from this consistent pedestrian flow, making it a prime location for shops, restaurants, and commercial establishments looking to capitalize on Causeway Bay's reputation as a premier shopping destination in Hong Kong.