Shops for Rent on To Li Terrace, Hong Kong

Why rent a shop on To Li Terrace, Kennedy Town, Hong Kong?

Renting a shop on To Li Terrace in Hong Kong offers a strategic location in the vibrant Western District, specifically within the well-known To Li Garden area. This location benefits from a steady flow of local residents and businesses, providing excellent foot traffic and exposure for retail ventures. To Li Terrace features a mix of residential and commercial properties, allowing shop renters to tap into a diverse customer base. Additionally, properties in To Li Garden offer modern amenities such as 24-hour security and are part of a well-established neighborhood with convenient access to transport links. Renting here combines the advantages of a prime urban setting with a supportive community environment that can help a business thrive in Hong Kong’s competitive market.

How much does it cost to rent a shop on To Li Terrace, Kennedy Town, Hong Kong?

The cost to rent a shop on To Li Terrace in Kennedy Town, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month depending on the size, location within the terrace, and current market conditions. Ground floor retail spaces on To Li Terrace generally command higher rental rates due to better visibility and foot traffic, while smaller shop units may be available at the lower end of this price range. Kennedy Town has experienced significant gentrification and development in recent years, particularly after the MTR Island Line extension, which has driven up commercial rental prices in the area. Factors affecting shop rental costs on To Li Terrace include proximity to the Kennedy Town MTR station, shop size measured in square feet, lease terms, and the specific business type permitted under the tenancy agreement. Prospective tenants should also budget for additional costs such as management fees, utilities, government rates, and required renovation or fit-out expenses when calculating the total cost of renting commercial space in this popular Kennedy Town location.

What's the foot traffic like on To Li Terrace, Causeway Bay, Hong Kong?

To Li Terrace in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists. Located in one of Hong Kong's busiest commercial districts, this street benefits from the constant flow of pedestrians moving between major shopping destinations like Times Square, SOGO department store, and the numerous retail outlets that define Causeway Bay's reputation as a premier shopping hub. The foot traffic on To Li Terrace typically increases during lunch hours as office workers from nearby commercial buildings frequent the restaurants and cafes in the area, while evenings see a surge of shoppers and diners exploring the vibrant street food scene and retail establishments. Weekends and public holidays generally bring the heaviest pedestrian activity to To Li Terrace, as both Hong Kong residents and international visitors navigate through Causeway Bay's interconnected streets, making it one of the more trafficked areas in this densely populated district known for its excellent public transportation connections via Causeway Bay MTR station.