Shops for Rent on Babington Path, Hong Kong

Why rent a shop on Babington Path, Mid-Levels, Hong Kong?

Renting a shop on Babington Path, Hong Kong offers a unique opportunity to establish a business in the prestigious and vibrant Mid-Levels area, known for its blend of residential dwellings, boutique eateries, artisan coffee shops, and educational centers. This location benefits from a steady flow of affluent local residents and visitors, providing excellent visibility and foot traffic. Babington Path's reputation as a charming and well-connected street, combined with proximity to other key roads such as Bonham Road and Robinson Road, makes it ideal for retail, dining, or service-oriented businesses seeking a prime location with a distinct local character and affluent customer base. Additionally, the mix of nearby restaurants and tutorial centers creates complementary business synergy, enhancing the appeal of renting a shop here.

How much does it cost to rent a shop on Babington Path, Mid-Levels, Hong Kong?

The cost to rent a shop on Babington Path in Mid-Levels, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and condition of the property. Babington Path shop rental prices are influenced by its prime Mid-Levels location, proximity to the Central business district, and high foot traffic from both local residents and tourists visiting the area's restaurants and boutiques. Ground floor retail spaces on Babington Path generally command higher rents due to better visibility and accessibility, while smaller shops may cost between HK$30,000 to HK$100,000 per month for spaces ranging from 300 to 800 square feet. Additional costs for renting a shop on Babington Path include management fees, rates, government rent, and utility deposits, which can add approximately 15-20% to the base rental cost. Prospective tenants should also budget for key money or premium payments, which are common in Hong Kong's competitive retail market, particularly for well-located shops in Mid-Levels areas like Babington Path.

What's the foot traffic like on Babington Path, Causeway Bay, Hong Kong?

Babington Path 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 surrounding retail districts. The pedestrian flow on Babington Path is heaviest between 11 AM and 9 PM, with significant congestion during lunch hours from 12 PM to 2 PM and evening rush hours from 6 PM to 8 PM when office workers and tourists converge in the Causeway Bay area. As one of the connecting streets in Hong Kong's busiest shopping district, Babington Path sees consistent pedestrian traffic from shoppers moving between major shopping centers like Times Square, SOGO, and Hysan Place, making it a prime location for retail businesses and restaurants. Weekend foot traffic on Babington Path typically increases by 30-40% compared to weekdays, with tourists and local families contributing to the bustling atmosphere that characterizes Causeway Bay as Hong Kong's premier shopping destination.