Shops for Rent on Bonham Road, Hong Kong

Why rent a shop on Bonham Road, Mid-Levels, Hong Kong?

Renting a shop on Bonham Road, Hong Kong offers a prime retail opportunity in one of the city’s most prestigious commercial districts. Bonham Road is strategically located near the Central business district, attracting high foot traffic and a diverse, affluent clientele. This area is renowned for hosting luxury brands like Chanel, Prada, Louis Vuitton, and Hermes, making it ideal for retailers looking to position themselves among premium brands. The presence of a strong English-speaking community further enhances its appeal for international businesses. While rental costs are higher compared to other locations, the exposure to wealthy customers and the vibrant commercial environment make Bonham Road a highly sought-after location for retail stores aiming to maximize visibility and prestige in Hong Kong’s competitive market.

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

The cost to rent a shop on Bonham Road in Mid-Levels, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the retail space. Prime street-level shops on Bonham Road Mid-Levels can command higher rents of HK$150 to HK$250 per square foot monthly, particularly those near popular intersections or close to residential complexes. Smaller retail units of 200-500 square feet generally rent for HK$20,000 to HK$60,000 per month, while larger commercial spaces exceeding 1,000 square feet may cost HK$100,000 to HK$300,000 monthly. The rental rates on Bonham Road vary significantly based on foot traffic, proximity to MTR stations, and the overall commercial viability of the specific stretch, with shops closer to the Sheung Wan end typically commanding premium prices due to better accessibility and higher pedestrian flow. Additional costs for renting a shop on Bonham Road Mid-Levels include management fees, rates, government rent, and utility deposits, which can add approximately 15-25% to the base rental cost.

What's the foot traffic like on Bonham Road, Causeway Bay, Hong Kong?

Bonham Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the district. As a major thoroughfare connecting Times Square shopping mall to the Causeway Bay MTR station, Bonham Road sees constant flows of shoppers, tourists, and commuters, with peak congestion occurring during lunch hours from 12pm to 2pm and evening rush periods from 6pm to 9pm. The street's foot traffic is particularly dense on weekends and public holidays when both locals and visitors flock to the numerous retail outlets, restaurants, and entertainment venues that line this commercial hub. During major shopping seasons like Chinese New Year and Christmas, pedestrian volume on Bonham Road can become extremely crowded, often requiring careful navigation through the bustling crowds. The high foot traffic on Bonham Road is sustained by its strategic location in Causeway Bay's prime shopping district, proximity to major attractions like Victoria Park, and excellent public transportation connectivity, making it a consistently busy pedestrian corridor from early morning until late evening seven days a week.