Shops for Rent on Borrett Road, Hong Kong

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

Renting a shop on Borrett Road in Mid-Levels, Hong Kong offers exceptional business opportunities in one of the city's most prestigious residential areas. Located in the heart of Mid-Levels, Borrett Road provides excellent accessibility via the Central-Mid-Levels escalator system and convenient transportation links to Central and Admiralty business districts. The area attracts affluent residents and expatriate professionals who demand high-quality retail services, making it ideal for upscale boutiques, specialty stores, cafes, restaurants, and professional services. Shop rental on Borrett Road benefits from consistent foot traffic from the surrounding luxury residential buildings and proximity to popular dining and shopping destinations. The location offers lower rental costs compared to prime Central or Causeway Bay retail spaces while maintaining access to a wealthy customer base. Additionally, Mid-Levels Borrett Road provides a more relaxed shopping environment away from crowded tourist areas, appealing to discerning local customers seeking personalized service and premium products. The area's established reputation as a desirable residential neighborhood ensures stable demand for quality retail and service businesses, making Borrett Road an attractive choice for entrepreneurs and established retailers looking to expand their presence in Hong Kong's competitive market.

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

The cost to rent a shop on Borrett Road 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 ground floor accessibility. Prime ground floor retail spaces on Borrett Road commanding street-level visibility can cost upwards of HK$150-200 per square foot monthly, while smaller shops or those located on upper floors may rent for HK$80-120 per square foot. Mid-Levels is considered a prestigious residential area with high foot traffic from affluent residents, making Borrett Road shop rentals relatively expensive compared to other Hong Kong districts. Additional costs for renting a shop on Borrett Road include management fees, rates, government rent, and typically require a security deposit equivalent to 2-3 months rent plus the first month's rent in advance. The exact rental price for shops on Borrett Road varies significantly based on factors such as shop condition, lease terms, proximity to the Mid-Levels escalator system, and current market demand in the Mid-Levels retail property sector.

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

Borrett Road in Causeway Bay, Hong Kong experiences moderate foot traffic due to its primarily residential nature, contrasting with the bustling pedestrian activity found on nearby commercial streets like Hennessy Road and Great George Street. While Borrett Road itself serves mainly as a quiet residential thoroughfare lined with luxury apartment buildings and serviced residences, its proximity to Causeway Bay's major shopping districts means it sees steady but controlled pedestrian flow from residents and visitors accessing the area's upscale accommodations. The foot traffic on Borrett Road tends to be lighter during daytime hours compared to the adjacent retail zones, with peak pedestrian activity occurring during evening hours when residents return home and tourists head to nearby dining establishments. Those walking along Borrett Road typically include local residents, hotel guests from the area's premium accommodations, and visitors transitioning between Causeway Bay's shopping centers and the more tranquil residential sections, making it a relatively peaceful street despite being located in one of Hong Kong's busiest commercial districts.