Shops for Rent on Bowen Drive, Hong Kong

Why rent a shop on Bowen Drive, Mid-Levels, Hong Kong?

Renting a shop on Bowen Drive, Hong Kong, offers a unique opportunity to tap into a vibrant and accessible location favored by both locals and tourists. Bowen Drive is well-known for its scenic, flat, and shaded walking trail connecting Mid-Levels to Wong Nai Chung Gap, providing a steady flow of pedestrians including fitness enthusiasts, dog walkers, and families who frequent the area for outdoor activities. This makes it an ideal spot for retail businesses seeking high foot traffic in a picturesque setting close to busy urban centers like Central, Wan Chai, and Happy Valley. Additionally, the location benefits from convenient access via multiple roads and public transport, enhancing customer accessibility. The blend of natural surroundings with proximity to residential and commercial districts makes Bowen Drive a strategic location that can increase visibility and attract diverse clientele for shops aiming to thrive in Hong Kong’s dynamic market.

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

Renting a shop on Bowen Drive in Mid-Levels, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the retail space. Ground floor shops with street-level access on Bowen Drive command premium rental rates due to high foot traffic and visibility, with prime locations potentially reaching HK$250 per square foot monthly. The total monthly rent for a small retail unit of approximately 300-500 square feet ranges from HK$24,000 to HK$100,000, while larger commercial spaces exceeding 1,000 square feet can cost upwards of HK$200,000 per month. Factors affecting rental prices on Bowen Drive include proximity to residential complexes, accessibility via public transport, parking availability, and the overall condition of the building. Additional costs to consider when budgeting for a Bowen Drive shop rental include management fees, rates and government rent, utilities, renovation deposits, and typically three months advance rent plus two months security deposit required upfront.

What's the foot traffic like on Bowen Drive, Causeway Bay, Hong Kong?

Bowen Drive in Causeway Bay, Hong Kong experiences moderate foot traffic compared to the bustling main shopping streets in the area. Located in a more residential and upscale part of Causeway Bay, Bowen Drive sees regular pedestrian activity from local residents, office workers from nearby commercial buildings, and visitors accessing the Hong Kong Stadium and various recreational facilities in the vicinity. The foot traffic tends to be heaviest during weekday rush hours when commuters pass through the area, and on weekends when people visit the sports facilities or attend events at the stadium. While not as crowded as the main shopping districts like Times Square or Hysan Place, Bowen Drive maintains steady pedestrian flow throughout the day, making it an accessible location with good connectivity to Causeway Bay's major attractions and transport links including the MTR station. The area attracts a mix of locals and tourists who prefer a quieter alternative to the heavily congested main shopping streets while still being centrally located in one of Hong Kong's premier shopping and business districts.