Shops for Rent on Honiton Road, Hong Kong

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

Renting a shop on Honiton Road in Hong Kong offers a strategic location advantage with excellent accessibility and a mix of vibrant residential and commercial surroundings. Honiton Road is situated near key transport links, including a nine-minute walk to HKU MTR Station and multiple bus routes, providing convenient connectivity to various parts of the city. This accessibility makes it ideal for businesses seeking steady foot traffic and ease of customer access. The area includes established buildings like Honiton Building, which features multiple units suitable for retail or commercial use, making it a practical choice for entrepreneurs or established businesses. Additionally, its proximity to major business districts and a blend of traditional and modern lifestyles in the vicinity can attract diverse clientele, enhancing business opportunities on Honiton Road. The combination of location, transport connectivity, and a balanced commercial-residential environment positions Honiton Road as an attractive site for shop rentals in Hong Kong.

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

The cost to rent a shop on Honiton 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 current market conditions. Honiton Road shop rental prices are influenced by factors such as proximity to the Mid-Levels escalator system, foot traffic patterns, and the overall prestige of this prime Hong Kong district. Ground floor retail spaces on Honiton Road generally command higher rents due to better visibility and accessibility, while smaller shops may range from HK$30,000 to HK$100,000 monthly for spaces between 300 to 800 square feet. Mid-Levels commercial property rental costs have remained relatively stable, though prices can fluctuate based on Hong Kong's economic climate and retail market demand. Prospective tenants should also budget for additional costs including management fees, rates, government rent, and substantial security deposits that typically equal 3-6 months rent when securing a shop lease on Honiton Road.

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

Honiton Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's proximity to major retail destinations draws significant pedestrian activity. Located in one of Hong Kong's busiest commercial districts, Honiton Road benefits from its strategic position near Times Square, Sogo department store, and numerous shopping centers that attract both locals and tourists. The foot traffic on Honiton Road typically peaks during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers frequent the area's restaurants, cafes, and retail outlets. Weekends see consistently heavy pedestrian flow as Causeway Bay serves as a primary shopping and entertainment hub for Hong Kong residents and visitors. The road's foot traffic is also boosted by its connection to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, which channels thousands of commuters and shoppers through the area daily. Business owners and retailers on Honiton Road generally benefit from this steady stream of pedestrians, making it a valuable location for commercial activities in the heart of Causeway Bay's vibrant shopping district.