Shops for Rent on Kennedy Road, Hong Kong

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

Renting a shop on Kennedy Road, Hong Kong, offers a strategic location in the prestigious Mid-Levels area, known for its blend of historic charm and accessibility to major business and leisure hubs. Kennedy Road connects prominent landmarks like Hong Kong Park and Hopewell Centre, making it an ideal place for shops seeking high visibility and steady foot traffic from both locals and tourists. Its proximity to central districts and well-established transportation links enhances customer reach, while the area's upscale and dynamic environment supports businesses aiming to attract affluent clientele. This combination of convenience, prestige, and vibrant community makes Kennedy Road a prime spot for retail rental in Hong Kong.

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

The cost to rent a shop on Kennedy Road in Mid-Levels, Hong Kong varies significantly depending on the specific location, size, and condition of the retail space. Commercial rental prices on Kennedy Road typically range from HK$80 to HK$200 per square foot per month, with prime ground-floor locations commanding the highest rates due to excellent foot traffic and visibility. Smaller retail units of 300-500 square feet may cost between HK$25,000 to HK$60,000 monthly, while larger commercial spaces exceeding 1,000 square feet can reach HK$150,000 or more per month. Kennedy Road's strategic position in Mid-Levels offers businesses access to affluent residential communities and convenient transportation links, making it a desirable but premium retail location. Additional costs to consider include management fees, rates and government rent, utility deposits, and fitting-out expenses, which can add 15-25% to the base rental cost. Market conditions, lease terms, and seasonal demand also influence rental prices, with many landlords requiring 2-3 months deposit plus advance rent payment for shop leases on Kennedy Road.

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

Kennedy Road 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 foot traffic on Kennedy Road varies significantly by time and location along the street, with the highest pedestrian density occurring near the intersection with Hennessy Road and around major shopping centers, while quieter residential sections see lighter foot traffic. Business hours typically see steady pedestrian flow as Kennedy Road serves as a key connector between Causeway Bay's commercial areas and residential neighborhoods, making it popular with both tourists exploring Hong Kong's premier shopping district and local residents commuting to work or dining establishments. The street's proximity to Causeway Bay MTR station and its role as a gateway to popular attractions like Victoria Park contribute to consistent foot traffic levels, though visitors should expect the busiest pedestrian conditions during lunch hours, evening shopping periods, and holiday weekends when Causeway Bay attracts maximum crowds.