Shops for Rent on Lyttelton Road, Hong Kong

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

Renting a shop on Lyttelton Road in Hong Kong offers a strategic advantage due to its prime location in the sought-after Mid-Levels area on Hong Kong Island, well-known for its upscale residential and commercial environment. This street is positioned near key landmarks like the University of Hong Kong and St. Stephen's Girls' College, attracting a diverse and affluent customer base. The area combines both prestige and accessibility, making it ideal for businesses aiming to target residents, students, and professionals in Central and Western District. Additionally, Lyttelton Road’s cultural significance and visibility, sometimes featured in local films and TV series, can help enhance brand recognition. With limited retail space available in this exclusive neighborhood, securing a shop on Lyttelton Road can provide unique marketing and business growth opportunities in a competitive Hong Kong market.

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

The cost to rent a shop on Lyttelton 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 condition of the property. Lyttelton Road shop rental prices are generally higher than other Mid-Levels areas due to its prime location and excellent foot traffic from both residents and tourists visiting the trendy dining and shopping establishments. Ground floor retail spaces on Lyttelton Road command premium rates, with smaller boutique shops of 300-500 square feet averaging HK$40,000 to HK$80,000 monthly, while larger commercial units can exceed HK$150,000 per month. Factors affecting Lyttelton Road commercial rent include proximity to the Mid-Levels escalator, street visibility, existing tenant mix, and lease terms, with most landlords requiring 3-6 months deposit plus key money. For the most current Lyttelton Road shop rental rates, prospective tenants should consult licensed commercial real estate agents who specialize in Mid-Levels Hong Kong properties, as prices fluctuate based on market conditions and seasonal demand.

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

Lyttelton 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 numerous retail outlets, restaurants, and commercial establishments draw both locals and tourists. As a key thoroughfare connecting to Times Square shopping mall and other major attractions in Causeway Bay, Lyttelton Road sees consistent pedestrian flow from morning until late evening, with the busiest periods typically occurring between 11 AM to 9 PM. The foot traffic density varies by season, with higher volumes during holidays, festivals, and summer months when tourism peaks in Hong Kong. Business owners and retailers on Lyttelton Road benefit from this steady stream of potential customers, making it a prime location for commercial activities in one of Hong Kong's most vibrant shopping districts. The pedestrian activity is supported by excellent public transportation links, including nearby MTR stations and bus routes, which contribute to the consistent daily foot traffic patterns along this popular Causeway Bay street.