Shops for Rent on Seymour Terrace, Hong Kong

Why rent a shop on Seymour Terrace, Mid-Levels, Hong Kong?

Renting a shop on Seymour Terrace, Hong Kong, offers a strategic location in the Mid-Levels West area, known for its quiet, less congested environment combined with proximity to key commercial and residential zones. This area benefits from being just about 10 minutes away from Hong Kong's Central Business District, providing excellent accessibility while maintaining a more relaxed atmosphere. Shops on Seymour Terrace can attract clientele from nearby residential estates such as Carble Garden and 4 Seymour Terrace, as well as visitors heading to local amenities including supermarkets, restaurants, and Hong Kong University. Additionally, Seymour Terrace offers the advantage of nearby scenic spots like the Morning Trail and Victoria Peak, which can increase foot traffic and brand visibility for retail businesses. This blend of accessibility, residential density, and serene surroundings makes Seymour Terrace an appealing choice for shop rentals in Hong Kong.

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

The cost to rent a shop on Seymour Terrace in Mid-Levels, Hong Kong varies significantly depending on the size, location, and condition of the commercial space. Retail rental prices on Seymour Terrace typically range from HK$80 to HK$200 per square foot per month, with ground floor units commanding premium rates due to higher foot traffic and visibility. Small retail shops of 300-500 square feet can expect monthly rents between HK$25,000 to HK$60,000, while larger commercial spaces exceeding 1,000 square feet may cost HK$100,000 to HK$250,000 per month. The Mid-Levels location offers advantages such as affluent residential catchment, proximity to Central business district, and excellent transport links via the Mid-Levels escalator system, which justifies the higher rental costs compared to other Hong Kong districts. Additional costs for shop rental on Seymour Terrace include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental amount. Prospective tenants should also budget for key money or premium payments, renovation costs, and security deposits equivalent to 2-3 months rent when calculating the total investment required to establish a retail business on Seymour Terrace.

What's the foot traffic like on Seymour Terrace, Causeway Bay, Hong Kong?

Seymour Terrace in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors frequent the nearby Times Square shopping mall and surrounding retail districts. Located in one of Hong Kong's busiest commercial areas, this street sees a steady flow of both locals and tourists who use it as a connecting route between major shopping destinations, restaurants, and the Causeway Bay MTR station. The foot traffic on Seymour Terrace tends to be heaviest between 11 AM and 9 PM, with notable increases during lunch hours (12-2 PM) and evening periods (6-8 PM) when office workers and shoppers move through the area. Weekend foot traffic is consistently higher due to increased tourist activity and local shopping patterns, making Seymour Terrace a relatively busy pedestrian corridor in the heart of Causeway Bay's vibrant retail and dining district.