Shops for Rent on St. Stephen's Lane, Hong Kong

Why rent a shop on St. Stephen's Lane, Mid-Levels, Hong Kong?

Renting a shop on St. Stephen's Lane in Hong Kong offers a strategic location in the vibrant Mid-Levels West area, known for its mix of residential and commercial properties. This lane benefits from proximity to well-established neighborhoods and easy access to key parts of Hong Kong Island, making it ideal for businesses seeking visibility and foot traffic. The area features a blend of residential buildings like Golden Phoenix Court and local amenities, attracting a diverse customer base. Additionally, rental prices here reflect the desirable location, balancing premium positioning with the potential for steady customer engagement. Choosing a shop on St. Stephen's Lane means tapping into an established, dynamic community in one of Hong Kong's sought-after districts.

How much does it cost to rent a shop on St. Stephen's Lane, Mid-Levels, Hong Kong?

Renting a shop on St. Stephen's Lane in Mid-Levels, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and property condition. St. Stephen's Lane retail rental prices in Mid-Levels are generally higher than other Hong Kong districts due to the area's prestigious location and affluent residential population. Ground floor shops with street frontage on St. Stephen's Lane command premium rates, often reaching HK$150-200 per square foot monthly, while upper floor commercial spaces may be available from HK$80-120 per square foot. Additional costs for renting a shop in Mid-Levels include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental cost. The total monthly rental cost for a typical 500-800 square foot shop on St. Stephen's Lane ranges from HK$40,000 to HK$160,000, making it one of the more expensive retail locations in Hong Kong. Prospective tenants should also budget for renovation costs, licensing fees, and a security deposit equivalent to 2-3 months rent when planning to open a shop in this prime Mid-Levels location.

What's the foot traffic like on St. Stephen's Lane, Causeway Bay, Hong Kong?

St. Stephen's Lane in Causeway Bay, Hong Kong experiences consistently high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's prime shopping district, this narrow lane connects major shopping destinations and attracts both locals and tourists seeking retail therapy, dining, and entertainment options. Peak foot traffic occurs during lunch hours from 12pm to 2pm when office workers flood the area, and again during evening hours from 6pm to 9pm when shoppers and diners frequent the numerous restaurants, cafes, and retail outlets. Weekends see particularly heavy pedestrian flow as St. Stephen's Lane serves as a crucial walkway between Times Square, Sogo department store, and various shopping malls. The lane's proximity to Causeway Bay MTR station and major bus routes contributes to its constant stream of pedestrians, with foot traffic remaining substantial even during late evening hours due to Hong Kong's vibrant nightlife culture. Visitors should expect crowded conditions and slower walking speeds, especially during public holidays and major shopping seasons when St. Stephen's Lane becomes extremely congested with both foot traffic and street-level commercial activity.