Shops for Rent on Braemar Terrace, Hong Kong

Why rent a shop on Braemar Terrace, North Point, Hong Kong?

Renting a shop on Braemar Terrace in Hong Kong is an excellent choice due to its strategic location in the upscale Braemar Hill area, known for a mix of luxury residential developments and a vibrant local community. Braemar Terrace offers convenient access to good public transport links, attracting a steady flow of residents and visitors, which benefits retail businesses. The area is supported by nearby amenities like shopping complexes, supermarkets, and schools, ensuring consistent foot traffic. Additionally, the presence of well-established residential estates nearby, such as Braemar Hill Mansions and Pacific Palisades, guarantees a stable customer base. This makes Braemar Terrace a prime spot for retail entrepreneurs looking for exposure in a thriving and well-connected neighborhood in Hong Kong Island.

How much does it cost to rent a shop on Braemar Terrace, North Point, Hong Kong?

The cost to rent a shop on Braemar Terrace in North Point, Hong Kong typically ranges from HK$25 to HK$60 per square foot per month, depending on the specific location, shop size, and condition of the property. Ground floor retail spaces on Braemar Terrace generally command higher rental rates due to better street visibility and foot traffic, while upper floor commercial units may be available at more competitive prices. Factors affecting shop rental costs in this North Point location include proximity to the North Point MTR station, the building's age and facilities, shop frontage width, and current market demand for retail space in the area. Small retail shops of 200-500 square feet on Braemar Terrace may cost between HK$5,000 to HK$30,000 per month, while larger commercial spaces can exceed HK$50,000 monthly. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and utility deposits when calculating the total cost of renting a shop on Braemar Terrace, North Point.

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

Braemar Terrace in Causeway Bay, Hong Kong experiences moderate foot traffic throughout the day, with peak pedestrian activity occurring during lunch hours and evening shopping periods when nearby Times Square and Sogo department store draw crowds. The foot traffic on Braemar Terrace is significantly influenced by its proximity to major shopping destinations in Causeway Bay, one of Hong Kong's busiest commercial districts, with weekends typically seeing higher pedestrian volumes compared to weekdays. During Hong Kong's peak shopping seasons and holidays, Braemar Terrace foot traffic increases substantially as tourists and locals navigate between the area's numerous retail outlets, restaurants, and entertainment venues. The street's foot traffic patterns are also affected by its connection to Causeway Bay MTR station, with morning and evening rush hours bringing additional pedestrian flow as commuters pass through the area. Overall, Braemar Terrace maintains steady foot traffic due to its strategic location in the heart of Causeway Bay's shopping and business district, making it a consistently active pedestrian thoroughfare in Hong Kong's urban landscape.