Shops for Rent on Mansion Street, Hong Kong

Why rent a shop on Mansion Street, North Point, Hong Kong?

Renting a shop on Mansion Street, Hong Kong, offers a unique business opportunity due to its location in the bustling Tsim Sha Tsui district, known for high foot traffic and diverse commercial activity. Mansion Street is adjacent to Chungking Mansions, a landmark shopping and residential complex filled with a variety of retail shops, restaurants, and import/export businesses catering to local and international customers. This area attracts a mix of tourists and residents, providing access to a wide consumer base and exposing your business to trendy goods as well as traditional products from around the world. Additionally, the presence of money changers and multicultural eateries contributes to a vibrant commercial environment. Renting a shop here benefits from affordability relative to other prime locations and the potential for high visibility in one of Hong Kong’s busiest shopping districts. This combination makes Mansion Street an attractive choice for entrepreneurs looking to establish or expand their retail presence in Hong Kong.

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

The cost to rent a shop on Mansion Street in North Point, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Based on current market rates, shop rental prices on Mansion Street typically range from HK$15,000 to HK$80,000 per month for spaces between 200 to 1,000 square feet. Ground floor shops with street-level access and high foot traffic generally command premium rents of HK$40 to HK$120 per square foot, while upper floor retail units may cost between HK$25 to HK$60 per square foot. Mansion Street's strategic location in North Point, with its proximity to MTR stations and dense residential population, makes it a desirable retail destination that influences rental pricing. Factors affecting shop rental costs include the specific street number, proximity to major intersections, building age, shop frontage width, and existing foot traffic patterns. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and utility deposits, which can add 15-25% to the base monthly rent. For the most current and accurate rental prices on Mansion Street, it's recommended to consult with local commercial real estate agents who specialize in North Point retail properties.

What's the foot traffic like on Mansion Street, Causeway Bay, Hong Kong?

Mansion Street in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. The street sees peak crowds during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and tourists flock to the numerous restaurants, cafes, and retail shops lining the narrow thoroughfare. Weekend foot traffic on Mansion Street is consistently heavy from morning until late evening, with particularly dense crowds on Saturdays as both locals and visitors explore the vibrant dining scene and boutique shopping options. The street's proximity to major shopping centers like Times Square and Hysan Place, combined with its reputation as a foodie destination, ensures steady pedestrian flow even during off-peak hours. Visitors to Mansion Street should expect crowded sidewalks and slower walking speeds, especially near popular establishments and during Hong Kong's peak tourist seasons in spring and autumn when foot traffic reaches its highest levels.