Shops for Rent on North Point Terrace, Hong Kong

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

Renting a shop on North Point Terrace, Hong Kong, offers a unique opportunity to establish a business in a vibrant, historic neighborhood that blends traditional charm with modern urban life. North Point is well-known for its bustling markets like Chun Yeung Street Market, which attracts locals and tourists with fresh produce, seafood, and diverse retail options, ensuring steady foot traffic. The area benefits from excellent transport links, including nearby metro stations and ferry services, making it easily accessible. Additionally, North Point boasts cultural attractions such as the Sunbeam Theatre and experimental art spaces that contribute to a dynamic community atmosphere. With a strategic location between Causeway Bay and Taikoo Shing and panoramic views over Kowloon Bay, renting a shop here positions businesses at the heart of a thriving commercial and residential hub appealing to varied customer demographics. This combination of accessibility, local culture, and steady visitor flow makes renting a shop on North Point Terrace an attractive choice for entrepreneurs seeking both exposure and community connection in Hong Kong.

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

The cost to rent a shop on North Point Terrace in North Point, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. Retail rental prices on North Point 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. Smaller shops of 200-500 square feet may cost between HK$16,000 to HK$100,000 monthly, while larger retail spaces can exceed HK$200,000 per month. The exact rental cost depends on the property's condition, proximity to MTR stations, nearby commercial developments, and lease terms negotiated with landlords. North Point Terrace shop rents are generally more affordable compared to prime shopping districts like Central or Causeway Bay, making it an attractive option for small businesses and local retailers. Prospective tenants should also budget for additional costs including management fees, rates, government rent, and security deposits when calculating the total cost of renting a shop on North Point Terrace.

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

North Point Terrace in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping complex and surrounding retail establishments. The pedestrian flow on North Point Terrace is heavily influenced by its strategic location connecting major shopping districts, with increased activity during lunch hours as office workers from nearby commercial buildings frequent the area's restaurants and cafes. Evening foot traffic remains consistently busy due to the street's proximity to popular dining venues and entertainment options, while weekday mornings see steady pedestrian movement from commuters using the Causeway Bay MTR station. The foot traffic patterns on North Point Terrace typically peak during Hong Kong's prime shopping seasons, including major holidays and sales periods, when both locals and tourists contribute to the bustling street atmosphere that characterizes this vibrant Causeway Bay thoroughfare.