Shops for Rent on North View Street, Hong Kong

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

Renting a shop on North View Street, Hong Kong, offers strategic advantages due to its prime location in North Point, a vibrant mixed-use urban area in the Eastern District of Hong Kong Island. North View Street benefits from the area's dense residential and commercial developments, providing access to a steady flow of local customers as well as tourists visiting the bustling North Point district. The street's proximity to major thoroughfares and Victoria Harbour ensures excellent connectivity and visibility, making it an ideal spot for retail businesses seeking to capitalize on both foot traffic and accessibility. Additionally, North Point's reputation as a dynamic neighborhood with a blend of traditional shops and modern commercial buildings creates a diverse retail environment that attracts a broad customer base. These factors together make North View Street a compelling choice for shop rentals in one of Hong Kong's key urban districts.

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

The cost to rent a shop on North View Street in North Point, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the shop size, location along the street, and specific business requirements. Ground floor retail spaces on North View Street generally command higher rental prices due to increased foot traffic and visibility, with smaller shops of 200-400 square feet averaging HK$30,000 to HK$50,000 monthly, while larger commercial units exceeding 800 square feet can reach HK$70,000 or more per month. The rental cost per square foot on North View Street North Point usually falls between HK$80 to HK$150, making it a moderately priced commercial district compared to prime shopping areas in Central or Causeway Bay. Additional costs for renting a shop on North View Street include security deposits equivalent to 2-3 months rent, management fees, utilities, and potential renovation expenses, so prospective tenants should budget approximately 20-30% above the base rental price for total occupancy costs when planning to lease retail space in this North Point location.

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

North View Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area attracts both locals and tourists. Located in one of Hong Kong's busiest commercial districts, North View Street benefits from its proximity to major shopping centers, restaurants, and the Causeway Bay MTR station, which significantly contributes to pedestrian flow. The street typically sees increased activity during lunch hours from 12 PM to 2 PM and evening hours from 6 PM to 9 PM when office workers and shoppers frequent the area. Foot traffic tends to be heaviest on Saturdays and Sundays as Causeway Bay is a popular weekend destination for shopping and dining. The pedestrian volume on North View Street is generally consistent year-round, with slight increases during major shopping seasons like Chinese New Year and Christmas, making it an attractive location for retail businesses and restaurants seeking good visibility and customer access in the heart of Causeway Bay's commercial zone.