Shops for Rent on Peacock Road, Hong Kong

Why rent a shop on Peacock Road, North Point, Hong Kong?

Renting a shop on Peacock Road in North Point, Hong Kong offers exceptional business opportunities due to its strategic location and high foot traffic. This bustling commercial street in North Point serves as a major thoroughfare connecting residential areas to the MTR station, ensuring consistent customer flow throughout the day. Peacock Road benefits from its proximity to North Point MTR station, making it easily accessible for both local residents and visitors from across Hong Kong. The area boasts a diverse mix of traditional local businesses and modern retail outlets, creating a vibrant shopping environment that attracts different customer demographics. Shop rentals on Peacock Road are generally more affordable compared to prime Central or Causeway Bay locations, while still offering excellent visibility and accessibility. The street is well-served by public transportation including buses and trams, further enhancing its appeal to potential customers. North Point's growing reputation as an up-and-coming commercial district, combined with ongoing urban development projects in the area, makes Peacock Road an attractive investment opportunity for retailers looking to establish or expand their presence in Hong Kong's competitive retail market.

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

The cost to rent a shop on Peacock Road 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 current market conditions. Ground floor retail spaces on Peacock Road generally command higher rents due to better foot traffic and visibility, with prime locations near the North Point MTR station or major intersections costing significantly more than shops further from transport hubs. Shop rental prices on Peacock Road have remained relatively stable compared to prime commercial districts like Central or Causeway Bay, making it an attractive option for small businesses and local retailers. Factors affecting rental costs include the shop's square footage, street frontage width, ceiling height, existing fixtures, and proximity to popular restaurants and shopping areas along this bustling North Point commercial strip. 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 Peacock Road.

What's the foot traffic like on Peacock Road, Causeway Bay, Hong Kong?

Peacock Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, making it a bustling pedestrian thoroughfare in one of the city's most vibrant shopping districts. Located in the heart of Causeway Bay, Peacock Road connects major retail areas and serves as a key walkway for both locals and tourists navigating between popular destinations like Times Square, Sogo department store, and various shopping centers. The foot traffic on Peacock Road typically peaks during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm on weekdays, while weekends see consistently high pedestrian volumes from morning until late evening. The street's proximity to Causeway Bay MTR station, numerous restaurants, cafes, and retail outlets contributes to the steady stream of pedestrians, with foot traffic density increasing significantly during Hong Kong's peak shopping seasons and public holidays. Visitors to Peacock Road can expect crowded sidewalks, especially near major intersections and building entrances, as the area serves as a primary pedestrian corridor connecting Causeway Bay's extensive commercial and dining establishments.