Shops for Rent on Shu Kuk Street, Hong Kong

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

Renting a shop on Shu Kuk Street in North Point, Hong Kong offers exceptional business opportunities due to its strategic location in one of Hong Kong Island's most vibrant commercial districts. Shu Kuk Street provides excellent foot traffic with its proximity to North Point MTR station, connecting businesses to the extensive public transportation network that brings customers from across Hong Kong. The area boasts a diverse mix of local residents and office workers, creating a steady customer base throughout the day, while the street's established retail ecosystem includes restaurants, cafes, convenience stores, and specialty shops that complement each other and drive consistent business. Shop rental rates on Shu Kuk Street are generally more affordable compared to premium locations like Central or Causeway Bay, making it an attractive option for small to medium enterprises and startups looking to establish their presence in Hong Kong. The neighborhood's authentic local character appeals to both residents seeking everyday services and tourists exploring traditional Hong Kong culture, while the area's ongoing urban development projects promise continued growth and increased property values, making Shu Kuk Street an intelligent choice for retailers seeking long-term business success in North Point's thriving commercial landscape.

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

The cost to rent a shop on Shu Kuk Street in North Point, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month depending on the size, location, and condition of the retail space. Ground floor shops on Shu Kuk Street generally command higher rental prices due to better foot traffic and visibility, with premium locations near the North Point MTR station or main intersections costing significantly more. Smaller retail units of 200-400 square feet may rent for HK$15,000 to HK$25,000 monthly, while larger commercial spaces exceeding 600 square feet can reach HK$35,000 to HK$45,000 per month. Shop rental costs on Shu Kuk Street are influenced by factors including proximity to public transportation, nearby commercial developments, tenant mix in the building, and overall market conditions in the North Point district. Prospective tenants should also budget for additional expenses such as management fees, utilities, government rates, and security deposits which typically equal two to three months rent when leasing retail space in this popular Hong Kong shopping area.

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

Shu Kuk Street 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 mall and Causeway Bay's bustling retail district. The foot traffic on Shu Kuk Street is heaviest between 11 AM to 9 PM, with significant pedestrian activity from both local Hong Kong residents and international tourists exploring the Causeway Bay area. Located in one of Hong Kong's premier shopping and commercial zones, Shu Kuk Street benefits from the overflow of pedestrians visiting popular destinations like SOGO department store, Fashion Walk, and the numerous restaurants and cafes in the vicinity. The street typically sees increased foot traffic during lunch hours (12 PM to 2 PM) and evening dining times (6 PM to 8 PM), making it an attractive location for retail businesses and food establishments. Weekend foot traffic on Shu Kuk Street tends to be approximately 30-40% higher than weekdays, with families and young professionals contributing to the steady stream of pedestrians throughout the Causeway Bay district.