Shops for Rent on Centre Street, Hong Kong

Why rent a shop on Centre Street, Sai Ying Pun, Hong Kong?

Renting a shop on Centre Street in Hong Kong is ideal for businesses seeking high foot traffic and access to a vibrant traditional market atmosphere. Centre Street, located in the Sai Ying Pun area, is known for being the central point of the most active traditional market in the Western District of Hong Kong Island, attracting around 10,000 pedestrians daily. The street connects key thoroughfares with amenities such as the Centre Street Market and Sai Ying Pun Market, offering diverse shopping experiences and constant customer flow. Its combination of steep pedestrian streets and an escalator link enhances accessibility, making it an attractive location for retail businesses aiming to capitalize on local market activity and the rich cultural environment.

How much does it cost to rent a shop on Centre Street, Sai Ying Pun, Hong Kong?

The cost to rent a shop on Centre Street in Sai Ying Pun, Hong Kong typically ranges from HKD 80 to HKD 200 per square foot per month, depending on the specific location, shop size, and current market conditions. Centre Street shop rental prices in Sai Ying Pun have remained relatively stable compared to prime commercial districts, making it an attractive option for small businesses and local retailers. Ground floor retail spaces on Centre Street generally command higher rents due to better visibility and foot traffic, while upper floor commercial units may be available at more competitive rates. Factors affecting Centre Street Sai Ying Pun shop rental costs include proximity to MTR stations, building condition, lease terms, and whether utilities and management fees are included in the monthly rent. Prospective tenants should budget for additional expenses such as security deposits equivalent to 2-3 months rent, stamp duty, legal fees, and potential renovation costs when planning to rent a shop on Centre Street in this popular Hong Kong neighborhood.

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

Centre 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. Located in the heart of Hong Kong's premier shopping district, Centre Street sees continuous crowds of both locals and tourists, particularly during weekends and public holidays when visitor numbers can reach peak capacity. The street connects major shopping destinations including Times Square, SOGO department store, and numerous fashion boutiques, contributing to steady pedestrian flow from early morning until late evening. Peak foot traffic typically occurs between 2 PM and 8 PM on weekdays, while weekends maintain consistently high pedestrian density from noon onwards. The area's proximity to Causeway Bay MTR station and multiple bus routes ensures constant movement of commuters and shoppers, with international tourists frequently contributing to the bustling atmosphere. During major shopping seasons like Chinese New Year and Christmas, Centre Street becomes extremely congested with foot traffic often requiring crowd control measures, making it essential for visitors to plan their shopping trips accordingly and expect significant pedestrian congestion when navigating this popular Hong Kong shopping destination.