Shops for Rent on Basel Road, Hong Kong

Why rent a shop on Basel Road, Shau Kei Wan, Hong Kong?

Renting a shop on Basel Road, Hong Kong, is an excellent choice due to its strategic location within the Central District, the city's vibrant central business hub. Basel Road benefits from high foot traffic generated by professionals working in nearby multinational financial institutions, government offices, and luxury shopping centers, making it ideal for businesses seeking visibility and access to affluent customers. Additionally, the proximity to major transport links and renowned shopping streets enhances customer accessibility, while the dynamic mix of commercial and retail activity on Basel Road ensures a lively and attractive environment for retail or service-oriented ventures. This combination of prime location, strong economic activity, and excellent connectivity makes renting a shop on Basel Road a valuable investment for businesses aiming to thrive in Hong Kong's competitive market.

How much does it cost to rent a shop on Basel Road, Shau Kei Wan, Hong Kong?

The cost to rent a shop on Basel Road in Shau Kei Wan, 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 with street-facing frontage on Basel Road generally command higher rental prices, averaging HK$25 to HK$40 per square foot, while upper floor commercial units may rent for HK$18 to HK$30 per square foot. Factors affecting Basel Road shop rental costs include proximity to Shau Kei Wan MTR station, foot traffic levels, shop size ranging from 200 to 800 square feet, and whether the unit includes essential amenities like air conditioning and shopfront signage rights. Prospective tenants should also budget for additional expenses such as rates, management fees, utility deposits, and typically two to three months rent as security deposit when leasing retail space in this popular Shau Kei Wan commercial district. For the most current Basel Road shop rental prices, consulting local commercial real estate agents or property websites specializing in Hong Kong retail leasing is recommended, as market rates fluctuate based on economic conditions and local demand.

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

Basel Road 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 surrounding retail districts. The foot traffic on Basel Road is significantly influenced by its strategic location connecting major shopping areas, with pedestrian flow increasing dramatically during lunch hours between 12-2 PM and evening shopping periods from 6-9 PM. Weekends see the heaviest pedestrian congestion on Basel Road as both locals and tourists navigate between Causeway Bay's numerous shopping centers, restaurants, and entertainment venues. The street's proximity to Causeway Bay MTR station ensures consistent foot traffic throughout the week, with morning and evening rush hours bringing additional pedestrian volume from commuters. During major shopping seasons like Chinese New Year, Christmas, and summer sales periods, Basel Road experiences peak foot traffic that can make walking challenging due to the high concentration of shoppers and tourists exploring Causeway Bay's retail offerings.