Shops for Rent on Nam On Street, Hong Kong

Why rent a shop on Nam On Street, Shau Kei Wan, Hong Kong?

Renting a shop on Nam On Street, Hong Kong offers strategic access to a vibrant local community and a blend of traditional and modern urban features. This street is located near the bustling Sham Shui Po district, an area known for its mix of historic buildings and ongoing redevelopment, fostering potential growth for retail businesses. The proximity to residential estates and public transport hubs such as MTR stations ensures steady foot traffic and convenience for both shop owners and customers. Additionally, Nam On Street benefits from nearby commercial centers and markets that attract diverse shoppers seeking everyday goods, dining, and services. Given these factors, renting a shop here is ideal for entrepreneurs aiming to tap into an active local market while benefiting from the urban renewal efforts that enhance the street's appeal and accessibility.

How much does it cost to rent a shop on Nam On Street, Shau Kei Wan, Hong Kong?

The cost to rent a shop on Nam On Street in Shau Kei Wan, Hong Kong typically ranges from HK$15,000 to HK$45,000 per month, depending on the size, location along the street, and condition of the property. Ground floor retail spaces on Nam On Street generally command higher rental rates due to better foot traffic and visibility, with premium locations near the MTR station or major intersections potentially reaching HK$60,000 or more monthly. Smaller shop units of 200-400 square feet are usually available at the lower end of the price range, while larger commercial spaces exceeding 800 square feet will cost significantly more. Factors affecting Nam On Street shop rental prices include proximity to Shau Kei Wan MTR station, street-level accessibility, existing tenant mix in the area, and overall market conditions in the Eastern District of Hong Kong Island. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and utility deposits when calculating the total monthly expense for renting retail space on Nam On Street.

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

Nam On Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, making it a bustling pedestrian area in one of the city's premier shopping districts. The foot traffic on Nam On Street is particularly heavy during peak shopping hours from late morning to evening, especially on weekends and holidays when both locals and tourists frequent the numerous retail outlets, restaurants, and entertainment venues in the area. As a connecting street in Causeway Bay's dense commercial zone, Nam On Street sees consistent pedestrian flow from shoppers moving between major department stores, fashion boutiques, and dining establishments. The street's proximity to Causeway Bay MTR station and major shopping centers like Times Square and SOGO contributes to its steady stream of foot traffic, with the busiest periods typically occurring during lunch hours, after-work shopping times, and weekend leisure hours. Visitors to Nam On Street can expect crowded sidewalks and a vibrant street atmosphere, particularly during Hong Kong's peak shopping seasons and public holidays when foot traffic reaches its highest levels.