Shops for Rent on Yiu Hing Road, Hong Kong
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Why rent a shop on Yiu Hing Road, Shau Kei Wan, Hong Kong?
Renting a shop on Yiu Hing Road, Hong Kong, offers strategic advantages due to its location in a vibrant retail hub within Shau Kei Wan that includes Yiu Tung Shopping Centre. This centre provides extensive retail space, a fresh market, and ample car parking, attracting a steady flow of local shoppers and residents from nearby public housing estates such as Yiu Tung Estate. The area benefits from excellent accessibility with multiple franchised bus routes and green minibuses servicing Yiu Hing Road, ensuring high foot traffic and convenience for customers. Additionally, ongoing infrastructure improvements maintain smooth two-way traffic and pedestrian access, supporting business visibility and ease of access. These factors combine to make Yiu Hing Road a highly attractive location for retailers seeking a bustling community environment and strong customer base in Eastern Hong Kong Island.
How much does it cost to rent a shop on Yiu Hing Road, Shau Kei Wan, Hong Kong?
The cost to rent a shop on Yiu Hing 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 commercial space. Ground floor retail shops with street frontage on Yiu Hing Road generally command higher rental prices, averaging HK$25 to HK$40 per square foot, while upper floor commercial units may be available at lower rates starting from HK$18 to HK$28 per square foot. Factors affecting shop rental costs in Shau Kei Wan include proximity to MTR stations, foot traffic levels, shop size ranging from 200 to 1,500 square feet, and whether the unit includes fixtures or requires renovation. Small retail spaces of 300-500 square feet suitable for restaurants, convenience stores, or service businesses typically rent for HK$20,000 to HK$30,000 monthly, while larger commercial units exceeding 1,000 square feet may cost HK$35,000 to HK$50,000 per month. Prospective tenants should also budget for additional costs including management fees, rates, utilities, and security deposits equivalent to 2-3 months rent when planning to lease commercial property on Yiu Hing Road.
What's the foot traffic like on Yiu Hing Road, Causeway Bay, Hong Kong?
Yiu Hing Road in Causeway Bay, Hong Kong experiences moderate foot traffic throughout the day, primarily consisting of local residents, office workers, and shoppers accessing nearby retail areas. Located in one of Hong Kong's busiest shopping districts, Yiu Hing Road connects to major commercial hubs including Times Square and Causeway Bay MTR station, resulting in consistent pedestrian flow during peak hours from 8-9 AM and 6-8 PM on weekdays. The foot traffic on Yiu Hing Road tends to increase significantly during weekends and public holidays as tourists and locals explore Causeway Bay's numerous shopping malls, restaurants, and entertainment venues. While not as congested as the main Russell Street or Hennessy Road corridors, Yiu Hing Road maintains steady pedestrian activity due to its strategic location near popular destinations like Sogo department store and Fashion Walk shopping complex. The street's foot traffic patterns make it an attractive location for businesses targeting both local consumers and international visitors exploring Hong Kong's premier shopping district.