Shops for Rent on Burd Street, Hong Kong

Why rent a shop on Burd Street, Sheung Wan, Hong Kong?

Renting a shop on Burd Street in Hong Kong is an excellent choice for businesses looking to capitalize on the area’s vibrant commercial environment and strong foot traffic. Burd Street benefits from its location in a dynamic district where shoppers frequent a variety of specialty streets and markets, making it ideal for retail ventures aiming to attract diverse customers. This street is part of Hong Kong's well-known network of shopping areas that blend traditional markets with modern retail spaces, ensuring exposure to both local residents and tourists seeking unique products. Additionally, storefronts on Burd Street can benefit from proximity to other popular shopping streets and markets, enhancing visibility and potential sales. For businesses aiming to establish themselves in a competitive but vibrant market, renting a shop on Burd Street offers strategic access to bustling commerce and a shipment of diverse consumer traffic.

How much does it cost to rent a shop on Burd Street, Sheung Wan, Hong Kong?

The cost to rent a shop on Burd Street in Sheung Wan, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the property. Burd Street shop rental prices vary significantly based on factors such as proximity to major transport links like Sheung Wan MTR station, street-level visibility, and the overall commercial activity in the immediate area. Ground floor retail spaces on Burd Street generally command higher rents compared to upper-floor units, with prime locations near the intersection with major roads attracting premium pricing. Prospective tenants should expect additional costs including management fees, rates, and utility deposits when budgeting for Burd Street commercial property rental. The rental market in Sheung Wan's Burd Street area remains competitive due to its strategic location in Hong Kong's central business district, making it essential to engage with local commercial real estate agents who specialize in Sheung Wan properties to obtain current market rates and availability for shop rentals on Burd Street.

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

Burd 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 Causeway Bay's prime shopping district, Burd Street sees heavy crowds from morning until late evening, with peak hours typically occurring during lunch time (12pm-2pm) and evening shopping hours (6pm-9pm). The street connects major shopping destinations including Times Square, SOGO department store, and numerous fashion boutiques, resulting in constant streams of both local Hong Kong residents and international tourists. Weekends and public holidays see particularly intense foot traffic on Burd Street, as shoppers flock to Causeway Bay's retail offerings. The pedestrian volume is so significant that walking speeds can be considerably reduced during busy periods, and the area is known for its bustling, energetic atmosphere that typifies Hong Kong's commercial districts. Business owners and retailers on Burd Street benefit from this consistent high foot traffic, which contributes to the area's reputation as one of Hong Kong's most valuable commercial real estate locations.