Shops for Rent on Cleverly Street, Hong Kong

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

Renting a shop on Cleverly Street in Hong Kong offers a unique opportunity to establish a presence in Sheung Wan, a vibrant neighborhood known for its cultural diversity and busy commercial activity. Cleverly Street is conveniently located near the Western Market Tram Terminus, providing excellent transport links, and is just a short walk from subway stations, making it accessible for both customers and staff. The street is surrounded by a mix of local businesses, including specialty dried seafood shops popular among locals, which helps attract consistent foot traffic. Additionally, the multicultural atmosphere, with diverse communities and various occupations based around the area, adds a dynamic and friendly environment for retail or service-oriented businesses. This combination of accessibility, steady customer flow, and a distinctive neighborhood character makes renting a shop on Cleverly Street a strategic choice for business owners aiming to tap into the unique market of Sheung Wan.

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

The cost to rent a shop on Cleverly Street in Sheung Wan, Hong Kong typically ranges from HK$35 to HK$80 per square foot per month, depending on the specific location, shop size, and property condition. Ground floor retail spaces on Cleverly Street generally command higher rents due to their prime positioning and foot traffic, with monthly rental costs for a standard 500-800 square foot shop averaging between HK$25,000 to HK$55,000. Upper floor commercial units on Cleverly Street offer more affordable options, usually priced 20-30% lower than ground floor premises, making them attractive for businesses that don't rely heavily on street-level visibility. Additional costs for renting a shop on Cleverly Street include government rates, management fees, utilities, and often a security deposit equivalent to 2-3 months rent, while some landlords may also require key money or premium payments for prime locations in this popular Sheung Wan commercial district.

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

Cleverly Street 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. Located in one of Hong Kong's busiest commercial areas, Cleverly Street benefits from its proximity to major shopping destinations, restaurants, and the Causeway Bay MTR station, which generates consistent pedestrian flow from both locals and tourists. The foot traffic on Cleverly Street typically increases during lunch hours as office workers from nearby buildings seek dining options, and reaches its peak during evening hours and weekends when shoppers explore the vibrant Causeway Bay shopping scene. Business owners and retailers on Cleverly Street can expect steady customer potential due to this consistent pedestrian activity, though foot traffic may vary seasonally with tourist patterns and local events in the Causeway Bay area.