Shops for Rent on Fat Hing Street, Hong Kong

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

Renting a shop on Fat Hing Street in Hong Kong offers a prime opportunity to tap into a vibrant, established commercial and dining district known for its diverse food options and steady foot traffic. Fat Hing Street is strategically located near popular residential and shopping areas such as Tin Hau and Causeway Bay, attracting both locals and tourists. This location provides easy access to a wide customer base interested in a variety of cuisines and retail experiences, making it ideal for businesses aiming to benefit from high visibility and continuous customer flow. Additionally, the presence of well-known eateries and specialty shops on Fat Hing Street creates a dynamic retail environment that can enhance the appeal of your shop to a broad demographic, including food enthusiasts and shoppers alike. Renting here supports brand exposure in one of Hong Kong’s bustling districts with proven consumer engagement and commercial vitality.

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

The cost to rent a shop on Fat Hing Street in Sheung Wan, Hong Kong varies significantly depending on the size, condition, and exact location of the retail space. As of 2024, monthly rental rates for shops on Fat Hing Street typically range from HK$15,000 to HK$45,000 for smaller units of 200-500 square feet, while larger commercial spaces can command HK$60,000 to HK$120,000 per month. The rental price per square foot generally falls between HK$30 to HK$80, with ground floor shops commanding premium rates due to higher foot traffic and better visibility. Fat Hing Street's proximity to Central district, MTR stations, and its location within the bustling Sheung Wan commercial area makes it a desirable retail location, which is reflected in the rental costs. Prospective tenants should also budget for additional expenses including management fees, rates, government rent, and security deposits equivalent to 2-3 months rent, which can add 15-25% to the total occupancy cost when renting a shop on Fat Hing Street.

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

Fat Hing Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, making it a bustling commercial area popular with both locals and tourists. Located in one of Hong Kong's premier shopping districts, this street sees its peak pedestrian activity during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers frequent the numerous restaurants, cafes, and retail establishments. Weekends typically bring heavier foot traffic as visitors explore the nearby Times Square shopping mall, Sogo department store, and other Causeway Bay attractions. The street's proximity to Causeway Bay MTR station ensures steady pedestrian flow, with commuters and tourists regularly passing through the area. During major shopping seasons like Chinese New Year and Christmas, foot traffic on Fat Hing Street increases significantly as bargain hunters and gift shoppers take advantage of seasonal sales at the various shops and boutiques lining this vibrant Hong Kong street.