Shops for Rent on Kom U Street, Hong Kong

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

Renting a shop on Kom U Street, Hong Kong, offers an excellent opportunity due to its strategic location in the vibrant Sai Ying Pun area, close to key business districts like Sheung Wan and Central. Kom U Street benefits from good public transportation links, including proximity to the MTR, making it easily accessible for customers and staff. The street is surrounded by a mix of residential and commercial properties, ensuring a steady flow of potential consumers, which is ideal for retail or service businesses. Additionally, properties here like Kam Yu Mansion provide well-maintained commercial spaces with long lease terms, supporting business stability. This combination of location, accessibility, and a dynamic neighborhood makes renting a shop on Kom U Street a smart choice for entrepreneurs looking to establish a presence in a bustling urban area of Hong Kong.

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

The cost to rent a shop on Kom U Street in Sheung Wan, Hong Kong varies significantly depending on the size, location, and condition of the property. Generally, retail shop rental prices on Kom U Street range from HK$40 to HK$80 per square foot per month, making it a relatively affordable option compared to prime Central or Causeway Bay locations. For a typical small shop of 200-300 square feet, monthly rent can range from HK$8,000 to HK$24,000, while larger retail spaces of 500-800 square feet may cost between HK$20,000 to HK$64,000 per month. Ground floor shops with street frontage command higher rents than upper floor units, and properties closer to major intersections or MTR stations typically have premium pricing. Sheung Wan shop rental costs have remained relatively stable in recent years, making Kom U Street an attractive option for small businesses and startups looking for affordable retail space in Hong Kong's Western District. Additional costs to consider include management fees, rates, government rent, and fitting-out expenses, which can add 10-20% to the base rental cost.

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

Kom U Street in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when locals and tourists frequent the nearby commercial areas. Located in one of Hong Kong's busiest shopping districts, Kom U Street benefits from its proximity to major retail destinations like Times Square, SOGO department store, and numerous fashion boutiques that draw significant pedestrian flow. The street typically sees increased activity during lunch hours as office workers from surrounding buildings visit nearby restaurants and cafes, while evenings bring a mix of shoppers, diners, and nightlife seekers exploring Causeway Bay's vibrant entertainment scene. Foot traffic tends to be heaviest on weekends and public holidays when both domestic shoppers and international visitors converge on the area, making it one of the more bustling side streets in the Causeway Bay district. The pedestrian volume on Kom U Street is also influenced by its connection to the Causeway Bay MTR station and bus terminals, which serve as major transportation hubs bringing continuous streams of commuters and visitors to the area throughout the day.