Shops for Rent on Rumsey Street, Hong Kong

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

Renting a shop on Rumsey Street, Hong Kong, offers a prime commercial location in the bustling Sheung Wan district, known for its proximity to key business areas and Victoria Harbour. The street connects important thoroughfares like Wing Lok Street and Des Voeux Road Central, providing excellent foot traffic potential and visibility for retail businesses. With landmarks such as the Wing On Department Store nearby and direct access to major transportation routes, renting a shop on Rumsey Street ensures easy customer access and strong connectivity. This makes it an attractive choice for businesses seeking a vibrant urban setting with a mix of historic significance and modern commercial appeal.

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

The cost to rent a shop on Rumsey Street in Sheung Wan, Hong Kong typically ranges from HK$80 to HK$150 per square foot per month, depending on the specific location, shop size, and current market conditions. Rumsey Street shop rental prices are influenced by its prime position in the Sheung Wan commercial district, proximity to Central MTR station, and high foot traffic from both locals and tourists. Ground floor retail spaces on Rumsey Street generally command higher rents due to better visibility and accessibility, while smaller shops may see rates at the lower end of the pricing spectrum. For a typical 300-500 square foot retail unit on Rumsey Street, businesses can expect monthly rental costs between HK$24,000 to HK$75,000, plus additional charges for management fees, rates, and utility deposits. The Sheung Wan area's growing popularity as a trendy shopping and dining destination has contributed to steady rental growth, making Rumsey Street an attractive but competitive location for retail businesses seeking exposure in one of Hong Kong's most vibrant commercial neighborhoods.

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

Rumsey 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 nearby attractions like Times Square, Sogo department store, and the bustling Russell Street shopping district. The foot traffic on Rumsey Street Hong Kong typically increases significantly from late morning through evening hours, with the heaviest pedestrian flow occurring between 2 PM and 8 PM when both tourists and locals explore the Causeway Bay area for shopping, dining, and entertainment. As a connecting street in one of Hong Kong's premier shopping districts, Rumsey Street benefits from overflow pedestrian traffic from major thoroughfares like Hennessy Road and Great George Street, making it a consistently busy area for retail businesses and commercial establishments. The street's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, contributes to steady foot traffic throughout the week, while weekends and public holidays see increased pedestrian activity as both domestic and international visitors explore the vibrant Causeway Bay shopping and entertainment precinct.