Shops for Rent on Fuk Kwan Avenue, Hong Kong

Why rent a shop on Fuk Kwan Avenue, Tai Hang, Hong Kong?

Renting a shop on Fuk Kwan Avenue, Hong Kong, offers a unique opportunity to establish a business in the vibrant Tai Hang area of Wan Chai District. This location benefits from a well-established community with a mix of residential and commercial spaces, providing steady foot traffic and local clientele. Fuk Kwan Avenue, centered around Fuk Kwan House—a building occupied since 1959 and offering multiple units—supports diverse retail options in a historically valued neighborhood. Its proximity to key urban centers on Hong Kong Island enhances accessibility and visibility for retailers, making it an attractive choice for entrepreneurs seeking a strategic location with a blend of traditional charm and urban connectivity.

How much does it cost to rent a shop on Fuk Kwan Avenue, Tai Hang, Hong Kong?

The cost to rent a shop on Fuk Kwan Avenue in Tai Hang, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and current market conditions. Fuk Kwan Avenue shop rental prices are influenced by the area's proximity to Causeway Bay, foot traffic levels, and the type of business permitted in each unit. Ground floor retail spaces on Fuk Kwan Avenue generally command higher rents than upper floor locations, with prime corner units or those near popular restaurants and cafes attracting premium rates. For a typical small shop of 300-500 square feet on Fuk Kwan Avenue, business owners can expect monthly rental costs between HK$24,000 to HK$100,000, plus additional charges for management fees, rates, and utilities. Property agents specializing in Tai Hang commercial rentals recommend budgeting for a security deposit equivalent to 2-3 months rent when securing a shop lease on Fuk Kwan Avenue, as this trendy neighborhood continues to attract both local and international retailers seeking exposure to the area's growing residential and tourist population.

What's the foot traffic like on Fuk Kwan Avenue, Causeway Bay, Hong Kong?

Fuk Kwan Avenue in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's proximity to major retail destinations draws significant pedestrian activity. Located in one of Hong Kong's busiest commercial districts, Fuk Kwan Avenue benefits from Causeway Bay's status as a premier shopping and dining hub, with foot traffic patterns typically peaking between 11 AM to 9 PM on weekdays and remaining consistently busy throughout weekends. The street connects to popular areas near Times Square, SOGO department store, and numerous restaurants, contributing to steady pedestrian flow from both locals and tourists exploring Causeway Bay's retail offerings. Foot traffic on Fuk Kwan Avenue tends to be heaviest during lunch hours when office workers frequent nearby eateries, and during evening hours when shoppers and diners populate the surrounding Causeway Bay district, making it a relatively active pedestrian corridor within Hong Kong's bustling commercial landscape.