Shops for Rent on Li Kwan Avenue, Hong Kong

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

Renting a shop on Li Kwan Avenue in Hong Kong offers strategic advantages due to its prime location in the Wan Chai and Tai Hang districts, areas known for vibrant commercial activity and high foot traffic. Li Kwan Avenue benefits from proximity to popular residential neighborhoods and business hubs, attracting a diverse customer base. The street is well-established with various retail and service shops, making it ideal for businesses seeking visibility and accessibility in a dynamic urban environment. Additionally, leasing a shop here provides access to a mature market with stable retail demand, supported by well-developed infrastructure and transport connectivity. These factors make Li Kwan Avenue a desirable choice for entrepreneurs and retailers aiming to capitalize on exposure and a steady flow of potential customers in Hong Kong’s competitive retail landscape.

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

The cost to rent a shop on Li 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, size, and condition of the retail space. Li Kwan Avenue shop rental prices are influenced by factors such as proximity to Causeway Bay, foot traffic patterns, and the overall commercial appeal of the Tai Hang district. Ground floor retail units on Li Kwan Avenue generally command higher rents due to better visibility and accessibility, while upper floor commercial spaces may be available at more competitive rates. When budgeting for a shop rental on Li Kwan Avenue, potential tenants should also consider additional costs including government rates, management fees, utilities, and the standard three-month security deposit required by most Hong Kong landlords. The rental market in Tai Hang remains dynamic, with prices fluctuating based on economic conditions and local demand, so it is advisable to consult with licensed real estate agents specializing in Hong Kong commercial properties for the most current Li Kwan Avenue shop rental rates and availability.

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

Li Kwan Avenue in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's premier shopping district, this street sees thousands of shoppers, tourists, and locals daily, with peak congestion occurring during weekends, public holidays, and evening hours between 6 PM to 9 PM. The foot traffic on Li Kwan Avenue is particularly intense due to its proximity to major shopping destinations like Times Square, Sogo department store, and numerous fashion boutiques, creating a constant flow of pedestrians from morning until late night. Visitors should expect crowded sidewalks and slow-moving pedestrian traffic, especially during Hong Kong's peak tourist seasons and major sales periods, as Li Kwan Avenue serves as a crucial connector between Causeway Bay's MTR station and the area's primary retail establishments. The street's foot traffic density rivals that of other famous shopping districts worldwide, making it essential for visitors to plan extra travel time when navigating through this bustling Causeway Bay thoroughfare.