Shops for Rent on Warren Street, Hong Kong

Why rent a shop on Warren Street, Tai Hang, Hong Kong?

Renting a shop on Warren Street in Hong Kong offers a prime retail location in the vibrant Causeway Bay area, known for its bustling shopping scene and diverse customer base. Warren Street is situated in Wan Chai District, which blends historic charm with a modern commercial atmosphere, attracting both locals and tourists. This location provides access to a high-traffic shopping district, close to popular retail hubs like Times Square and Hysan Place, ensuring excellent visibility and footfall. Additionally, the proximity to a variety of restaurants, boutique stores, and convenient transportation options makes Warren Street an ideal choice for businesses seeking to capitalize on one of Hong Kong’s best shopping neighborhoods. This combination of strategic location, dynamic retail environment, and strong consumer demand makes renting a shop on Warren Street a smart investment for retailers aiming to grow their brand in Hong Kong.

How much does it cost to rent a shop on Warren Street, Tai Hang, Hong Kong?

The cost to rent a shop on Warren Street in Tai Hang, Hong Kong typically ranges from HK$40 to HK$80 per square foot per month, depending on the specific location, shop size, and ground floor accessibility. Warren Street Tai Hang rental prices for commercial spaces vary significantly based on factors such as street frontage, foot traffic, proximity to the MTB station, and whether the unit is located on the ground floor or upper levels. Smaller retail units of 200-500 square feet on Warren Street generally command higher per-square-foot rates, while larger spaces may offer more competitive pricing. Ground floor shops with direct street access on Warren Street Tai Hang typically cost 20-30% more than upper floor units due to increased visibility and customer accessibility. Additional costs for Warren Street shop rentals include government rates, management fees, utilities, and often a security deposit equivalent to 2-3 months rent, bringing the total initial investment for renting a commercial space in this popular Tai Hang location to approximately HK$100,000 to HK$300,000 depending on the unit size and lease terms.

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

Warren Street in Causeway Bay, Hong Kong experiences heavy foot traffic throughout the day, making it one of the busiest pedestrian areas in the district. Located in the heart of Causeway Bay's prime shopping and commercial zone, Warren Street sees constant streams of shoppers, tourists, and office workers, particularly during peak hours from 11 AM to 2 PM and 6 PM to 9 PM. The street's proximity to major shopping destinations like Times Square, SOGO department store, and numerous retail outlets contributes to its consistently high pedestrian volume. Weekends and holidays witness even more intense foot traffic as both locals and international visitors flock to the area for shopping and dining. The foot traffic on Warren Street is characterized by a diverse mix of demographics, including young professionals, families, and tourists exploring Causeway Bay's renowned retail landscape. During lunch hours, the area becomes particularly congested with office workers from nearby commercial buildings seeking dining options. The pedestrian flow remains substantial even during evening hours due to the vibrant nightlife and extended shopping hours that Causeway Bay is famous for, making Warren Street a consistently busy thoroughfare in Hong Kong's retail capital.