Shops for Rent on Bullock Lane, Hong Kong

Why rent a shop on Bullock Lane, Wan Chai, Hong Kong?

Renting a shop on Bullock Lane in Hong Kong offers a strategic location within the bustling Wan Chai district, known for its vibrant commercial activity and high foot traffic. Bullock Lane provides access to a diverse customer base due to its proximity to major roads, public transport such as the nearby Wan Chai MTR station, and a mix of residential and office buildings. This makes it an ideal spot for businesses seeking visibility and convenience in a dynamic urban setting. Additionally, shops in Bullock Lane benefit from the area's established infrastructure and the dense population, which drive consistent customer flow and business opportunities. Overall, renting a shop on Bullock Lane combines location advantage with commercial vibrancy, making it attractive for various types of retail and service enterprises in Hong Kong.

How much does it cost to rent a shop on Bullock Lane, Wan Chai, Hong Kong?

The cost to rent a shop on Bullock Lane in Wan Chai, Hong Kong varies significantly depending on the size, location, and condition of the retail space. Monthly rental prices for shops on Bullock Lane typically range from HK$15,000 to HK$80,000, with ground floor units commanding premium rates due to higher foot traffic and visibility. Smaller retail spaces of 200-400 square feet generally cost between HK$15,000 to HK$35,000 per month, while larger shops exceeding 600 square feet can reach HK$50,000 to HK$80,000 monthly. The rental cost per square foot on Bullock Lane averages HK$60 to HK$120, making it a moderately priced commercial area compared to prime Wan Chai locations like Johnston Road or Hennessy Road. Factors affecting shop rental prices on Bullock Lane include proximity to MTR stations, building age, ceiling height, and whether the unit includes air conditioning or requires additional fit-out costs. Prospective tenants should also budget for additional expenses such as management fees, government rates, utilities, and a security deposit equivalent to two to three months rent when calculating the total cost of renting a shop on Bullock Lane, Wan Chai.

What's the foot traffic like on Bullock Lane, Causeway Bay, Hong Kong?

Bullock Lane in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when tourists and locals frequent the nearby Times Square shopping mall and Causeway Bay shopping district. The pedestrian flow on Bullock Lane is heaviest between 11 AM and 9 PM, with additional spikes during lunch hours as office workers from surrounding commercial buildings visit restaurants and cafes in the area. Being located in one of Hong Kong's busiest shopping and commercial districts, Bullock Lane benefits from consistent foot traffic year-round, though it tends to be less congested than the main thoroughfares like Russell Street and Hennessy Road. The street attracts a mix of demographics including international tourists exploring Causeway Bay's retail offerings, local residents, and business professionals, making it an attractive location for retail businesses and restaurants seeking steady customer flow. During major shopping seasons and public holidays, foot traffic on Bullock Lane can increase significantly as visitors navigate between Times Square, Sogo department store, and other popular Causeway Bay destinations.