Shops for Rent on Expo Drive, Hong Kong

Why rent a shop on Expo Drive, Wan Chai, Hong Kong?

Renting a shop on Expo Drive, Hong Kong, offers a strategic advantage due to its proximity to major commercial and exhibition hubs like the Hong Kong Convention and Exhibition Centre. This location attracts a high volume of international visitors and business professionals attending large-scale events, creating excellent foot traffic and potential customer exposure. Expo Drive is situated in a vibrant district with convenient transport links, including MTR stations and ferries, making it easily accessible for both locals and tourists. Additionally, the surrounding area is rich with restaurants, shopping centers, and entertainment options, further enhancing the appeal and commercial viability of renting retail space there. For businesses aiming to capitalize on Hong Kong's bustling trade events and dynamic retail environment, Expo Drive is a prime location that combines visibility, accessibility, and proximity to key economic activities.

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

The cost to rent a shop on Expo Drive in Wan Chai, Hong Kong varies significantly depending on location, size, and property condition, with retail rental prices typically ranging from HK$80 to HK$200 per square foot per month. Prime ground-floor retail spaces on Expo Drive command premium rates due to the area's high foot traffic and proximity to the Hong Kong Convention and Exhibition Centre, while upper-floor or smaller units may be available at more competitive rates. Wan Chai shop rental costs are influenced by factors such as street frontage, proximity to MTR stations, building age, and lease terms, with most landlords requiring deposits equivalent to 2-3 months' rent plus additional fees for management and utilities. Prospective tenants should expect total monthly costs including rent, management fees, and government rates to range from HK$50,000 to HK$300,000 or more for typical retail spaces, making it essential to engage local commercial property agents who specialize in Wan Chai retail leasing to secure the most current market rates and negotiate favorable lease terms.

What's the foot traffic like on Expo Drive, Causeway Bay, Hong Kong?

Expo Drive 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 prime shopping and commercial district, Expo Drive connects major shopping centers, office buildings, and the Hong Kong Convention and Exhibition Centre, resulting in constant streams of shoppers, office workers, tourists, and business visitors. Peak foot traffic on Expo Drive typically occurs during lunch hours from 12 PM to 2 PM, evening rush hours from 6 PM to 8 PM, and weekends when both locals and tourists flock to the area's numerous retail outlets, restaurants, and entertainment venues. The pedestrian volume on Expo Drive is particularly intense due to its proximity to Times Square shopping mall, Sogo department store, and multiple MTR station exits, with foot traffic remaining consistently heavy from early morning until late evening. Visitors to Expo Drive should expect crowded sidewalks and busy crossings, especially during Hong Kong's peak shopping seasons and public holidays when the area becomes a major destination for both domestic and international tourists exploring Causeway Bay's vibrant retail and dining scene.