Shops for Rent on Fenwick Street, Hong Kong

Why rent a shop on Fenwick Street, Wan Chai, Hong Kong?

Renting a shop on Fenwick Street in Hong Kong offers a strategic location in the vibrant Wan Chai district, known for its mix of commercial activity and accessibility. Fenwick Street is centrally positioned, connecting major roads like Johnston Road and Harbour Road, and is near key transport hubs including Wan Chai MTR station, making it convenient for both foot traffic and logistics. This area benefits from a blend of traditional business presence and modern office buildings, such as Jubilee Centre, providing a dynamic business environment. Renting a shop here allows businesses to tap into a diverse customer base in one of Hong Kong’s bustling commercial zones, ideal for retail, services, or office use. The street’s history and ongoing commercial relevance further enhance its appeal for establishing a shop that benefits from both high visibility and a well-connected urban setting.

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

The cost to rent a shop on Fenwick Street in Wan Chai, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and condition of the property. Ground floor retail spaces on Fenwick Street generally command higher rental rates due to better foot traffic and visibility, with prime locations near the intersection with major roads potentially reaching the upper end of this price range. Smaller shop units of 200-500 square feet are most commonly available for rent on Fenwick Street, making the monthly rental cost approximately HK$16,000 to HK$100,000 for most retail establishments. Factors affecting Fenwick Street shop rental prices include proximity to MTR stations, neighboring businesses, street-level accessibility, and current market conditions in the competitive Wan Chai commercial district. Prospective tenants should also budget for additional costs such as management fees, utilities, and the standard three-month security deposit when calculating the total cost of renting a shop on Fenwick Street, Wan Chai.

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

Fenwick Street 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 like Times Square and Sogo department store draws significant pedestrian flow. The foot traffic on Fenwick Street Causeway Bay is characterized by a mix of local residents, office workers, and tourists who frequent the numerous restaurants, cafes, and small retail shops lining this popular Hong Kong street. During lunch hours between 12pm and 2pm, and evening hours from 6pm to 9pm, pedestrian activity intensifies as people visit the street's famous eateries and entertainment venues. The foot traffic patterns on Fenwick Street are also influenced by its strategic location near Causeway Bay MTR station, making it a convenient thoroughfare for commuters and visitors exploring the bustling Causeway Bay district. Weekend foot traffic tends to be heaviest as both locals and tourists take advantage of the area's shopping and dining opportunities, with the street maintaining steady pedestrian flow even during late evening hours due to Hong Kong's vibrant nightlife culture.