Shops for Rent on Fleming Road, Hong Kong

Hennessy Road Shop To Let

HK$100,000 monthly

Fleming Road

Shop

Wan Chai

750

Sq. Ft.

Why rent a shop on Fleming Road, Wan Chai, Hong Kong?

Renting a shop on Fleming Road in Hong Kong offers a strategic location in the bustling Wan Chai district, known for its vibrant commercial activity and proximity to key transport links. Fleming Road connects major roads like Johnston Road and Gloucester Road, providing excellent accessibility for customers and suppliers. The area benefits from high foot traffic, thanks to nearby office buildings, hotels, restaurants, and the Hong Kong Convention and Exhibition Centre, making it ideal for retail or service businesses seeking visibility and convenience. Additionally, Wan Chai's dense mix of residential and commercial properties ensures a diverse customer base, contributing to consistent business opportunities for shop tenants on Fleming Road.

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

The cost to rent a shop on Fleming Road 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 current market conditions. Ground floor retail spaces on Fleming Road generally command higher rental rates due to their prime visibility and foot traffic, with smaller shops of 200-500 square feet often renting for HK$25,000 to HK$60,000 monthly. Larger retail units exceeding 1,000 square feet may cost between HK$80,000 to HK$150,000 per month. Fleming Road's strategic location in Wan Chai, connecting to major shopping areas and MTR stations, makes it a sought-after destination for retail businesses, which influences the premium pricing. Additional costs to consider when renting a shop on Fleming Road include management fees, rates and government rent, utility deposits, and renovation expenses. Shop rental prices in this area have remained relatively stable in recent years, though they can fluctuate based on Hong Kong's overall economic conditions and retail market demand. Prospective tenants should also budget for a security deposit equivalent to 2-3 months' rent when securing a Fleming Road shop lease.

What's the foot traffic like on Fleming Road, Wan Chai, Hong Kong?

Fleming Road runs north from Hennessy Road through Wan Chai toward the harbourfront, crossing streets such as Lockhart Road and Gloucester Road. Foot traffic varies along its length: the southern end near Hennessy Road and Wan Chai MTR station is busier with commuters and shoppers, while the northern stretch is dominated by office buildings and heavy road traffic. Weekday mornings, lunchtimes and early evenings are the busiest periods, reflecting the large office population. Evenings see some extra flow toward the restaurants and bars on Lockhart Road. Weekends are quieter in the office sections. The street suits food outlets, convenience retail, banks and service businesses aimed at office workers and commuters.