Shops for Rent on Kat On Street, Hong Kong

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

Renting a shop on Kat On Street in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. This bustling street benefits from high foot traffic generated by nearby office buildings, residential complexes, and the proximity to Wan Chai MTR station, ensuring excellent accessibility for customers. The area attracts a diverse mix of locals and tourists, creating a strong consumer base for retail businesses, restaurants, and service providers. Kat On Street's strategic position connects businesses to Wan Chai's thriving business ecosystem, including major shopping centers, hotels, and entertainment venues, while offering more affordable rental rates compared to premium locations like Causeway Bay or Central. The street's established commercial infrastructure, combined with Hong Kong's business-friendly environment and international connectivity, makes it an ideal choice for entrepreneurs looking to establish or expand their retail presence in one of Asia's leading financial hubs. Additionally, the ongoing urban development in Wan Chai continues to enhance the area's appeal, promising sustained growth potential for businesses operating on Kat On Street.

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

The cost to rent a shop on Kat On Street in Wan Chai, Hong Kong typically ranges from HK$30 to HK$80 per square foot per month, depending on the specific location, floor level, and shop condition. Ground floor retail spaces on Kat On Street generally command higher rents due to better foot traffic and visibility, with prime locations near the intersection with Hennessy Road or closer to Wan Chai MTR station fetching premium prices. Small retail units of 200-500 square feet can expect monthly rents between HK$15,000 to HK$40,000, while larger shops exceeding 1,000 square feet may cost HK$50,000 to HK$100,000 per month. Additional costs include management fees, rates, government rent, and utility deposits, which can add 15-20% to the base rental cost. Kat On Street's strategic location in Wan Chai's commercial district, with its mix of office workers, residents, and tourists, makes it an attractive but competitive area for retail businesses, with rental prices reflecting the strong demand for commercial space in this established Hong Kong neighborhood.

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

Kat On Street 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 district, this street connects major retail destinations like Times Square and SOGO department store, resulting in continuous streams of shoppers, tourists, and office workers. Peak foot traffic on Kat On Street typically occurs during lunch hours between 12pm and 2pm, evening rush hours from 6pm to 8pm, and weekends when both locals and international visitors flock to the area for shopping and dining. The street's proximity to Causeway Bay MTR station further intensifies pedestrian flow, as thousands of commuters pass through daily. During major shopping seasons such as Chinese New Year, summer sales, and Christmas, foot traffic on Kat On Street can become extremely congested, with shoulder-to-shoulder crowds moving slowly through the narrow thoroughfare. Business owners and retailers on Kat On Street benefit significantly from this consistent high-volume pedestrian traffic, which provides excellent visibility and customer access in one of Hong Kong's most commercially valuable locations.