Shops for Rent on Li Chit Street, Hong Kong

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

Renting a shop on Li Chit Street in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of Hong Kong's most vibrant commercial districts. Li Chit Street benefits from heavy foot traffic as it connects major thoroughfares and is surrounded by office buildings, residential complexes, and entertainment venues, ensuring a steady stream of potential customers throughout the day. The area's excellent transportation links, including proximity to Wan Chai MTR station and multiple bus routes, make it easily accessible for both local residents and tourists. Businesses on Li Chit Street enjoy competitive rental rates compared to nearby premium locations while still maintaining high visibility and exposure. The street's diverse mix of restaurants, retail shops, and service providers creates a dynamic ecosystem that attracts various demographics, from office workers seeking lunch options to residents shopping for daily necessities. Additionally, Wan Chai's reputation as a business hub and cultural district enhances the prestige and credibility of establishments located on Li Chit Street, making it an ideal choice for entrepreneurs and established businesses looking to establish or expand their presence in Hong Kong's competitive retail market.

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

The cost to rent a shop on Li Chit 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 ground floor accessibility. Ground floor retail spaces on Li Chit Street generally command higher rental rates due to better visibility and foot traffic, with prime locations near the intersection with Queen's Road East or Johnston Road fetching premium prices. Small retail units of 200-500 square feet are most commonly available for rent on this street, making monthly rental costs range between HK$16,000 to HK$100,000 for most commercial properties. The rental market on Li Chit Street Wan Chai remains competitive due to the area's excellent transportation links, proximity to the MTR station, and high density of office workers and residents, which drives consistent demand for retail and F&B establishments. Prospective tenants should also budget for additional costs including government rates, management fees, air conditioning charges, and typically 2-3 months deposit when securing a shop rental agreement on Li Chit Street.

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

Li Chit 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 attracts both locals and tourists. Located in one of Hong Kong's busiest commercial districts, Li Chit Street benefits from its proximity to major shopping centers like Times Square and Sogo, which drives consistent pedestrian flow along the street. The foot traffic typically peaks during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers frequent the numerous restaurants, cafes, and retail outlets lining the street. Weekends see significantly higher pedestrian volumes as Causeway Bay serves as a prime shopping destination for Hong Kong residents and international visitors. The street's foot traffic is also boosted by its accessibility via Causeway Bay MTR station, making it a convenient thoroughfare for commuters and tourists exploring the vibrant Causeway Bay shopping district. During major shopping seasons and holidays, Li Chit Street can become quite congested with heavy pedestrian traffic, reflecting the overall popularity of the Causeway Bay area as Hong Kong's premier retail and dining hub.