Shops for Rent on Morrison Hill Road, Hong Kong

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

Renting a shop on Morrison Hill Road, Hong Kong, offers a strategic commercial location in the vibrant Wan Chai district, known for its accessibility and proximity to key shopping and business areas. Shops here benefit from high foot traffic due to the road's connection to popular shopping destinations like Times Square, Hysan Place, and SOGO, making it ideal for retail and service businesses seeking visibility and customer access. Morrison Hill Road hosts a range of commercial properties including well-established buildings like Morrison Plaza and EIB Tower, providing diverse space options suitable for different business sizes and budgets. The area's mixed-use environment supports both local residents and office workers, enhancing business potential year-round. This combination of location, variety in property choice, and constant urban activity makes Morrison Hill Road a compelling choice for those looking to rent shops in Hong Kong.

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

The cost to rent a shop on Morrison Hill Road in Wan Chai, Hong Kong varies significantly depending on location, size, and property condition, with retail spaces typically ranging from HK$30 to HK$80 per square foot per month. Ground floor shops with street frontage on Morrison Hill Road command premium rents, often exceeding HK$60 per square foot monthly, while upper floor commercial units may start from HK$25 to HK$40 per square foot. Wan Chai Morrison Hill Road rental prices are influenced by the area's excellent transport links, proximity to Happy Valley and Causeway Bay shopping districts, and high foot traffic from both residents and office workers. Small retail shops of 200-500 square feet typically cost between HK$15,000 to HK$40,000 per month, while larger commercial spaces exceeding 1,000 square feet can range from HK$50,000 to HK$150,000 monthly depending on specific location and facilities. Additional costs include management fees, rates, government rent, and utility deposits, which can add 10-20% to the base rental cost for Morrison Hill Road commercial properties in Hong Kong.

What's the foot traffic like on Morrison Hill Road, Causeway Bay, Hong Kong?

Morrison Hill Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak hours and weekends. Located in one of Hong Kong's busiest shopping and commercial districts, the road connects several major areas and serves both residential and commercial purposes, resulting in steady pedestrian flow from office workers, residents, and tourists. The foot traffic tends to be heaviest during morning and evening rush hours when commuters travel to and from nearby MTR stations, shopping centers like Times Square and Hysan Place, and office buildings in the Causeway Bay area. Weekends see increased pedestrian activity as shoppers and tourists explore the numerous retail outlets, restaurants, and entertainment venues along Morrison Hill Road and surrounding streets. The road's proximity to popular attractions such as Victoria Park and its connection to major transportation hubs makes it a well-traveled pedestrian route, though traffic levels can vary depending on weather conditions, special events, and seasonal shopping periods in Hong Kong.