Shops for Rent on Salvation Army Street, Hong Kong

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

Renting a shop on Salvation Army Street in Hong Kong offers a strategic advantage due to its prime location in the bustling Yau Ma Tei district, known for its vibrant shopping, business, and entertainment scene. This area attracts a high foot traffic from both locals and tourists looking for diverse retail and dining experiences, making it ideal for retail businesses aiming to maximize exposure. Additionally, Salvation Army Street is close to major transport links such as Nathan Road and nearby MTR stations Jordan and Mong Kok, ensuring easy accessibility for customers and suppliers. The presence of numerous restaurants, markets, and attractions nearby further enhances the commercial potential, creating a dynamic environment where businesses can thrive. Overall, renting a shop here combines value-for-money with excellent location benefits, making it a compelling choice for entrepreneurs and retailers in Hong Kong.

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

The cost to rent a shop on Salvation Army 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 current market conditions. Salvation Army Street shop rental prices are influenced by factors such as proximity to MTR stations, foot traffic levels, and the condition of the property. Ground floor retail spaces on Salvation Army Street generally command higher rents compared to upper floor units, with prime locations near the intersection with major roads like Hennessy Road or Johnston Road attracting premium pricing. Small retail shops of 200-500 square feet on Salvation Army Street may cost between HK$16,000 to HK$100,000 per month, while larger commercial spaces can exceed HK$150,000 monthly. Wan Chai's status as a major business district and shopping destination makes Salvation Army Street an attractive location for retailers, though rental costs have fluctuated in recent years due to economic conditions and changes in consumer behavior. Prospective tenants should also budget for additional costs including management fees, rates, government rent, and security deposits when calculating the total cost of renting a shop on Salvation Army Street.

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

Salvation Army Street in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's numerous retail outlets, restaurants, and commercial establishments draw both locals and tourists. Located in one of Hong Kong's busiest shopping districts, this street connects to major thoroughfares and is situated near popular destinations like Times Square and Sogo Department Store, contributing to consistent pedestrian flow. The foot traffic on Salvation Army Street typically peaks during lunch hours from 12 PM to 2 PM when office workers frequent nearby eateries, and again in the evening from 6 PM to 9 PM as shoppers and diners explore the vibrant Causeway Bay district. Public holidays, special events, and seasonal shopping periods such as Chinese New Year and Christmas significantly increase pedestrian volume, making it one of the more crowded streets in the area. The street's accessibility via MTR Causeway Bay Station and multiple bus routes ensures steady foot traffic throughout the week, though weekends generally see higher pedestrian density compared to weekdays.