Shops for Rent on St. Francis Street, Hong Kong

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Why rent a shop on St. Francis Street, Wan Chai, Hong Kong?

Renting a shop on St. Francis Street in Hong Kong offers a unique opportunity to be part of the vibrant and trendy Starstreet Precinct, a dynamic commercial neighborhood known for its blend of boutique stores, cafes, art spaces, and cultural events. This area attracts a diverse and fashionable clientele seeking indie and upscale shopping experiences, featuring carefully curated stores with brands from emerging British and American designers. Additionally, St. Francis Street benefits from excellent connectivity through nearby Pacific Place and Admiralty MTR station, increasing foot traffic and accessibility. With its mix of stylish retail outlets, charming cafés, and a creative atmosphere, renting a shop here positions businesses in a lively, sought-after locale ideal for fashion, lifestyle, and design-oriented ventures.

How much does it cost to rent a shop on St. Francis Street, Wan Chai, Hong Kong?

The cost to rent a shop on St. Francis 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 condition of the property. Ground floor retail spaces on St. Francis Street Wan Chai generally command higher rental rates due to better foot traffic and visibility, with prime locations near the intersection with Johnston Road or Queen's Road East reaching the upper end of this price range. Smaller shop units of 200-500 square feet may cost between HK$16,000 to HK$100,000 monthly, while larger retail spaces exceeding 1,000 square feet can range from HK$80,000 to HK$200,000 per month. The rental cost also varies based on factors such as the building's age, accessibility, nearby amenities, and proximity to Wan Chai MTR station. St. Francis Street shop rental prices have remained relatively stable in recent years, making it an attractive location for retailers seeking affordable commercial space in the heart of Wan Chai district. Prospective tenants should also budget for additional costs including rates, management fees, and utility deposits when calculating the total cost of renting a shop on St. Francis Street.

What's the foot traffic like on St. Francis Street, Causeway Bay, Hong Kong?

St. Francis Street in Causeway Bay, Hong Kong experiences consistently high foot traffic throughout the day, making it one of the busiest pedestrian areas in the district. Located in the heart of Causeway Bay's prime shopping zone, the street connects major retail destinations and attracts both local residents and international tourists. Peak foot traffic typically occurs during lunch hours between 12pm and 2pm, early evenings from 6pm to 8pm, and weekends when shoppers visit nearby Times Square, SOGO department store, and various fashion boutiques. The street's proximity to Causeway Bay MTR station, which is one of Hong Kong's busiest subway stops, contributes significantly to the constant flow of pedestrians. During major shopping seasons like Chinese New Year, Golden Week holidays, and Christmas, foot traffic on St. Francis Street can increase by up to 40 percent, with the area becoming particularly congested. The diverse mix of office workers, tourists, and local shoppers creates a dynamic pedestrian environment that remains active from early morning until late evening, though traffic tends to be lighter between 10pm and 9am the following day.