Shops for Rent on Stewart Road, Hong Kong

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

Renting a shop on Stewart Road, Hong Kong, offers an excellent opportunity to establish a business in a vibrant, well-connected area in Wan Chai. Stewart Road is located just minutes from the Exhibition Centre MTR Station, providing easy access for customers and staff. The area benefits from a rich historical and cultural environment with nearby heritage buildings and a mix of commercial and residential properties, attracting diverse foot traffic. Additionally, the location is part of a key commercial district with access to various amenities, schools, and transport links, making it ideal for retail businesses seeking visibility and customer convenience. Renting a shop here combines accessibility, a strategic position in a busy district, and the chance to operate within one of Hong Kong's dynamic business hubs.

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

The cost to rent a shop on Stewart Road in Wan Chai, Hong Kong typically ranges from HK$40 to HK$80 per square foot per month, depending on the specific location, size, and condition of the retail space. Stewart Road shop rental prices vary significantly based on factors such as proximity to MTR stations, foot traffic levels, and whether the property is located on the ground floor or upper levels. Smaller retail units of 200-500 square feet on Stewart Road generally command monthly rents between HK$15,000 to HK$35,000, while larger commercial spaces exceeding 1,000 square feet may cost HK$50,000 to HK$100,000 per month. Prime ground floor locations with high visibility and pedestrian flow on Stewart Road tend to be at the upper end of the pricing spectrum, while basement or upper floor retail spaces offer more affordable rental options for businesses in Wan Chai. Additional costs for renting a shop on Stewart Road include management fees, rates, government rent, and utility deposits, which can add approximately 15-25% to the base rental amount.

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

Stewart Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and surrounding retail district. The pedestrian flow on Stewart Road is significantly influenced by its proximity to major attractions including the Hong Kong Central Library, Victoria Park, and numerous luxury shopping centers that make Causeway Bay one of Hong Kong's busiest commercial areas. Foot traffic typically increases during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and tourists explore the dining and entertainment options along Stewart Road and adjacent streets. The area sees especially heavy pedestrian activity during major shopping seasons, public holidays, and weekends, as Stewart Road serves as a key connecting route between the MTR Causeway Bay Station and popular destinations like the Fashion Walk shopping complex. Visitors to Stewart Road can expect bustling sidewalks with a mix of local Hong Kong residents, mainland Chinese tourists, and international visitors, making it a vibrant street that reflects the dynamic energy of Causeway Bay's retail and commercial hub.