Shops for Rent on Stubbs Road, Hong Kong

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

Renting a shop on Stubbs Road, Hong Kong, offers a strategic location advantage by providing close proximity to bustling commercial hubs such as Wan Chai and Central, while situated in a prestigious area known for its luxurious residential properties and scenic views. This road connects key districts from Happy Valley to The Peak and is surrounded by upscale neighborhoods, making it ideal for businesses targeting affluent clientele or professionals working nearby. Additionally, the quieter, verdant environment of Stubbs Road offers a premium setting for shops seeking a blend of accessibility and exclusivity compared to more crowded commercial streets. The area's high residential density and presence of notable landmarks like Hong Kong Adventist Hospital and architecturally renowned buildings further ensure consistent foot traffic and a desirable customer base, making it a prime spot for retail or service shops in Hong Kong Island.

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

The cost to rent a shop on Stubbs Road in Wan Chai, Hong Kong varies significantly depending on factors such as location, size, condition, and proximity to transportation hubs. As of 2024, ground floor retail spaces on Stubbs Road typically range from HK$40 to HK$120 per square foot per month, with prime locations near Happy Valley or mid-levels areas commanding higher rents. Smaller retail units of 200-500 square feet may cost between HK$15,000 to HK$50,000 monthly, while larger commercial spaces exceeding 1,000 square feet can reach HK$80,000 to HK$150,000 per month. Stubbs Road shop rental prices are influenced by the area's strategic location connecting Wan Chai to Happy Valley, excellent transport links, and proximity to residential complexes and schools. Additional costs include management fees, government rates, air conditioning charges, and security deposits equivalent to 2-3 months rent. Property agents specializing in Wan Chai commercial real estate recommend budgeting 15-20 percent above the base rent for these additional expenses when calculating total occupancy costs for Stubbs Road retail properties.

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

Stubbs Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak hours when commuters travel between the Mid-Levels residential areas and the central business districts. The pedestrian flow on Stubbs Road is primarily driven by residents accessing public transportation, including buses and taxis, as well as visitors heading to nearby attractions such as Happy Valley Racecourse and the Hong Kong Stadium. Foot traffic tends to be heaviest during morning rush hours from 7-9 AM and evening hours from 6-8 PM, with additional spikes during race days at Happy Valley and major events at the stadium. The road serves as a key connector between the upscale residential areas of Mid-Levels and the bustling commercial hub of Causeway Bay, making it a consistently busy pedestrian corridor. Weekends generally see lighter commuter traffic but increased recreational foot traffic from tourists and locals visiting the entertainment venues and dining establishments along the route. The pedestrian activity on Stubbs Road reflects Hong Kong's dense urban environment and efficient public transportation system, with steady streams of people throughout most daylight hours.