Shops for Rent on Tonnochy Road, Hong Kong

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

Renting a shop on Tonnochy Road in Hong Kong offers a prime opportunity to establish a retail presence in the bustling Wan Chai district, known for its vibrant shopping, dining, and entertainment scene. Located at the strategic corner of Tonnochy and Jaffe Road, spaces like those at The Tonnochy provide high foot traffic from tourists and locals, proximity to offices, hotels, and residential buildings, and easy access to public transportation. The area’s lively atmosphere and newly renovated retail podium with modern amenities attract a diverse range of visitors, increasing the potential customer base for your business. Whether you need small or larger retail spaces, Tonnochy Road offers versatile shop rentals that cater to different needs, placing your brand at the heart of a thriving commercial and lifestyle hub in Hong Kong.

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

The cost to rent a shop on Tonnochy Road 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. Tonnochy Road shop rental prices are generally more affordable compared to prime commercial areas in Wan Chai like Johnston Road or Hennessy Road, making it an attractive option for small businesses and startups. Ground floor retail spaces on Tonnochy Road usually command higher rents than upper floor units, with average monthly costs ranging from HK$25,000 to HK$80,000 for shops between 300 to 800 square feet. Factors affecting Tonnochy Road commercial rent include proximity to MTR stations, foot traffic, building age, and lease terms, with most landlords requiring a security deposit equivalent to 2-3 months rent plus the first month's rent in advance. Business owners considering Tonnochy Road for their retail operations should also budget for additional costs such as management fees, government rates, and utility deposits when calculating total occupancy expenses.

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

Tonnochy 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 establishments. Located in one of Hong Kong's busiest commercial districts, Tonnochy Road sees consistent pedestrian flow from both locals and tourists who use it as a connecting route between major attractions, MTR stations, and shopping areas in Causeway Bay. The foot traffic typically increases during lunch hours as office workers from nearby buildings frequent the restaurants and cafes along the street, while evenings bring additional crowds heading to the area's entertainment venues and dining establishments. Weekends and public holidays generally see the heaviest pedestrian activity on Tonnochy Road, with the street becoming particularly busy during major shopping seasons and festivals when Causeway Bay attracts even more visitors seeking retail therapy and dining experiences in this prime Hong Kong location.