Shops for Rent on Wan Chai Gap Road, Hong Kong

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

Renting a shop on Wan Chai Gap Road, Hong Kong offers several advantages for businesses seeking a strategic and dynamic location. Wan Chai Gap Road is situated in the Wan Chai District, a well-established area on Hong Kong Island known for its affluent residential community and proximity to major commercial hubs. The location benefits from high foot traffic due to its closeness to Wan Chai MTR Station and surrounding busy districts like Causeway Bay and Admiralty, offering excellent accessibility for both customers and staff. Additionally, the area combines a vibrant local atmosphere with the prestige of a well-developed district, making it an ideal spot for retail shops aiming to attract a diverse clientele. The presence of nearby landmarks and institutions also enhances the visibility and appeal of businesses located on Wan Chai Gap Road. This blend of accessibility, affluent local demographics, and lively surroundings makes renting a shop here a smart choice for those looking to establish or expand their presence in Hong Kong’s competitive commercial landscape.

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

The cost to rent a shop on Wan Chai Gap Road in Wan Chai, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month depending on several key factors. Ground floor retail spaces with good street visibility and foot traffic generally command higher rents, often between HK$50,000 to HK$80,000 monthly for spaces ranging from 300 to 800 square feet. Smaller shop units or those located on upper floors may be available for HK$25,000 to HK$45,000 per month. The exact rental cost depends on the shop size, floor level, condition of the property, proximity to MTR stations, and current market conditions in the Wan Chai district. Additional costs to consider include management fees, rates and government rent, utility deposits, and typically a two to three month security deposit. Shop rental prices on Wan Chai Gap Road have remained relatively stable compared to prime retail areas in Central or Causeway Bay, making it an attractive location for businesses seeking affordable retail space in Hong Kong with good connectivity to public transportation and residential areas.

What's the foot traffic like on Wan Chai Gap Road, Causeway Bay, Hong Kong?

Wan Chai Gap Road in Causeway Bay, Hong Kong experiences moderate to light foot traffic throughout most of the day, as it serves primarily as a residential and commercial connector between the bustling Causeway Bay shopping district and the Mid-Levels area. The foot traffic on Wan Chai Gap Road tends to be heaviest during morning and evening rush hours when commuters use the road to access nearby MTR stations and bus stops, particularly those traveling between Causeway Bay and Wan Chai areas. Unlike the extremely crowded pedestrian areas of Times Square or Hysan Place in central Causeway Bay, Wan Chai Gap Road maintains a more manageable flow of pedestrians, making it popular with locals seeking quieter routes while still maintaining convenient access to Hong Kong's premier shopping and dining destinations. Weekends typically see increased foot traffic as visitors explore the road's proximity to Victoria Park and various local eateries, though it remains significantly less congested than the main Causeway Bay thoroughfares like Hennessy Road or Great George Street.