Shops for Rent on Wan Chai Road, Hong Kong

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

Renting a shop on Wan Chai Road, Hong Kong, offers strategic advantages due to its prime location in a vibrant commercial district known for retail, catering, and service industries. Wan Chai provides excellent accessibility with proximity to major transport links such as the MTR, making it highly convenient for both customers and businesses. The area attracts diverse industries including retail, hospitality, and professional services, ensuring a dynamic customer base. Compared to Hong Kong Central, Wan Chai offers more economical rental rates while maintaining a prestigious business address within five to ten minutes of the central business district, ideal for companies looking to balance cost and visibility. Renting a shop on Wan Chai Road can thus maximize foot traffic and business exposure in one of Hong Kong's most active retail corridors.

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

Renting a shop on Wan Chai Road in Wan Chai, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the exact location, shop size, and specific terms of the lease agreement. Prime ground floor retail spaces along the main stretch of Wan Chai Road command higher rental rates, often ranging from HK$150 to HK$200 per square foot monthly, while smaller shops or those located on upper floors may rent for HK$80 to HK$120 per square foot per month. The total monthly rental cost for a typical shop on Wan Chai Road can range from HK$50,000 to HK$300,000 or more, with most small to medium-sized retail units falling between HK$80,000 to HK$180,000 per month. Factors affecting shop rental prices on Wan Chai Road include proximity to MTR stations, foot traffic levels, shop frontage width, ceiling height, and whether the property includes additional amenities or storage space. Prospective tenants should also budget for additional costs such as management fees, rates, government rent, and typically a three-month security deposit when calculating the total cost of renting a shop in this popular Wan Chai commercial district.

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

Wan Chai Road in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. The foot traffic on Wan Chai Road peaks during lunch hours from 12pm to 2pm and evening rush hours from 6pm to 8pm, when thousands of office workers, shoppers, and tourists crowd the sidewalks and crossings. This major thoroughfare connects key shopping districts including Times Square, SOGO department store, and numerous street-level retail outlets, contributing to consistent pedestrian flow from early morning until late night. Weekends see particularly heavy foot traffic as both locals and tourists flock to the area for shopping, dining, and entertainment, with the density often requiring careful navigation through the crowds. The high foot traffic on Wan Chai Road is further intensified by its proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stations, which funnels additional pedestrians onto the street throughout operating hours. Business owners and retailers on Wan Chai Road benefit significantly from this constant stream of foot traffic, making it a prime commercial location despite the challenges of navigating the crowded sidewalks during peak periods.