Shops for Rent on Tsat Tsz Mui Road, Hong Kong

Why rent a shop on Tsat Tsz Mui Road, North Point, Hong Kong?

Renting a shop on Tsat Tsz Mui Road in Hong Kong offers strategic advantages for businesses looking to establish a presence in a vibrant, well-connected area. Tsat Tsz Mui Road runs through Tsat Tsz Mui and eastern North Point, known for its mix of residential and commercial developments, making it an ideal location to attract local customers. The road is accessible via public transportation, including the nearby MTR, which enhances foot traffic essential for retail and catering businesses. Additionally, the area features commercial complexes and proximity to thriving business centers, contributing to a dynamic market environment. This combination of high accessibility, a diverse customer base, and a flourishing commercial atmosphere makes Tsat Tsz Mui Road an optimal choice for leasing retail space in Hong Kong.

How much does it cost to rent a shop on Tsat Tsz Mui Road, North Point, Hong Kong?

The cost to rent a shop on Tsat Tsz Mui Road in North Point, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. Generally, retail rental prices on Tsat Tsz Mui Road range from HKD 80 to HKD 200 per square foot per month, with ground floor shops commanding higher rents than upper floor units. A typical small shop of 300-500 square feet might cost between HKD 25,000 to HKD 80,000 per month, while larger retail spaces can exceed HKD 100,000 monthly. North Point's Tsat Tsz Mui Road is considered a secondary commercial area compared to prime shopping districts, making it more affordable for small businesses and local retailers. Rental costs may also include additional charges such as management fees, air conditioning costs, and government rates. Prospective tenants should budget for security deposits equivalent to 2-3 months rent plus the first month's rent in advance. For the most current rental rates on Tsat Tsz Mui Road shops, it's recommended to consult local commercial real estate agents who specialize in North Point properties, as market prices fluctuate based on Hong Kong's dynamic retail property market.

What's the foot traffic like on Tsat Tsz Mui Road, Causeway Bay, Hong Kong?

Tsat Tsz Mui Road in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when the area's numerous retail outlets, restaurants, and commercial establishments attract both locals and tourists. Located in one of Hong Kong's busiest shopping districts, this road connects major commercial areas and serves as a key pedestrian route between popular destinations like Times Square, Sogo department store, and various shopping centers. The foot traffic on Tsat Tsz Mui Road typically increases significantly during lunch hours (12-2 PM) and evening periods (6-9 PM) when office workers and shoppers frequent the area's dining establishments and retail stores. Weekends and public holidays see the heaviest pedestrian flow as Causeway Bay remains one of Hong Kong's most visited shopping and entertainment districts, making Tsat Tsz Mui Road a consistently busy thoroughfare for both foot traffic and commercial activity. The road's proximity to Causeway Bay MTR station and major bus routes also contributes to its steady stream of pedestrians throughout operating hours.