Shops for Rent on Tsz Mi Alley, Hong Kong

Why rent a shop on Tsz Mi Alley, Sai Ying Pun, Hong Kong?

Renting a shop on Tsz Mi Alley in Hong Kong offers a strategic location within the vibrant Sai Ying Pun area, known for its blend of traditional charm and modern urban life. This alley is situated in the Central and Western District, a hub that attracts diverse foot traffic including locals and tourists seeking unique retail experiences. Renting a shop here provides access to a well-established community and the dynamic market of Hong Kong Island, benefiting from nearby residential areas and commercial activities. The location’s proximity to major transport links enhances visibility and convenience for customers, making it an ideal choice for businesses aiming to capitalize on a mix of local loyalty and tourist visitation. Overall, Tsz Mi Alley presents a unique opportunity for retailers to establish presence in a culturally rich and accessible part of Hong Kong.

How much does it cost to rent a shop on Tsz Mi Alley, Sai Ying Pun, Hong Kong?

The cost to rent a shop on Tsz Mi Alley in Sai Ying Pun, Hong Kong varies significantly depending on the size, condition, and exact location of the property. Ground floor retail spaces on Tsz Mi Alley typically range from HK$15,000 to HK$45,000 per month for smaller units of 200-500 square feet, while larger commercial spaces can command rents of HK$50,000 to HK$100,000 monthly. The rental price per square foot in this area of Sai Ying Pun generally falls between HK$80 to HK$150, making it more affordable compared to prime shopping districts like Central or Causeway Bay. Factors affecting shop rental costs on Tsz Mi Alley include foot traffic, proximity to MTR stations, storefront visibility, and the overall condition of the building. Prospective tenants should also budget for additional expenses such as management fees, utilities, government rates, and a security deposit equivalent to 2-3 months rent. Due to Hong Kong's dynamic property market, it's advisable to consult with local commercial real estate agents for the most current rental rates and availability on Tsz Mi Alley.

What's the foot traffic like on Tsz Mi Alley, Causeway Bay, Hong Kong?

Tsz Mi Alley in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends when the surrounding Causeway Bay district attracts both locals and tourists. Located in one of Hong Kong's busiest commercial areas near Times Square and Sogo department store, the alley benefits from the constant flow of pedestrians moving between major shopping destinations, MTR stations, and nearby restaurants. Foot traffic typically intensifies during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers frequent the area. Weekend foot traffic on Tsz Mi Alley tends to be consistently high from late morning through evening as Causeway Bay serves as a major retail hub for both domestic and international visitors. The pedestrian volume can vary depending on seasonal shopping periods, public holidays, and weather conditions, but the alley generally maintains steady activity due to its strategic location within the Causeway Bay shopping district and proximity to major transportation hubs including Causeway Bay MTR station.