Shops for Rent on Ashley Road, Hong Kong

Why rent a shop on Ashley Road, Tsim Sha Tsui, Hong Kong?

Renting a shop on Ashley Road, Hong Kong, offers a strategic location in the vibrant Tsim Sha Tsui district, known for its dense concentration of shopping, dining, and entertainment options. Ashley Road is ideally situated between Nathan Road and Canton Road, two of Hong Kong's busiest and most famous shopping streets, making it a high-traffic area attractive to both local shoppers and tourists. The street features a variety of dining establishments serving popular local, Chinese, European, Japanese, and Korean cuisines, attracting diverse crowds throughout the day and into the night. This mix of retail and food venues creates excellent business opportunities for retailers looking to capitalize on the bustling foot traffic and the area's dynamic atmosphere. Furthermore, Ashley Road has convenient links to nearby arcades and shopping complexes, enhancing customer accessibility and providing a vibrant commercial environment, ideal for businesses aiming to establish a strong presence in one of Hong Kong’s prime shopping districts. Renting here benefits from both the heavy shopper density of adjacent main roads and the opportunity to attract customers seeking a place to rest and dine during their shopping trips.

How much does it cost to rent a shop on Ashley Road, Tsim Sha Tsui, Hong Kong?

The cost to rent a shop on Ashley Road in Tsim Sha Tsui, Hong Kong varies significantly depending on location, size, and floor level, with ground floor retail spaces commanding premium prices due to high foot traffic and prime positioning. Shop rental prices on Ashley Road typically range from HK$80 to HK$300 per square foot per month, with street-level storefronts facing the highest demand and costs. Smaller retail units of 200-500 square feet may cost between HK$30,000 to HK$80,000 monthly, while larger flagship stores can exceed HK$200,000 per month depending on exact positioning along this busy shopping corridor. Upper floor commercial spaces generally offer more affordable alternatives at HK$40 to HK$120 per square foot monthly, making them attractive options for businesses not requiring street-level visibility. Additional costs include management fees, rates, government rent, and security deposits equivalent to 2-3 months rent, which should be factored into total occupancy expenses. Ashley Road shop rental markets remain competitive due to the area's status as a major tourist shopping destination and excellent transport connectivity, with prime corner units and those near MTR exits commanding the highest premiums in Tsim Sha Tsui's retail property market.

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

Ashley 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. Located in the heart of Causeway Bay's prime shopping district, Ashley Road sees constant streams of locals and tourists moving between major shopping destinations like Times Square, SOGO department store, and numerous fashion boutiques. Peak foot traffic occurs during weekends, public holidays, and evening hours from 6 PM to 10 PM when office workers join shoppers and diners exploring the area's restaurants and entertainment venues. The pedestrian volume on Ashley Road is particularly intense during major shopping seasons such as Chinese New Year, summer sales periods, and Christmas, when the narrow sidewalks become heavily congested. The road's proximity to Causeway Bay MTR station, one of Hong Kong's busiest subway stops, contributes significantly to the high pedestrian density as commuters and visitors use Ashley Road as a main thoroughfare to access the district's commercial attractions. Business owners and retailers on Ashley Road benefit from this consistent heavy foot traffic, which provides excellent visibility and customer exposure throughout most hours of the day.