Shops for Rent on Chatham Road North, Hong Kong

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

Renting a shop on Chatham Road North in Hong Kong offers strategic advantages due to its prime location in the bustling Kowloon City district, which connects key areas like Tsim Sha Tsui and Hung Hom. This area benefits from high foot traffic, a mix of commercial and residential buildings, and accessibility via major road routes, making it ideal for retail businesses aiming for visibility and customer reach. Additionally, the long-established nature of the road, with a history dating back to the late 19th century, adds to its prominence and commercial appeal. The diverse nearby amenities, including shopping plazas and transportation links, further enhance the convenience and attractiveness for both merchants and customers looking to shop or do business in this vibrant urban hub. Overall, Chatham Road North provides excellent exposure in one of Hong Kong’s key commercial corridors, supporting business growth and customer engagement.

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

The cost to rent a shop on Chatham Road North in Tsim Sha Tsui, Hong Kong varies significantly depending on factors such as shop size, location along the street, and current market conditions. Ground floor retail spaces on Chatham Road North typically command monthly rents ranging from HKD 80 to HKD 200 per square foot, with prime locations near the Tsim Sha Tsui East waterfront or major shopping areas commanding higher rates. Smaller retail units of 200-500 square feet may cost between HKD 16,000 to HKD 100,000 per month, while larger commercial spaces exceeding 1,000 square feet can reach HKD 200,000 or more monthly. The rental rates on Chatham Road North are generally more affordable compared to Nathan Road or Canton Road in Tsim Sha Tsui, making it an attractive option for businesses seeking visibility in this popular Hong Kong tourist and shopping district. Additional costs such as management fees, government rates, and utility deposits should also be factored into the total rental budget when considering a shop lease on Chatham Road North.

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

Chatham Road North in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian corridors in the city. Located in the heart of Causeway Bay's premier shopping district, this major thoroughfare connects key transportation hubs including Causeway Bay MTR station with popular retail destinations like Times Square, SOGO department store, and numerous luxury boutiques. Peak foot traffic occurs during weekends, public holidays, and evening hours from 6-9 PM when both locals and tourists flock to the area for shopping, dining, and entertainment. The street sees particularly heavy pedestrian flow during major shopping seasons such as Chinese New Year, Christmas, and summer sales periods. Business travelers, office workers from nearby commercial buildings, and shoppers contribute to consistent daytime traffic, while the vibrant nightlife scene ensures steady pedestrian activity well into the evening hours. The combination of world-class shopping centers, restaurants, and excellent public transportation connectivity makes Chatham Road North a constantly bustling area with some of the highest pedestrian densities in Hong Kong's Causeway Bay district.