Shops for Rent on Hart Avenue, Hong Kong
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Why rent a shop on Hart Avenue, Tsim Sha Tsui, Hong Kong?
Renting a shop on Hart Avenue, Hong Kong, offers a strategic advantage due to its location in Tsim Sha Tsui, one of the busiest shopping and commercial districts in Kowloon. Hart Avenue is part of a large retail area that attracts over 4.6 million visitors each month, providing high foot traffic and excellent exposure for businesses. The street’s unique Y-shaped design connects major roads like Carnarvon Road and Chatham Road, enhancing accessibility and visibility. Leasing retail space here places your business amid a diverse and vibrant shopping environment, ideal for reaching a broad customer base in one of Hong Kong’s prime retail hubs. This makes Hart Avenue a highly desirable location for shop rentals aiming for maximum customer engagement and commercial success.
How much does it cost to rent a shop on Hart Avenue, Tsim Sha Tsui, Hong Kong?
The cost to rent a shop on Hart Avenue in Tsim Sha Tsui, Hong Kong varies significantly depending on the specific location, size, and condition of the property, with rental prices typically ranging from HK$80 to HK$200 per square foot per month for ground floor retail spaces. Hart Avenue shop rentals in this prime Tsim Sha Tsui district command premium rates due to the area's high foot traffic, proximity to major shopping destinations like Harbour City and Canton Road, and excellent transportation links including the Star Ferry and MTR stations. Smaller retail units of 200-500 square feet on Hart Avenue generally cost between HK$25,000 to HK$60,000 per month, while larger commercial spaces exceeding 1,000 square feet can reach HK$150,000 or more monthly. Factors affecting Hart Avenue rental costs include floor level, street visibility, nearby anchor tenants, lease terms, and current market conditions in the competitive Tsim Sha Tsui retail market. Prospective tenants should also budget for additional expenses such as management fees, rates, government rent, fitting-out costs, and security deposits which typically equal 2-3 months rent when securing a commercial lease on Hart Avenue.
What's the foot traffic like on Hart Avenue, Causeway Bay, Hong Kong?
Hart Avenue 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 premier shopping district, Hart Avenue sees constant streams of both locals and tourists, particularly during weekends and public holidays when foot traffic can reach peak levels. The street connects major shopping destinations including Times Square, SOGO department store, and numerous fashion boutiques, contributing to its heavy pedestrian flow from morning until late evening. Business hours typically see the highest concentration of foot traffic, with lunch hours between 12-2 PM and evening shopping periods from 6-9 PM being particularly crowded. The proximity to Causeway Bay MTR station further amplifies the pedestrian volume, as thousands of commuters and shoppers pass through Hart Avenue daily. During major shopping seasons like Chinese New Year, Christmas, and summer sales periods, foot traffic on Hart Avenue can become extremely congested, often requiring pedestrians to walk at slower speeds due to the sheer volume of people navigating the relatively narrow street space.
