Shops for Rent on Hart Avenue, Hong Kong

Small Space on Bustling Hart Avenue in Tsim Sha Tsui

HK$35,000 monthly

Hart Avenue

Shop

Tsim Sha Tsui

280

Sq. Ft.

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, Tsim Sha Tsui, Hong Kong?

Hart Avenue is a short side street in Tsim Sha Tsui, within the grid of streets to the east of Nathan Road and close to Tsim Sha Tsui MTR station. Foot traffic is steady during the day and grows noticeably in the evening, when the street's bars, restaurants and karaoke venues attract office workers, locals and visitors. It is quieter than main shopping streets such as Nathan Road and Canton Road, but its concentration of food and beverage outlets draws a regular evening crowd. Many businesses operate from upper floors as well as ground level. The street suits bars, casual restaurants, late night eateries and small service businesses that benefit from evening and night time trade.