Shops for Rent on Humphreys Avenue, Hong Kong
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Why rent a shop on Humphreys Avenue, Tsim Sha Tsui, Hong Kong?
Renting a shop on Humphreys Avenue in Hong Kong offers a strategic advantage due to its prime location in the bustling Tsim Sha Tsui district, known as a major shopping and business hub. Humphreys Avenue benefits from high foot traffic generated by nearby luxury retail malls, popular tourist attractions, and convenient access to public transportation including the Tsim Sha Tsui MTR Station, taxis, and bus routes. The area is home to specialized commercial buildings like Grand Centre, which hosts numerous professional and retail tenants, ensuring a vibrant commercial environment. This makes Humphreys Avenue an ideal choice for businesses seeking visibility, accessibility, and proximity to a diverse customer base in one of Hong Kong's most dynamic urban centers.
How much does it cost to rent a shop on Humphreys Avenue, Tsim Sha Tsui, Hong Kong?
The cost to rent a shop on Humphreys Avenue in Tsim Sha Tsui, Hong Kong varies significantly depending on the property size, location along the street, and current market conditions. Retail rental prices on Humphreys Avenue typically range from HK$80 to HK$200 per square foot per month, with ground floor units commanding premium rates due to their high foot traffic and visibility. Smaller shops of 200-500 square feet may cost between HK$25,000 to HK$60,000 monthly, while larger retail spaces exceeding 1,000 square feet can reach HK$150,000 or more per month. Properties closer to major shopping areas like Canton Road or Nathan Road generally demand higher rents due to increased pedestrian flow and tourist activity. Additional costs for renting a shop on Humphreys Avenue include management fees, rates, government rent, utilities, and potential key money or security deposits equivalent to 2-3 months rent. Market fluctuations, economic conditions, and seasonal tourism patterns in Tsim Sha Tsui can also impact rental pricing, making it essential to consult current property listings and engage local commercial real estate agents for accurate, up-to-date rental quotations on Humphreys Avenue shop spaces.
What's the foot traffic like on Humphreys Avenue, Causeway Bay, Hong Kong?
Humphreys Avenue in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak shopping hours and weekends when visitors flock to the nearby Times Square shopping mall and Sogo department store. Located in one of Hong Kong's busiest commercial districts, Humphreys Avenue serves as a connecting street between major shopping areas, resulting in steady pedestrian flow from both local residents and international tourists. The foot traffic on Humphreys Avenue typically peaks between 11 AM to 9 PM on weekdays and remains consistently busy on weekends, with the heaviest congestion occurring during lunch hours (12 PM to 2 PM) and evening shopping periods (6 PM to 8 PM). The street's proximity to Causeway Bay MTR station, multiple bus stops, and popular retail destinations like Russell Street and Percival Street ensures a continuous stream of pedestrians, making Humphreys Avenue an attractive location for retail businesses and commercial establishments seeking high visibility and customer accessibility in Hong Kong's prime shopping district.
