Shops for Rent on Humphreys Avenue, Hong Kong

Newly Built Commercial Shop in Tsim Sha Tsui Center

HK$673,020 monthly

Humphreys Avenue

Shop

Tsim Sha Tsui

3,739

Sq. Ft.

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, Tsim Sha Tsui, Hong Kong?

Humphreys Avenue is a short street off Nathan Road in the heart of Tsim Sha Tsui, a few minutes' walk from Tsim Sha Tsui MTR station. Its foot traffic is steady and mixed, drawing tourists staying in nearby hotels and guesthouses, office workers and local shoppers moving between Nathan Road and the streets to the west. It is quieter than Nathan Road itself, but still sees regular pedestrian flow through the day and into the evening. The busiest periods are afternoons, evenings and weekends, when shoppers and visitors fill the district. The street suits mid-market retail, cosmetics and pharmacy stores, money changers, casual restaurants and service businesses that benefit from both tourist and local trade.