Shops for Rent on Kimberley Road, Hong Kong

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

Renting a shop on Kimberley Road in Tsim Sha Tsui, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. This bustling street attracts millions of tourists annually, providing consistent foot traffic for retail businesses, restaurants, and service providers. Kimberley Road's strategic position near major shopping centers like Harbour City and The One, combined with its proximity to luxury hotels and transportation hubs including the Star Ferry and MTR stations, ensures maximum visibility and accessibility for customers. The area's diverse mix of international visitors and local residents creates a lucrative market for various business types, from fashion boutiques and electronics stores to dining establishments and beauty services. Additionally, Tsim Sha Tsui's reputation as a premier shopping and entertainment destination means that businesses on Kimberley Road benefit from the district's strong brand recognition and established commercial ecosystem. The competitive rental rates compared to other prime locations in Central or Causeway Bay, combined with flexible lease terms and modern retail spaces, make Kimberley Road an attractive investment for both established retailers and emerging entrepreneurs looking to establish their presence in Hong Kong's dynamic retail market.

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

The cost to rent a shop on Kimberley Road in Tsim Sha Tsui, Hong Kong varies significantly depending on location, size, and floor level, with ground floor retail spaces typically commanding the highest premiums. As of 2024, monthly rental rates for shops on Kimberley Road generally range from HK$80 to HK$300 per square foot, with prime ground floor locations near the Nathan Road intersection reaching the upper end of this spectrum. Smaller retail units of 200-500 square feet can expect monthly rents between HK$30,000 to HK$80,000, while larger shops exceeding 1,000 square feet may cost HK$150,000 to HK$400,000 per month. Upper floor retail spaces and basement level shops typically offer more affordable options, with rates potentially 20-40% lower than ground floor premises. Factors affecting Kimberley Road shop rental costs include proximity to MTR stations, foot traffic volume, building condition, lease terms, and seasonal market fluctuations in the competitive Tsim Sha Tsui retail district. Prospective tenants should also budget for additional costs including management fees, rates, government rent, utility deposits, and renovation expenses when calculating total occupancy costs for retail spaces in this prime Hong Kong shopping area.

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

Kimberley Road 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, Kimberley Road attracts thousands of visitors daily due to its proximity to major shopping centers like Times Square, SOGO department store, and Lee Theatre Plaza. The foot traffic on Kimberley Road typically peaks during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm, when office workers, tourists, and locals converge for shopping, dining, and entertainment. Weekends see particularly heavy pedestrian traffic as the area becomes a popular destination for both international tourists and Hong Kong residents exploring the numerous fashion boutiques, restaurants, and cafes that line the street. The consistent high volume of foot traffic on Kimberley Road Causeway Bay makes it an extremely valuable location for retail businesses, with the area maintaining its status as one of Hong Kong's most expensive commercial real estate markets due to the reliable stream of potential customers walking through this vibrant shopping corridor.