Shops for Rent on Lock Road, Hong Kong

Small Shop for Rent on Lockart Road

HK$67,000 monthly

Lock Road

Shop

Tsim Sha Tsui

480

Sq. Ft.

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

Renting a shop on Lock Road, Hong Kong, offers a strategic location advantage due to its proximity to the bustling Tsim Sha Tsui area and just a two-minute walk from the Tsim Sha Tsui MTR station, providing excellent foot traffic and accessibility. The Lokville Commercial Building on Lock Road is a notable commercial property featuring a mix of office and retail spaces, making it ideal for businesses in beauty, medical, and semi-retail sectors seeking a high-visibility site. Additionally, the area benefits from nearby Grade A office buildings and a vibrant commercial environment, supporting diverse business opportunities. Lock Road also hosts popular local eateries, enhancing the neighborhood’s appeal for both customers and employees. These factors combine to make renting a shop on Lock Road a valuable option for entrepreneurs looking to establish or expand their presence in one of Hong Kong’s prime commercial districts.

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

The cost to rent a shop on Lock 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. Shop rental prices on Lock Road generally range from HK$80 to HK$300 per square foot per month, with prime ground floor locations near the Nathan Road intersection fetching rates at the upper end of this spectrum. Smaller retail units of 200-500 square feet may cost between HK$25,000 to HK$80,000 monthly, while larger shops exceeding 1,000 square feet can command rents of HK$150,000 to HK$400,000 or more per month. Upper floor retail spaces and basement levels typically offer more affordable alternatives, with rental rates 20-40% lower than ground floor premises. Lock Road's strategic position in the heart of Tsim Sha Tsui's shopping district, close to major tourist attractions and MTR stations, makes it one of Hong Kong's most expensive retail rental markets, with landlords often requiring substantial security deposits equivalent to 3-6 months rent plus additional fees for management and utilities.

What's the foot traffic like on Lock Road, Tsim Sha Tsui, Hong Kong?

Lock Road is a short street in the western part of Tsim Sha Tsui, set among the busy grid of shopping streets between Nathan Road and Canton Road. Like much of Tsim Sha Tsui, the surrounding area draws a steady mix of tourists, local shoppers, office workers and hotel guests, and Tsim Sha Tsui MTR station is within walking distance. As a smaller side street, Lock Road carries lighter pedestrian flow than the main roads nearby, but it still benefits from the heavy footfall of the district, particularly in the evenings and at weekends. Rents on such side streets are usually more accessible than on main frontages. It suits restaurants, cafes, beauty services and specialty retailers.