Shops for Rent on Minden Avenue, Hong Kong

Why rent a shop on Minden Avenue, Tsim Sha Tsui, Hong Kong?

Renting a shop on Minden Avenue in Hong Kong offers an exceptional opportunity due to its prime location in the vibrant heart of Tsim Sha Tsui, Kowloon. Minden Avenue is renowned as Kowloon’s answer to Lan Kwai Fong, making it a hotspot for stylish bars, bistros, and restaurants that attract both local and international visitors. Shops here vary in size from 425 to over 11,000 square feet, providing versatile options for different retail businesses. The area benefits from excellent transport links, with MTR stations and Nathan Road just a minute’s walk away, plus close proximity to world-class hotels, popular shopping destinations, cultural attractions, and an adjoining car park. This combination of a trendy dining and entertainment environment, strategic location, and diverse retail space makes renting a shop on Minden Avenue ideal for businesses seeking high visibility and a dynamic customer base in Hong Kong.

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

The cost to rent a shop on Minden Avenue in Tsim Sha Tsui, Hong Kong varies significantly depending on location, size, and property condition, with retail rental prices typically ranging from HK$80 to HK$200 per square foot per month. Ground floor shops on Minden Avenue command premium rates due to the street's proximity to major shopping areas like Canton Road and Nathan Road, making it a highly sought-after retail location in one of Hong Kong's busiest tourist districts. Smaller retail units of 200-500 square feet may cost between HK$25,000 to HK$80,000 monthly, while larger premium storefronts can exceed HK$150,000 per month depending on exact positioning and foot traffic. Minden Avenue shop rental costs are influenced by factors including street-level visibility, nearby luxury hotels and shopping centers, tourist foot traffic, and the general strong demand for Tsim Sha Tsui commercial real estate. Prospective tenants should also budget for additional costs such as management fees, government rates, utility deposits, and typically three months advance rent plus security deposits when securing a retail lease on this prime Hong Kong shopping street.

What's the foot traffic like on Minden Avenue, Causeway Bay, Hong Kong?

Minden 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 surrounding retail districts. The street serves as a key pedestrian thoroughfare connecting major shopping areas, with foot traffic typically heaviest between 11 AM to 9 PM when local businesses, restaurants, and commercial establishments are most active. Weekday foot traffic on Minden Avenue tends to be steady with office workers and local residents, while weekends see significantly increased pedestrian activity due to tourists and shoppers visiting Causeway Bay's numerous shopping centers, department stores, and dining venues. The proximity to Causeway Bay MTR station and major bus routes ensures consistent pedestrian flow, making Minden Avenue a bustling street that reflects the vibrant commercial energy characteristic of this prime Hong Kong shopping district.