Shops for Rent on Science Museum Path, Hong Kong

Why rent a shop on Science Museum Path, Tsim Sha Tsui, Hong Kong?

Renting a shop on Science Museum Path, Hong Kong, offers a prime location advantage due to its high foot traffic from both tourists and locals visiting the nearby cultural attractions. This area provides excellent visibility and accessibility, making it ideal for retail businesses aiming to attract diverse customer groups. Additionally, being situated near prominent landmarks enhances brand credibility and offers networking opportunities with other businesses in the bustling district. The combination of a vibrant commercial environment and strategic location on Science Museum Path can significantly boost your store's exposure and sales potential.

How much does it cost to rent a shop on Science Museum Path, Tsim Sha Tsui, Hong Kong?

The cost to rent a shop on Science Museum Path in Tsim Sha Tsui, Hong Kong varies significantly depending on the property size, location within the street, and current market conditions. As of 2024, retail rental prices in this prime Tsim Sha Tsui area typically range from HK$80 to HK$200 per square foot per month for ground floor shops, with smaller units of 200-500 square feet commanding monthly rents between HK$30,000 to HK$80,000. Science Museum Path enjoys high foot traffic due to its proximity to the Hong Kong Space Museum, Cultural Centre, and Avenue of Stars, making it a desirable location for retail businesses targeting both tourists and locals. Upper floor retail spaces generally cost 30-50% less than ground floor units, while corner shops or those with better visibility may command premium rates up to 20% above average market prices. Prospective tenants should also budget for additional costs including management fees, rates, government rent, security deposits equivalent to 2-3 months rent, and fitting-out expenses when calculating the total cost of renting retail space on Science Museum Path in Tsim Sha Tsui.

What's the foot traffic like on Science Museum Path, Causeway Bay, Hong Kong?

Science Museum Path in Causeway Bay, Hong Kong experiences moderate to high foot traffic throughout the day, particularly during peak hours and weekends when visitors flock to the nearby Hong Kong Space Museum and Hong Kong Museum of Art. The pedestrian flow on Science Museum Path is heaviest between 10 AM to 6 PM when tourists and locals visit the cultural attractions in the Tsim Sha Tsui area, though it's worth noting that Science Museum Path is actually located in Tsim Sha Tsui rather than Causeway Bay. The pathway sees increased foot traffic during school holidays, public holidays, and evening hours when people enjoy waterfront walks along the nearby Hong Kong Cultural Centre and Avenue of Stars. Weekdays generally have lighter pedestrian traffic compared to weekends, making it easier to navigate for those visiting the museums or accessing the Star Ferry Pier. The foot traffic patterns on Science Museum Path are influenced by the operating hours of nearby attractions, weather conditions, and seasonal tourism trends in Hong Kong.