Bonjour 470,000 re-sale of Sai Yeung Choi South Street Shop
Rents in the first line of Mong Kok have not stopped falling, and the rent has been reduced. The local chain cosmetics shop Bonjour (00653) is waiting to expand. It has rented 3 shops in Sai Yeung Choi South Street in less than one year. The latest monthly rent of $475,000 is for the unilateral shop of Sai Yeung Choi South Street and Dundas Street. The number of branches in Sai Yeung Choi South Street has increased to 4, successfully surpassing the main competitor Sa Sa (00178), becoming the cosmetics store with the most branches in the street.
Mr. Ye Derong, Director of Sheraton Wangpu, said that Zhuo Yuegang had rented Shop No. 1 to No. 5 on the ground floor of 41-43 Dundas Street. The construction area was about 1,252 square meters, the monthly rent was 475,000 yuan, and the lease was about 379 yuan. The original tenant of the shop was Fengze, a chain of electrical retailers. It was rented for 550,000 yuan per month three years ago. The latest rent fell by 75,000 yuan or 13.6%.
4 locations in the same location, win the salsa
In the past year, Bonjour has been very active in renting the core area. It is only a section of Sai Yeung Choi South Street from Dundas Street to Argyle Street. The brand has been less than one year since May last year and has been reprimanded for 250,000 per month. Yuan leased the ground floor of 2R Sai Yeung Choi Street South, and rented a ground floor rent of $800,000 for renting the ground floor and loft at 59-61 Sai Yeung Choi Street, plus the latest Dundas Street unilateral floor shop, adding 3 new outlets; The original branch of the Good Hope Corner Building, 13 to 19 Sai Yeung Choi Street, has tripled the number of branches to 4 in one year.
On the contrary, Sasha originally rented 3 shops in the same street at the beginning of last year as a branch, but it was located at the first floor of Yincheng Plaza, No. 2A, Sai Yeung Choi South Street. After the lease expired in November last year, the lease was abandoned and no new shop was added. The number of shops only has one less than Bonjour.