Tsim Sha Tsui shop tender price of 160 million
the H8 store of Houfu Street in Tsim Sha Tsui launched a market tender with a shop area of about 3,235 square feet and an intentional price of about 160 million yuan.
The property is located on three sides and has a width of about 80 miles. It will be sold as a tenancy agreement. It is now rented by a Spanish restaurant. The monthly rent is about 300,000 yuan and the lease will be until the end of 2020. Dai has continued to say that Tsim Sha Tsui is the core area of traditional tourism, and the storefront of the store is selling well, attracting investors’ attention.
The information shows that a total of more than 3,000 shop transactions were recorded in the lot. It was the first floor of the Jinxing Building, 49-51 Kimberley Road. The total area was about 3,390 square feet, which was about $259 million. Dai said that the bidding project is in a good location, the theme street attracts a large number of people, and the tenants are also stable. It is a rare high-quality rent-collection project in the market. It is suitable for buyers to purchase for long-term investment purposes.