Cosmetic tea restaurant renting core area shop

In terms of rentals, retail sales have improved slightly, and cosmetics and catering have been actively rented.

Cosmetics sales continued to be ideal, retailers are relatively aggressive, such as the ground floor of 535-537 Lockhart Road, Causeway Bay, with an area of ​​about 2,010 square feet, rented out at a monthly price of 825,000 yuan, and a lease of about 410 yuan.

Causeway Bay shop rents 830,000 rents down 20%

It is reported that when the shop was at the peak of retail sales, it was rented by the fashion store Chocoolate for 1.4 million per month. After that, Suning Appliance rented more than 1 million yuan per month. The tenants moved out a few months ago. After several months, they won Zhuo Yue. Cosmetics (00653) was rented at a monthly rate of 825,000 yuan, and the rent fell by about 20%.

In addition, Shop B and C, G/F, 45-47 Carnarvon Road, Tsim Sha Tsui, was about 1,200 square feet. It was rented by the cosmetics store “BB BEAUTY” for 420,000 per month. The shop was rented by the watch shop at 600,000 per month in the early years. Short-term rental by fashion stores, and now cosmetics stores are renting, the new rents fell by about 30%.

In terms of catering, the expansion of the tea restaurant in Mong Kok, the 1,000 square foot shop on the ground floor of Man Wah Shopping Centre in Mong Kok, was leased by Tsui Wah Restaurant (01314) for $300,000 a month, and the rent was about $300. The shop is facing the Langham Place. Esprit Global (00330) rented a duplex shop on the first floor of the building. The brand abandoned the lease earlier. The owner saw that the demand for the duplex shop was reduced, so they re-divided and rented out some of the shops. Tsui Wah Tea Restaurant is currently renting a floor space of Wenhua Shopping Mall with an area of ​​about 2,000 square feet and a monthly rent of about 580,000 yuan.