Queen’s Road Middle Floor Shop rents 140,000 flats and 30%
Sportswear brand is one of the main rental shops. FILA rents two shops and rents about 1.4 million to the ground floor of Queen’s Road Central, which is 30% lower than the former tenant Chow Sang Sang. The brand also rents the underground and land of the Mong Kok Ho Lee Commercial Centre. Library, 1.8 million yuan per month.
Yu Daosheng shops shop rent 350
According to market news, a retail rental was recorded in Queen’s Road Central, Central. It covers a total of about 4,000 square feet of section No. 37 and a total of about $4,000 per month. It is leased out at about $1.4 million a month for about $350. The shop is located in the core area of Queen’s Road Central, adjacent to the Wanbang line, and the flow of people is very busy, and the shop floor is very high, and the shape is not bad. It is understood that the shop was rented by the jewelry store Chow Sang Sang for many years. The peak monthly rent is about 4 million yuan. The current monthly rent is about 2 million yuan. According to the latest monthly rent, the rent is about 30%.
It is reported that the new tenant is the Italian sports and leisure brand FILA. The brand has been actively expanded in the past year. In addition to Central, FILA also pre-leased the underground and basement of the Hollywood Business Centre in Sai Yeung Choi Wan South Street, Mong Kok, with a total area of about 6,000 square feet. It has been pre-leased by FILA for about 1.8 million yuan per month and is expected to open in the short term. The shop is located at the West Section of Sai Yeung Choi Street, opposite the Broadway Theatre in Mong Kok. Currently, the shop is rented by the underwear brand 6IXTY8IGHT. After the contract, the brand moves to the Star City shop in the same area. The current shop is rented by FILA, monthly rent and old rent. Similar.
Sportswear into the main force of rental
With the change of retail mode, the core area shop rental transactions, mainly for low-priced goods retail stores, including cosmetics, pharmacies, and sportswear is also the main force of rental. In the case of FILA, in the past year, it has been actively renting in the four major retail core areas. For example, last year, at $1.1 million per month, it was rented at Shop S, G/F, Hong Kong Building, Yee Wo Street, Causeway Bay. It has an area of about 2,000 square feet. In other words, the brand has already rented land in Causeway Bay, Central and Mong Kok in one year. It is expected that the rental prospects will be better than the promotion of the brand.
In terms of rent, in the recent core area rental cases, the rent is still being adjusted. For example, the crystal shop SWAROVSKI recently rented a floor space of RMB 900,000 per month to rent the B and C shops on the ground floor of Chang Kee Building, No. 4 Sai Yeung Choi Street, with a total area of about 1,322 square feet. The rent was about 680 yuan, and the rent was about 34%.