Tuesday, October 13th, 2009
Dear international investors,
I went to survey a retail space in a 7-story building by JR Harajuku station. The building is 50 meters north of popular and populas Takeshita Exit of the JR station from which the Takeshita Street streches eastward.
Takeshita Street is probably the most popular and populas commercial street in Japan. It is particulary popular among teen agers. Because it is so crowded with young people, when you go to Takeshita Street and see those people, you can not help but wonder whether or not they should go to school. The street is bustling with trendy fashion boutiques and restaurants and paralles Omotesando which is also globally famous and is crowded with the world’s first-class fashion boutiques.
So many Japanese and international companies want to have their boutique or restaurant in Harajuku not only because profit is a surety but also their shop will be seen and recognized by so many people including international tourists.
I surveyed rental space in a building a minute-walk from Takeshita Street. Its specs are as follows:
Structure: SRC / 7 stories
Built in: 1993
Floor area: approximately 40 sq. meters
Monthly Rent: 336,000 yen
As soon as I arrived, I felt very positive about the location. It made me feel like having my own coffee shop in the building. There was a long line of people in front of a ramen shop on 1st floor of the building when I went there. I take it that the shop is good.
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