Where to Open a Retail Pavilion on Byron Avenue in Kharkiv to Make a Profit from Month 1?
Renting a retail pavilion on an avenue that spans two districts of Kharkiv (Slobidskyi and Osnovianskyi) is an ideal solution if you need high foot and car traffic. Byron Avenue is a major street connecting Aerokosmichnyi Avenue (formerly Gagarina) and Sviatoslav Richter Avenue (formerly Lev Landau), reaching the Novi Domy residential areas.
Why Should You Rent Retail Space on Byron Avenue?
- High population density. Many high-rise apartment buildings create residential areas that guarantee a steady flow of customers looking for everyday goods close to home.
- Steady foot traffic. There are many public transport stops (trolleybuses and minibuses) along the avenue.
- Flexibility and low starting cost. Renting a small retail unit is much cheaper than renting space in a shopping center. Also, a good location right on the main street will bring good income in the first months.
Keep in mind that different spots on the avenue have different features depending on what is nearby. Here are a few good locations.
Infectious Diseases Hospital No. 22 (near Petro Hryhorenko Avenue)
This area has a constant stream of target customers (patients, medical staff, visitors). However, keep in mind that people here have specific needs:
- Pharmacy items (antiseptics, disposable masks, medical sheets, shoe covers, basic hygiene products, and medicine).
- Food and drinks (packaged meals, snacks, pastries, bottled water, coffee, and tea to go).
- Everyday items (disposable tableware and phone chargers).
Kommunalnyi Market Area
A busy place with great foot traffic where people come specifically to shop. Both street vendors and organized stores work here. The most popular goods and services include:
- Fresh food (meat, fish, fruit, vegetables, and bakery products).
- Repair services (phone and electronics repair, key cutting).
- Street food (hot dogs, shawarma, burgers, and more).
Intersection with Aerokosmichnyi Avenue
This is an important transport hub right at the entry to the district. You get predictable customer flow during peak hours when people travel to and from work. Great options for business here include:
- Beauty services (express haircuts, manicures, and eyebrow shaping).
- Household goods (cleaning products and home supplies).
- Food items (sweets, pastries, and frozen convenience food).