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BOC Hong Kong (2388) will next month close its flagship branch in Mong Kok near ``Sneaker Street'' to rent out most of the premises to a sports shoe retailer for just HK$780,000 per month.存倉 The 48 Shantung Street branch of the SAR's second-largest bank by assets was spread over two floors and 4,490 square feet, with 2,190 sq ft on the ground floor. The lender will lease the shop to the Wan Kee Group, reserving just 250 sq feet for its ATM machines, an agent close to the deal said.BOC Hong Kong originally sought HK$900,000 monthly. A subsidiary of the bank bought the shop in 1976 for just HK$2.558 million. It was then transferred to BOC Hong Kong for HK$153 million in 2011. Meanwhile, electronic applia儲存ces retailer Broadway will next year expand its 28 Soy Street shop - paying HK$1.22 million per month for a 6,800 sq ft two-story space next door that is currently occupied by Pizza Hut. The pizza chain currently pays HK$950,000. Elsewhere in the retail sector, more pharmacies are opening up amid rising demand among mainland visitors. That includes one pharmacy operator who will pay HK$420,000 a month to jeans retailer Texwood for a two-story 2,100 sq ft shop space at 503 Lockhart Road. Former Provisional Urban Council chairman Ronald Leung Ding-bong also rented his 450 sq ft shop on King Lung Street in Causeway Bay to a pharmacy. It will pay HK$230,000 per month, a 15 percent hike in rent. KAREN CHIU 迷你倉