I agree. There are too many things happening. I'm not sure if you are trying to highlight the street, the sign, the tiles or the lanterns at the back.
I see the obvious color treatment, so are you trying to bring that out?
Photography to a certain extent allows us to replicate what our eye sees and our eyes typically focuses on one thing at a time. So yes, simplicity is the key. Less is definitely more. Good try though, I think with a tighter frame or a slightly different angle, you might have something.