F&B Units for Rent on Tim Mei Avenue, Hong Kong
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Why rent a restaurant on Tim Mei Avenue, Admiralty, Hong Kong?
Renting a restaurant on Tim Mei Avenue in Admiralty, Hong Kong offers exceptional business opportunities in one of the city's most prestigious commercial districts. Located in the heart of Hong Kong's central business district, Tim Mei Avenue provides unparalleled access to thousands of office workers, tourists, and residents who frequent the area daily. The strategic location near major shopping centers like Pacific Place, luxury hotels, and government offices ensures a steady stream of potential customers throughout the day. Restaurants on Tim Mei Avenue benefit from excellent transportation connectivity with direct access to Admiralty MTR station, making it easily accessible from all parts of Hong Kong. The area's reputation as a high-end dining destination attracts both local professionals seeking quality lunch options and international visitors looking for premium dining experiences. Additionally, the avenue's proximity to Hong Kong Park and the Convention and Exhibition Centre creates opportunities for catering to diverse clientele, from business meetings to special events. The prestige associated with having a restaurant address on Tim Mei Avenue, Admiralty enhances brand credibility and can justify premium pricing, making it an ideal location for restaurateurs seeking to establish a successful and profitable dining establishment in Hong Kong's competitive food and beverage market.
How much does it cost to rent a restaurant on Tim Mei Avenue, Admiralty, Hong Kong?
The cost to rent a restaurant on Tim Mei Avenue in Admiralty, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the property. Restaurant rental prices on Tim Mei Avenue vary significantly based on factors such as ground floor versus upper floor locations, with street-level establishments commanding premium rates due to higher foot traffic and visibility. Most restaurant spaces for rent in this prime Admiralty district require substantial upfront costs including security deposits equivalent to 3-6 months rent, plus additional fees for licensing and fit-out expenses. Given Tim Mei Avenue's strategic location near Central and excellent transport links, restaurant rental costs have remained competitive with other premium Hong Kong commercial areas, making it an attractive but expensive option for food and beverage businesses. Prospective tenants should budget between HK$50,000 to HK$300,000 monthly for a typical restaurant space, with smaller cafes and takeaway establishments at the lower end and full-service restaurants with premium locations commanding higher rental rates.
What type of restaurant can be found on Tim Mei Avenue, Causeway Bay, Hong Kong?
Tim Mei Avenue in Causeway Bay, Hong Kong features a diverse collection of restaurants that cater to both local and international tastes. This vibrant dining destination is home to upscale Cantonese restaurants serving traditional dim sum and roasted meats, contemporary Asian fusion establishments, Japanese sushi bars and ramen shops, Korean barbecue restaurants, and Western-style cafes and bistros. Visitors to Tim Mei Avenue can find everything from luxury fine dining venues offering premium seafood and authentic Hong Kong cuisine to casual eateries perfect for quick meals while shopping in the bustling Causeway Bay district. The restaurant scene on Tim Mei Avenue reflects Hong Kong's multicultural food culture, with many establishments open late into the evening to accommodate the area's busy retail and entertainment schedule. Whether seeking traditional Cantonese roast duck, fresh sashimi, spicy Korean dishes, or international comfort food, Tim Mei Avenue's restaurant offerings make it a popular dining destination for both tourists exploring Causeway Bay and local Hong Kong residents looking for quality meals in a convenient location.