F&B Units for Rent on Man Kwong Street, Hong Kong

Why rent a restaurant on Man Kwong Street, Central, Hong Kong?

Renting a restaurant on Man Kwong Street in Central, Hong Kong offers exceptional business opportunities in one of the city's most prestigious commercial districts. Located in the heart of Hong Kong's financial center, Man Kwong Street provides excellent foot traffic from office workers, tourists, and residents, ensuring a steady stream of potential customers throughout the day. The area benefits from excellent transportation links, including nearby MTR stations and bus routes, making it easily accessible for diners from across Hong Kong Island and beyond. Central's reputation as a premium dining destination means restaurants on Man Kwong Street can command higher prices while attracting affluent clientele who frequent the numerous multinational corporations, luxury hotels, and high-end retail establishments in the vicinity. The street's proximity to major landmarks like the International Finance Centre, Exchange Square, and various Grade A office buildings creates a captive audience of business professionals seeking quality dining options for meetings, client entertainment, and quick lunches. Additionally, the area's vibrant nightlife and weekend tourist activity provide opportunities for both daytime and evening revenue streams, while the established food and beverage ecosystem on Man Kwong Street offers networking opportunities with other successful restaurateurs and suppliers in Hong Kong's competitive culinary market.

How much does it cost to rent a restaurant on Man Kwong Street, Central, Hong Kong?

Renting a restaurant on Man Kwong Street in Central, Hong Kong typically costs between HK$80,000 to HK$200,000 per month, depending on the size, location within the street, and specific terms of the lease agreement. Man Kwong Street restaurant rental prices are influenced by factors such as floor area, street frontage, building condition, and proximity to major commercial areas in Central district. Ground floor restaurant spaces with good visibility and foot traffic on Man Kwong Street Central generally command higher rental rates, often reaching HK$150 to HK$300 per square foot monthly. Additional costs for restaurant rental in Central Hong Kong include government rates, management fees, utility deposits, and mandatory restaurant licensing fees, which can add approximately 15-25% to the base rental cost. Prospective restaurant operators should budget for initial setup costs, renovation expenses, and security deposits equivalent to 2-3 months rent when considering Man Kwong Street restaurant rental opportunities. Due to Central's premium location and high demand for commercial restaurant spaces, rental prices on Man Kwong Street tend to be higher than other Hong Kong districts, making it essential to conduct thorough market research and negotiate favorable lease terms with property owners or agents specializing in Central district commercial real estate.

What type of restaurant can be found on Man Kwong Street, Causeway Bay, Hong Kong?

Man Kwong Street in Causeway Bay, Hong Kong offers a diverse range of dining establishments that cater to both locals and tourists exploring this vibrant shopping district. The street features traditional Cantonese restaurants serving authentic dim sum and roasted meats, popular local cha chaan tengs (tea restaurants) offering Hong Kong-style milk tea and comfort food, as well as international cuisine options including Japanese, Korean, and Western restaurants. Visitors to Man Kwong Street can also find casual fast food chains, trendy cafes, and upscale dining venues, making it a food lover's destination in the heart of Causeway Bay. The restaurants on Man Kwong Street range from budget-friendly local eateries perfect for experiencing authentic Hong Kong flavors to mid-range establishments ideal for family dining and business meals. Many of these Causeway Bay restaurants stay open late into the evening, accommodating the busy lifestyle of Hong Kong residents and providing convenient dining options for shoppers exploring the nearby Times Square and other popular attractions in the area.