F&B Units for Rent on Tim Wa Avenue, Hong Kong

Why rent a restaurant on Tim Wa Avenue, Central, Hong Kong?

Renting a restaurant on Tim Wa Avenue in Central, Hong Kong offers exceptional business opportunities in one of the city's most prestigious commercial districts. This prime location provides high foot traffic from office workers, tourists, and residents, ensuring consistent customer flow throughout the day. Tim Wa Avenue's proximity to major business centers, luxury shopping areas, and transportation hubs like Central MTR station makes it easily accessible for both local and international clientele. The area's upscale demographic and strong purchasing power create ideal conditions for restaurant profitability, while the concentrated dining scene attracts food enthusiasts actively seeking new culinary experiences. Additionally, Central's reputation as Hong Kong's financial heart means your restaurant will benefit from corporate dining, business lunches, and after-work entertainment spending. The district's excellent infrastructure, reliable utilities, and established commercial ecosystem provide the perfect foundation for restaurant operations, making Tim Wa Avenue an strategic choice for food and beverage entrepreneurs looking to establish a successful presence in Hong Kong's competitive dining market.

How much does it cost to rent a restaurant on Tim Wa Avenue, Central, Hong Kong?

Renting a restaurant on Tim Wa Avenue in Central, Hong Kong typically costs between HK$80,000 to HK$300,000 per month, depending on the size, location within the street, and condition of the property. Tim Wa Avenue restaurant rental prices are influenced by its prime Central district location, with ground floor units commanding premium rates due to high foot traffic and visibility. Smaller restaurant spaces of 500-800 square feet may start around HK$80,000 monthly, while larger establishments exceeding 1,500 square feet can reach HK$300,000 or more per month. Additional costs for restaurant rental in Central Hong Kong include management fees, government rates, utilities, and often substantial key money or security deposits equivalent to 3-6 months rent. The competitive restaurant market on Tim Wa Avenue means prices fluctuate based on market conditions, lease terms, and specific property features, so prospective tenants should budget for higher costs and consult local commercial real estate agents for current market rates and availability.

What type of restaurant can be found on Tim Wa Avenue, Causeway Bay, Hong Kong?

Tim Wa Avenue in Causeway Bay, Hong Kong features a diverse array of restaurants catering to both local and international tastes. This bustling street is home to traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), Japanese sushi bars, Korean barbecue establishments, and contemporary fusion dining venues. Visitors to Tim Wa Avenue can enjoy everything from street food stalls serving local favorites like fish balls and egg waffles to upscale restaurants offering fine dining experiences. The area is particularly known for its concentration of Asian cuisine restaurants, including Thai, Vietnamese, and Chinese regional specialties, making it a popular dining destination for both tourists and locals exploring Causeway Bay's vibrant food scene. Many of these restaurants on Tim Wa Avenue operate late into the evening, reflecting Hong Kong's dynamic dining culture and providing options for every budget and preference.