F&B Units for Rent on Tsoi Tak Street, Hong Kong

Why rent a restaurant on Tsoi Tak Street, Happy Valley, Hong Kong?

Renting a restaurant on Tsoi Tak Street in Happy Valley, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining districts. This prime location benefits from heavy foot traffic from nearby residential complexes, office buildings, and the famous Happy Valley Racecourse, ensuring a steady stream of potential customers throughout the week. Tsoi Tak Street restaurants enjoy excellent accessibility via multiple MTR stations and bus routes, making it convenient for both locals and tourists to visit. The area's diverse demographic includes affluent expatriates, young professionals, and racing enthusiasts, creating demand for various dining concepts from casual eateries to upscale establishments. Restaurant rental costs on Tsoi Tak Street remain competitive compared to Central or Causeway Bay while still offering high visibility and strong commercial potential. The street's established food scene creates a dining destination effect, where customers specifically travel to the area to explore multiple restaurant options, increasing the likelihood of discovering new venues. Additionally, Happy Valley's mix of residential towers and commercial spaces provides opportunities for both lunch and dinner service, weekend family dining, and special event catering, making a Tsoi Tak Street restaurant rental an attractive investment for food and beverage entrepreneurs seeking success in Hong Kong's competitive market.

How much does it cost to rent a restaurant on Tsoi Tak Street, Happy Valley, Hong Kong?

The cost to rent a restaurant on Tsoi Tak Street in Happy Valley, Hong Kong typically ranges from HKD 80,000 to HKD 200,000 per month, depending on the size, location along the street, and condition of the property. Restaurant rental prices on Tsoi Tak Street vary significantly based on factors such as floor area, which can range from 500 to 2,000 square feet for most available commercial spaces, street-level visibility, and proximity to Happy Valley Racecourse and other popular attractions. Ground floor restaurant spaces with prime street frontage command higher rents, often between HKD 150 to HKD 300 per square foot monthly, while upper floor dining establishments may cost HKD 80 to HKD 150 per square foot. Additional costs for renting a restaurant in Happy Valley include security deposits equivalent to 3-6 months rent, legal fees, renovation expenses, and monthly management fees. Prospective restaurant operators should budget for total initial costs of HKD 500,000 to HKD 1.5 million when considering a restaurant rental on Tsoi Tak Street, making it essential to consult with local commercial real estate agents who specialize in Happy Valley restaurant properties for current market rates and available listings.

What type of restaurant can be found on Tsoi Tak Street, Causeway Bay, Hong Kong?

Tsoi Tak Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that cater to both local and international tastes. This bustling street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), upscale Chinese dining establishments, and various Asian cuisine options including Japanese, Korean, and Thai restaurants. Visitors to Tsoi Tak Street can also find Western dining options, fast-food chains, coffee shops, and trendy cafes that reflect Causeway Bay's cosmopolitan atmosphere. The street is particularly known for its mix of affordable local eateries serving Hong Kong comfort food alongside more sophisticated dining venues, making it a popular destination for food enthusiasts exploring the vibrant culinary scene of Causeway Bay. Many of these restaurants on Tsoi Tak Street offer both indoor seating and some feature outdoor dining areas, providing diners with multiple options to enjoy their meals while experiencing the energetic street life that characterizes this popular Hong Kong shopping and dining district.