F&B Units for Rent on Peace Avenue, Hong Kong

Why rent a restaurant on Peace Avenue, Ho Man Tin, Hong Kong?

Renting a restaurant on Peace Avenue in Ho Man Tin, Hong Kong offers exceptional business opportunities due to its prime location in one of Kowloon's most accessible neighborhoods. Peace Avenue provides excellent connectivity with nearby MTR stations including Ho Man Tin and Whampoa, ensuring steady foot traffic from both locals and tourists exploring Hong Kong's dining scene. The area benefits from a diverse residential population and proximity to major commercial districts, creating a strong customer base for restaurant businesses. Ho Man Tin's strategic position between Tsim Sha Tsui and Hung Hom makes it an ideal location for restaurants targeting both business professionals and families, while Peace Avenue itself offers competitive rental rates compared to more expensive districts like Central or Causeway Bay. The neighborhood's growing reputation as a foodie destination, combined with ample public transportation options and nearby shopping centers, makes Peace Avenue an attractive choice for entrepreneurs looking to establish a successful restaurant business in Hong Kong's competitive dining market.

How much does it cost to rent a restaurant on Peace Avenue, Ho Man Tin, Hong Kong?

The cost to rent a restaurant on Peace Avenue in Ho Man Tin, Hong Kong typically ranges from HK$40,000 to HK$120,000 per month, depending on the size, location, and condition of the property. Restaurant rental prices on Peace Avenue Ho Man Tin vary significantly based on factors such as floor area, street-level accessibility, existing kitchen facilities, and proximity to MTR stations. Smaller restaurant spaces of 500-800 square feet may cost between HK$40,000 to HK$60,000 monthly, while larger establishments exceeding 1,000 square feet can command rents of HK$80,000 to HK$120,000 or more per month. Additional costs for restaurant rentals in Ho Man Tin include government rates, management fees, utility deposits, and potential renovation expenses to meet food service licensing requirements. Property agents specializing in Hong Kong commercial real estate recommend budgeting an additional 20-30% of monthly rent for these associated costs when planning to rent a restaurant space on Peace Avenue. The Ho Man Tin area's growing residential population and convenient transportation links make Peace Avenue an attractive location for restaurant businesses, contributing to competitive rental pricing in this Kowloon district.

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

Peace Avenue in Causeway Bay, Hong Kong offers a diverse selection of dining establishments that cater to both local and international tastes. Visitors to this bustling street can find traditional Cantonese restaurants serving authentic dim sum and roasted meats, contemporary Asian fusion bistros, popular international chain restaurants, and trendy cafes perfect for casual dining. The area is particularly known for its mix of upscale dining venues and affordable local eateries, including Chinese teahouses, Japanese sushi bars, Korean barbecue restaurants, and Western-style establishments. Food enthusiasts exploring Peace Avenue Causeway Bay will discover everything from quick street food vendors to fine dining restaurants, making it a popular destination for tourists and locals seeking quality meals in one of Hong Kong's most vibrant shopping and entertainment districts. The restaurant scene on Peace Avenue reflects the multicultural dining culture that Causeway Bay is famous for, with many establishments staying open late to accommodate the area's busy nightlife and shopping schedule.