F&B Units for Rent on Cheong Hang Road, Hong Kong
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Why rent a restaurant on Cheong Hang Road, Hung Hom, Hong Kong?
Renting a restaurant on Cheong Hang Road, Hung Hom, Hong Kong offers exceptional business opportunities for restaurateurs seeking prime commercial real estate in one of Kowloon's most strategically located districts. This bustling area provides excellent foot traffic from both local residents and tourists, with convenient access to public transportation including the Hung Hom MTR station and ferry terminals connecting to Hong Kong Island. The diverse demographic mix in Hung Hom creates a steady customer base for various dining concepts, from casual eateries to upscale establishments. Restaurant rental properties on Cheong Hang Road benefit from the area's ongoing urban development, proximity to major residential complexes, and growing commercial infrastructure. The location offers competitive rental rates compared to more expensive districts like Central or Tsim Sha Tsui, while still maintaining high visibility and accessibility for diners. Additionally, Hung Hom's position as a transportation hub ensures consistent daily traffic flow, making it an ideal spot for restaurants targeting both working professionals and leisure diners throughout Hong Kong.
How much does it cost to rent a restaurant on Cheong Hang Road, Hung Hom, Hong Kong?
The cost to rent a restaurant on Cheong Hang Road in Hung Hom, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on the size, location within the street, and condition of the property. Ground floor restaurant spaces with street-facing frontage command premium rents of HK$50,000 to HK$80,000 monthly, while smaller or upper-floor restaurant units may rent for HK$25,000 to HK$45,000 per month. Cheong Hang Road restaurant rental prices are influenced by factors such as foot traffic, proximity to the Hung Hom MTR station, available parking spaces, and the presence of existing restaurant equipment or kitchen facilities. Most landlords in the Hung Hom area require a security deposit equivalent to 2-3 months rent, plus the first month's rent in advance, making the initial cost to rent a restaurant on Cheong Hang Road approximately HK$75,000 to HK$320,000 upfront. Restaurant operators should also budget for additional costs including government licensing fees, utilities setup, and potential renovation expenses when calculating the total investment required for renting restaurant space in this popular Kowloon district.
What type of restaurant can be found on Cheong Hang Road, Causeway Bay, Hong Kong?
Cheong Hang Road in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various dining preferences and budgets. This bustling street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, upscale seafood establishments, international cuisine including Japanese sushi bars, Korean BBQ joints, and Western dining options. Visitors to Cheong Hang Road can also find popular chain restaurants, local noodle shops specializing in wonton and beef brisket noodles, hotpot restaurants, and casual dining spots perfect for both tourists and locals. The area is particularly known for its mix of affordable street food vendors and mid-range family restaurants, making Causeway Bay's Cheong Hang Road a prime dining destination that showcases Hong Kong's rich culinary culture alongside international flavors in one convenient location.