F&B Units for Rent on Cheong Wan Road, Hong Kong

Why rent a restaurant on Cheong Wan Road, Hung Hom, Hong Kong?

Renting a restaurant on Cheong Wan Road in Hung Hom, Hong Kong offers exceptional business opportunities due to its strategic location and high foot traffic. This bustling area provides easy access to both local residents and tourists, with excellent transportation links including nearby MTR stations and bus routes that ensure steady customer flow throughout the day. Cheong Wan Road restaurants benefit from the diverse demographic mix of office workers, families, and young professionals who frequent the area for dining options. The rental costs are typically more affordable compared to prime Central or Tsim Sha Tsui locations while still maintaining strong visibility and accessibility. Restaurant operators can capitalize on the growing food scene in Hung Hom, which has become increasingly popular among food enthusiasts seeking authentic local cuisine and innovative dining experiences. The area's proximity to major commercial developments and residential complexes ensures a reliable customer base, while the vibrant street-level atmosphere creates an inviting environment for restaurant businesses. Additionally, Cheong Wan Road offers flexible lease terms and various property sizes suitable for different restaurant concepts, from casual eateries to upscale dining establishments, making it an ideal location for entrepreneurs looking to establish or expand their food and beverage business in Hong Kong.

How much does it cost to rent a restaurant on Cheong Wan Road, Hung Hom, Hong Kong?

The cost to rent a restaurant on Cheong Wan Road in Hung Hom, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month depending on the size, location, and condition of the property. Restaurant rental prices on Cheong Wan Road vary significantly based on factors such as floor area, street frontage, foot traffic, and proximity to MTR stations. Ground floor restaurant spaces with good visibility generally command higher rents, often between HK$40 to HK$120 per square foot monthly, while upper floor locations may offer more affordable options starting from HK$20 to HK$60 per square foot. Hung Hom restaurant rental costs have remained relatively stable compared to prime commercial districts in Central or Tsim Sha Tsui, making Cheong Wan Road an attractive option for restaurateurs seeking reasonable rent in a well-connected area. Additional costs to consider when renting a restaurant space include government rates, management fees, utility deposits, and potential renovation expenses, which can add 15-25% to the base monthly rent. Prospective tenants should also factor in key money or premium payments, which may range from 2-6 months rent depending on market conditions and property desirability along this popular Hung Hom dining street.

What type of restaurant can be found on Cheong Wan Road, Causeway Bay, Hong Kong?

Cheong Wan Road in Causeway Bay, Hong Kong offers a diverse array of restaurant types that cater to both locals and tourists visiting this bustling shopping district. The street features everything from traditional Cantonese dim sum restaurants and authentic Hong Kong-style tea houses to modern international cuisine establishments including Japanese sushi bars, Korean BBQ restaurants, and Western-style cafes. Visitors can find popular Hong Kong chain restaurants serving local favorites like wonton noodles and roast duck, alongside upscale dining venues offering fine dining experiences. The area is particularly known for its casual eateries and street food stalls that serve quintessential Hong Kong dishes such as egg waffles, fish balls, and milk tea. Many restaurants on Cheong Wan Road stay open late into the night, making it a popular destination for both lunch crowds from nearby offices and evening diners exploring Causeway Bay's vibrant food scene. The restaurant selection ranges from budget-friendly local joints to mid-range family restaurants, ensuring dining options for every taste preference and budget while shopping or exploring the famous Causeway Bay district.