F&B Units for Rent on Hung Hom Wan Street, Hong Kong

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

Renting a restaurant on Hung Hom Wan Street in Hung Hom, Hong Kong offers exceptional business opportunities due to its strategic location and thriving commercial environment. This bustling street benefits from high foot traffic generated by nearby residential complexes, office buildings, and the proximity to Hung Hom Station, one of Hong Kong's major transportation hubs connecting to mainland China via high-speed rail. The area attracts both local residents and tourists, providing a diverse customer base for restaurant operators. Hung Hom Wan Street features competitive rental rates compared to prime Central or Tsim Sha Tsui locations while still offering excellent visibility and accessibility. The neighborhood's growing reputation as a dining destination, combined with ample parking facilities and easy access from multiple MTR lines, makes it an ideal location for restaurants seeking to establish a strong presence in Kowloon. Additionally, the street's mix of commercial and residential properties ensures steady daytime and evening traffic, while the area's ongoing urban development projects promise continued growth and increased customer flow for restaurant businesses.

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

The cost to rent a restaurant on Hung Hom Wan Street in Hung Hom, Hong Kong typically ranges from HK$40,000 to HK$120,000 per month depending on the size, location, and condition of the property. Ground floor restaurant spaces with street frontage on Hung Hom Wan Street command premium prices due to high foot traffic and visibility, often starting at HK$60 per square foot monthly. Smaller restaurant units of 500-800 square feet may cost between HK$30,000 to HK$50,000 monthly, while larger establishments exceeding 1,500 square feet can reach HK$100,000 or more per month. Additional costs for restaurant rental in Hung Hom include management fees, rates, government rent, and potential key money deposits which can add 20-30% to the base rental cost. Restaurant operators should also budget for necessary licensing fees, renovation costs, and equipment installation when calculating the total investment required to open a restaurant on Hung Hom Wan Street. The rental market in this area remains competitive due to its proximity to the Hung Hom MTR station and growing residential developments, making early negotiation and professional property consultation essential for securing favorable lease terms.

What type of restaurant can be found on Hung Hom Wan Street, Causeway Bay, Hong Kong?

Hung Hom Wan Street in Causeway Bay, Hong Kong, is home to a diverse array of restaurant types that cater to both locals and tourists visiting this bustling shopping district. The street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), international cuisine establishments including Japanese sushi bars, Korean BBQ restaurants, and Western-style cafes. Visitors can also find popular Hong Kong street food vendors, seafood restaurants specializing in fresh catches, and upscale dining establishments offering fusion cuisine. The restaurant scene on Hung Hom Wan Street reflects Causeway Bay's cosmopolitan nature, with everything from budget-friendly local eateries serving wonton noodles and roast duck to high-end restaurants perfect for business dinners or special occasions. Many of these restaurants stay open late into the evening, making Hung Hom Wan Street a popular dining destination for those exploring Causeway Bay's vibrant nightlife and shopping scene.