F&B Units for Rent on Chi Wo Street, Hong Kong

Why rent a restaurant on Chi Wo Street, Jordan, Hong Kong?

Renting a restaurant on Chi Wo Street in Jordan, Hong Kong offers exceptional business opportunities in one of Kowloon's most vibrant dining districts. Located in the heart of Jordan, Chi Wo Street provides excellent foot traffic from both locals and tourists, with easy access to the Jordan MTR station and proximity to popular attractions like the Temple Street Night Market. The area boasts a diverse culinary scene that attracts food enthusiasts, making it an ideal location for restaurants looking to establish a strong presence in Hong Kong's competitive F&B market. Chi Wo Street's strategic position in Jordan district offers lower rental costs compared to prime Central or Tsim Sha Tsui locations while still maintaining high visibility and accessibility. The street's established reputation as a food destination, combined with its mix of residential and commercial properties, ensures a steady stream of potential customers throughout the day. Additionally, the area's excellent transportation links, including buses and the MTR system, make it convenient for diners from across Hong Kong to visit, while the growing gentrification of Jordan has attracted a younger, more affluent demographic seeking quality dining experiences.

How much does it cost to rent a restaurant on Chi Wo Street, Jordan, Hong Kong?

The cost to rent a restaurant on Chi Wo Street in Jordan, Hong Kong typically ranges from HK$30,000 to HK$80,000 per month, depending on the size, location within the street, and condition of the property. Chi Wo Street restaurant rental prices vary significantly based on factors such as floor level, with ground floor units commanding premium rates of HK$60,000 to HK$100,000 monthly, while upper floor locations may start from HK$25,000 to HK$50,000 per month. Restaurant spaces on Chi Wo Street Jordan generally range from 300 to 1,500 square feet, with rental costs averaging HK$80 to HK$120 per square foot. Additional costs for renting a restaurant on Chi Wo Street include a security deposit equivalent to 2-3 months rent, stamp duty, legal fees, and potential key money or premium payments to previous tenants. The Jordan district's strategic location near Temple Street Night Market and Austin Station makes Chi Wo Street an attractive area for restaurant businesses, though this prime positioning contributes to higher rental costs compared to other Hong Kong neighborhoods. Prospective restaurant operators should budget for total initial costs of HK$200,000 to HK$500,000 when considering a Chi Wo Street location, including rent deposits, renovation expenses, and licensing fees.

What type of restaurant can be found on Chi Wo Street, Jordan, Hong Kong?

Chi Wo Street is in Jordan, a dense Kowloon district along Nathan Road, served by Jordan MTR station and close to Temple Street. The area has a large number of local restaurants, including cha chaan tengs, Cantonese restaurants, dessert shops, noodle and congee shops, and late-night eateries, along with some Southeast Asian and other international options. The mix varies from street to street: Nathan Road and streets near the MTR have more chain and quick-service outlets, while side streets hold more traditional and independent restaurants. Check the restaurant listings on this page and contact Hollies for street-level detail on Chi Wo Street.