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

Why rent a restaurant on Muk Hung Street, Kai Tak, Hong Kong?

Renting a restaurant on Muk Hung Street in Kai Tak, Hong Kong offers exceptional business opportunities due to its strategic location in one of the city's most rapidly developing districts. This vibrant area benefits from excellent transportation connectivity with the nearby Kai Tak MTR station and multiple bus routes, ensuring high foot traffic and easy accessibility for customers throughout Hong Kong. The street sits within the heart of the new Kai Tak Development Area, surrounded by residential complexes, office buildings, and shopping centers, providing a steady stream of potential diners from both local residents and office workers. Restaurant owners can capitalize on competitive rental rates compared to traditional commercial districts while still enjoying proximity to major attractions like the Kai Tak Cruise Terminal and the future Kai Tak Sports Park. The area's modern infrastructure, including wide pedestrian walkways and ample parking facilities, creates an ideal environment for food and beverage businesses. Additionally, Muk Hung Street's position within the emerging Kai Tak district means restaurant operators can establish their presence in a growing market with significant potential for long-term success, making it an attractive investment opportunity for both experienced restaurateurs and newcomers to Hong Kong's dynamic food service industry.

How much does it cost to rent a restaurant on Muk Hung Street, Kai Tak, Hong Kong?

The cost to rent a restaurant on Muk Hung Street in Kai Tak, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location within the street, and specific terms of the lease agreement. Muk Hung Street restaurant rental prices vary significantly based on factors such as floor area, street-level versus upper-floor positioning, existing kitchen facilities, and proximity to the Kai Tak Development area. Ground floor restaurant spaces on Muk Hung Street generally command higher rental rates due to better visibility and foot traffic, while smaller establishments or those requiring renovation may be available at the lower end of the price range. Prospective tenants should also budget for additional costs including management fees, utilities, government rates, and potential key money or security deposits when considering restaurant rental opportunities in this emerging Kai Tak district. For the most current Muk Hung Street restaurant rental prices, it is advisable to consult with local commercial real estate agents who specialize in Hong Kong food and beverage properties, as market conditions and availability can change frequently in this developing area of Kowloon.

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

Muk Hung Street in Causeway Bay, Hong Kong, is home to a diverse array of restaurants that cater to both local and international tastes. This bustling street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), upscale seafood establishments, and modern fusion dining venues. Visitors to Muk Hung Street can find everything from street food stalls serving local favorites like fish balls and egg waffles to high-end establishments offering premium Cantonese cuisine and fresh seafood. The area is particularly known for its traditional Chinese restaurants that specialize in roasted meats, noodle dishes, and classic Hong Kong comfort food. Many of these Causeway Bay restaurants on Muk Hung Street have been serving the community for decades, making them popular destinations for both tourists seeking authentic Hong Kong dining experiences and locals looking for quality meals in a convenient location.