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

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

Renting a restaurant on Muk Lai Street in Kai Tak, Hong Kong offers exceptional business opportunities in one of the city's most dynamic emerging districts. This prime location benefits from the ongoing Kai Tak development project, which has transformed the former airport area into a thriving residential and commercial hub with excellent foot traffic and accessibility. Muk Lai Street provides restaurateurs with competitive rental rates compared to traditional Central or Tsim Sha Tsui locations while still offering proximity to major transportation links including the Kai Tak MTR station. The area attracts a diverse mix of local residents, office workers, and tourists exploring the nearby Kai Tak Cruise Terminal and Hong Kong Children's Hospital, ensuring a steady customer base throughout the day. Restaurant owners can capitalize on the street's growing reputation as a dining destination, with ample space for both intimate eateries and larger establishments, plus the advantage of being part of Hong Kong's newest smart city development with modern infrastructure and utilities. The strategic location also provides easy access to suppliers and delivery services while offering parking convenience that many older Hong Kong districts cannot match.

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

The cost to rent a restaurant on Muk Lai Street in Kai Tak, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month depending on the size, location within the street, and specific property conditions. Muk Lai Street restaurant rental prices vary significantly based on factors such as floor area measured in square feet, whether the space includes existing kitchen equipment, proximity to MTR stations, and the overall condition of the premises. Ground floor restaurant spaces on Muk Lai Street generally command higher rental rates due to better visibility and foot traffic, while upper floor locations may offer more affordable options for restaurateurs with tighter budgets. Additional costs for renting a restaurant on Muk Lai Street include security deposits equivalent to 2-3 months rent, government rates and management fees, plus potential renovation expenses to customize the space for your specific dining concept. The Kai Tak area has experienced increased commercial interest due to ongoing development projects, which may influence restaurant rental prices on Muk Lai Street, making it advisable to consult with local commercial real estate agents who specialize in Hong Kong restaurant properties for the most current market rates and available listings.

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

Muk Lai Street in Causeway Bay, Hong Kong is home to a diverse range of restaurants 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 known as cha chaan tengs, Japanese sushi bars, Korean barbecue establishments, and contemporary fusion dining venues. Popular restaurant types on Muk Lai Street include seafood restaurants serving fresh catches, hotpot establishments perfect for group dining, and casual fast-food outlets offering quick meals for shoppers exploring the nearby Times Square and Fashion Walk areas. Many of these Causeway Bay restaurants on Muk Lai Street operate late into the evening, making it an ideal dining destination for those enjoying Hong Kong's vibrant nightlife scene. The street's convenient location near major shopping centers and MTR stations makes these restaurants easily accessible for visitors looking to experience authentic Hong Kong cuisine alongside international dining options in one of the city's most popular districts.