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

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

Renting a restaurant on Muk Ning Street in Kai Tak, Hong Kong offers exceptional business opportunities in one of the city's most rapidly developing districts. This prime location 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. The area attracts a diverse mix of residents, office workers, and tourists exploring the revitalized Kai Tak development, providing a broad customer base for restaurant businesses. Muk Ning Street's strategic position within the new Kai Tak district means competitive rental rates compared to traditional commercial areas while still offering significant growth potential as the neighborhood continues to develop. The street features modern infrastructure, ample parking facilities, and proximity to shopping centers, residential complexes, and business districts, making it an ideal location for restaurants targeting both local diners and visitors. Additionally, the Hong Kong government's continued investment in Kai Tak's urban development ensures long-term stability and increasing property values, making restaurant rental on Muk Ning Street a smart investment for food and beverage entrepreneurs looking to establish their presence in this emerging commercial hub.

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

The cost to rent a restaurant on Muk Ning 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 property features. Muk Ning Street restaurant rental prices have increased significantly since the Kai Tak Development project transformed the area into a modern commercial and residential district. Smaller restaurant spaces of 1,000-2,000 square feet generally command monthly rents between HK$80,000 to HK$120,000, while larger establishments exceeding 3,000 square feet can cost HK$150,000 to HK$200,000 or more per month. The rental cost for restaurants on Muk Ning Street is influenced by factors such as foot traffic, proximity to the Kai Tak Sports Park, accessibility to MTR stations, and the overall commercial development in the area. Prospective restaurant operators should also budget for additional costs including management fees, utilities, and required renovation deposits when calculating the total expense of renting a restaurant space on Muk Ning Street in Kai Tak.

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

Muk Ning Street in Causeway Bay, Hong Kong, is home to a diverse collection of restaurants that cater to both local and international tastes. This vibrant street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), Japanese sushi bars, Korean barbecue establishments, and contemporary fusion dining venues. Visitors to Muk Ning Street can enjoy everything from street food stalls offering local favorites like fish balls and egg waffles to upscale dining establishments serving international cuisine. The area is particularly known for its late-night eateries and 24-hour restaurants that serve Hong Kong's famous midnight snack culture. Many of the restaurants on Muk Ning Street offer affordable dining options, making it a popular destination for both tourists exploring Causeway Bay and locals seeking quality meals in one of Hong Kong's busiest shopping and entertainment districts.