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

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

Renting a restaurant on Muk Tai Street in Kai Tak, Hong Kong offers exceptional business opportunities in one of the city's most rapidly developing districts. This prime location provides excellent accessibility through the nearby Kai Tak MTR station and major transportation networks, ensuring steady foot traffic from both local residents and tourists exploring the area. The street benefits from Kai Tak's transformation into a modern commercial and residential hub, with new housing developments, office complexes, and shopping centers driving consistent customer demand for dining options. Restaurant owners can capitalize on competitive rental rates compared to traditional Central or Tsim Sha Tsui locations while still accessing Hong Kong's affluent market. The area's strategic position near Kai Tak Cruise Terminal brings international visitors seeking authentic local dining experiences, while the growing resident population provides a reliable customer base for daily operations. Additionally, Muk Tai Street's proximity to business districts and shopping venues creates multiple revenue streams throughout different times of the day, from breakfast and lunch crowds to evening diners, making it an ideal location for establishing a profitable restaurant business in Hong Kong's dynamic food and beverage market.

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

Restaurant rental costs on Muk Tai Street in Kai Tak, Hong Kong typically range from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and specific property conditions. Muk Tai Street restaurant rental prices vary significantly based on factors such as floor area, street frontage, existing kitchen facilities, and proximity to the Kai Tak Development area. Smaller restaurant spaces of 800-1,200 square feet generally cost between HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,500 square feet can command rents of HK$150,000 to HK$200,000 or more per month. Additional costs for renting a restaurant on Muk Tai Street include government licensing fees, utilities deposits, renovation expenses, and equipment installation which can add another HK$500,000 to HK$1,500,000 to initial setup costs. Prospective restaurant operators should also budget for management fees, rates, and the typical three-month security deposit when calculating total restaurant rental expenses in this developing Kai Tak district of Hong Kong.

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

Muk Tai Street in Causeway Bay, Hong Kong offers a diverse range of restaurant types that cater to both local residents and international visitors. This vibrant street is home to traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants known as cha chaan tengs, upscale fine dining establishments, and casual street food vendors. Visitors can find popular hotpot restaurants, Japanese sushi bars, Korean barbecue spots, and Western cuisine outlets along Muk Tai Street. The area is particularly famous for its local Hong Kong comfort food restaurants serving dishes like wonton noodles, roast duck, and pineapple buns. Many of these Causeway Bay restaurants on Muk Tai Street operate late into the night, making it a popular dining destination for both lunch and dinner. The street's proximity to major shopping areas and the Causeway Bay MTR station makes these restaurants easily accessible for tourists exploring Hong Kong's culinary scene. From budget-friendly local eateries to premium dining experiences, Muk Tai Street restaurants represent the full spectrum of Hong Kong's rich food culture.