F&B Units for Rent on Davis Street, Hong Kong
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Why rent a restaurant on Davis Street, Kennedy Town, Hong Kong?
Renting a restaurant on Davis Street in Kennedy Town, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and rapidly developing neighborhoods. Davis Street Kennedy Town provides prime commercial real estate with high foot traffic from both local residents and tourists exploring this trendy waterfront district. Restaurant rental opportunities on Davis Street benefit from Kennedy Town's excellent transportation links, including the MTR Island Line terminus, making it easily accessible from Central and other key Hong Kong areas. The area attracts a diverse mix of young professionals, expatriates, and families who frequent the numerous dining establishments, creating a strong customer base for restaurant businesses. Kennedy Town's transformation into a hip dining and entertainment hub means restaurant spaces on Davis Street are positioned in a competitive yet thriving food and beverage market. The neighborhood's proximity to Hong Kong University and the scenic waterfront promenade ensures consistent daily traffic, while the growing number of residential developments continues to expand the local dining market. Restaurant owners choosing Davis Street Kennedy Town can capitalize on lower rental costs compared to Central Hong Kong while still accessing a sophisticated clientele seeking quality dining experiences in this emerging culinary destination.
How much does it cost to rent a restaurant on Davis Street, Kennedy Town, Hong Kong?
The cost to rent a restaurant on Davis Street in Kennedy Town, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month depending on the size, location, and condition of the property. Smaller restaurant spaces of around 500-800 square feet may start at approximately HK$80,000 to HK$150,000 monthly, while larger establishments exceeding 1,000 square feet can command rents of HK$200,000 to HK$300,000 or more per month. Davis Street restaurant rental prices are influenced by factors such as foot traffic, proximity to the MTR station, existing kitchen equipment, and whether the space comes with necessary F&B licenses. Additionally, tenants should budget for substantial key money deposits, which can range from 3-6 months rent, plus government license fees and renovation costs. The Kennedy Town area has become increasingly popular for dining establishments due to its growing residential population and improved transportation links, making Davis Street restaurant rentals competitive in Hong Kong's commercial property market. Prospective restaurateurs should also consider that rental rates may vary significantly based on current market conditions and the landlord's willingness to negotiate terms for established restaurant operators versus new businesses.
What type of restaurant can be found on Davis Street, Causeway Bay, Hong Kong?
Davis Street in Causeway Bay, Hong Kong offers a diverse range of restaurant types that cater to both local and international tastes. Visitors to Davis Street can find traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), upscale fine dining establishments, casual Japanese sushi bars, Korean barbecue restaurants, and popular international fast food chains. The street is particularly known for its mix of local Hong Kong cuisine and Asian fusion restaurants, with many establishments offering both indoor seating and outdoor dining experiences. Davis Street restaurants range from budget-friendly local eateries serving Hong Kong comfort food to premium dining venues featuring international cuisine, making it a popular dining destination for tourists and locals exploring Causeway Bay's vibrant food scene. The area's restaurant selection includes everything from traditional Chinese hot pot restaurants and seafood establishments to modern cafes and trendy bistros, reflecting Causeway Bay's status as one of Hong Kong's premier shopping and dining districts.