F&B Units for Rent on Forbes Street, Hong Kong

Why rent a restaurant on Forbes Street, Kennedy Town, Hong Kong?

Renting a restaurant on Forbes Street in Kennedy Town, Hong Kong offers exceptional business opportunities for food entrepreneurs looking to establish themselves in one of the city's most vibrant and rapidly developing neighborhoods. Forbes Street Kennedy Town provides excellent foot traffic from both local residents and tourists exploring this trendy waterfront district, while offering more affordable rental rates compared to Central Hong Kong or Tsim Sha Tsui. The area benefits from excellent transportation links including the MTR Kennedy Town station, making it easily accessible for customers throughout Hong Kong Island. Restaurant owners on Forbes Street can tap into the diverse demographic of young professionals, expatriates, and local families who have made Kennedy Town their home, creating a steady customer base for various dining concepts from casual cafes to upscale restaurants. The street's proximity to the Hong Kong University and the scenic waterfront promenade attracts additional foot traffic, while the neighborhood's reputation as an emerging culinary destination means less competition than oversaturated areas like Lan Kwai Fong. Furthermore, Kennedy Town's relaxed atmosphere and community feel make it ideal for restaurants seeking to build loyal local followings, and the area's ongoing development projects promise continued growth in both residential population and commercial activity, ensuring long-term business sustainability for restaurant ventures on Forbes Street.

How much does it cost to rent a restaurant on Forbes Street, Kennedy Town, Hong Kong?

Restaurant rental costs on Forbes Street in Kennedy Town, Hong Kong typically range from HK$30,000 to HK$80,000 per month depending on the size, location, and condition of the property. Ground floor restaurants with street-facing frontage on Forbes Street command premium prices, often reaching HK$60,000 to HK$80,000 monthly for spaces between 800-1,200 square feet, while smaller establishments or those on upper floors may rent for HK$30,000 to HK$50,000 per month. Kennedy Town restaurant rental prices on Forbes Street have remained relatively stable compared to Central Hong Kong districts, making it an attractive option for restaurateurs seeking affordable commercial space in a well-connected area. Additional costs for renting a restaurant on Forbes Street include government rates, management fees, utility deposits, and potential renovation expenses, which can add 15-25% to the base rental cost. Prospective tenants should budget for a security deposit equivalent to 2-3 months rent plus the first month's rent in advance when securing a restaurant lease on Forbes Street, Kennedy Town.

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

Forbes Street in Causeway Bay, Hong Kong offers a diverse range of dining establishments that cater to both local and international tastes. Visitors can find traditional Cantonese restaurants serving authentic dim sum and roasted meats, Japanese establishments offering fresh sushi and ramen, Western-style cafes and bistros, as well as trendy fusion restaurants that blend Asian and international cuisines. The street is particularly known for its mid-range to upscale dining options, including seafood restaurants, Korean BBQ joints, and contemporary Asian cuisine establishments. Many of these Forbes Street restaurants in Causeway Bay feature modern interiors and are popular among both tourists exploring Hong Kong's culinary scene and local professionals looking for quality dining experiences. The area's restaurant scene reflects Causeway Bay's status as a major shopping and business district, with establishments ranging from casual eateries perfect for quick lunches to sophisticated dinner venues ideal for special occasions.