F&B Units for Rent on Ka Wai Man Road, Hong Kong

Why rent a restaurant on Ka Wai Man Road, Kennedy Town, Hong Kong?

Renting a restaurant on Ka Wai Man Road in Kennedy Town, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and rapidly developing neighborhoods. This prime location provides excellent foot traffic from the growing residential population and attracts both locals and tourists exploring the trendy Kennedy Town district. Ka Wai Man Road benefits from convenient transportation links, including the MTR Kennedy Town Station, making it easily accessible for customers throughout Hong Kong Island. The area has transformed into a popular dining and entertainment hub, surrounded by boutique shops, cafes, and bars that create a lively atmosphere perfect for restaurant businesses. Additionally, Kennedy Town's reputation as an up-and-coming neighborhood with a mix of young professionals, expatriates, and families ensures a diverse customer base with strong spending power. The relatively lower rental costs compared to Central or Causeway Bay, combined with the area's ongoing development and increasing popularity, make Ka Wai Man Road an ideal location for restaurateurs seeking to establish or expand their business in Hong Kong's competitive food and beverage market.

How much does it cost to rent a restaurant on Ka Wai Man Road, Kennedy Town, Hong Kong?

The cost to rent a restaurant on Ka Wai Man Road in Kennedy Town, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and property condition. Restaurant rental prices on Ka Wai Man Road have increased significantly due to Kennedy Town's growing popularity and improved transportation links, with ground floor units commanding premium rates of HK$150 to HK$300 per square foot monthly. Smaller restaurant spaces of 500-800 square feet generally cost between HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,000 square feet can reach HK$180,000 to HK$200,000 per month. Additional costs for restaurant tenants on Ka Wai Man Road include government rates, management fees, utility deposits, and mandatory restaurant licensing fees, which can add another HK$15,000 to HK$25,000 to monthly expenses. Property agents specializing in Kennedy Town commercial real estate recommend budgeting at least six months of rent upfront for security deposits and advance payments when securing a restaurant lease on Ka Wai Man Road.

What type of restaurant can be found on Ka Wai Man Road, Causeway Bay, Hong Kong?

Ka Wai Man Road in Causeway Bay, Hong Kong, is home to a diverse array of restaurants that cater to both local and international tastes. This bustling street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, Japanese sushi bars and ramen shops, Korean barbecue establishments, and Western-style cafes and bistros. Visitors to Ka Wai Man Road can find everything from high-end dining establishments offering premium seafood and Peking duck to casual street food vendors and affordable family-run noodle shops. The area is particularly known for its excellent hot pot restaurants, trendy bubble tea shops, and fusion cuisine that blends Eastern and Western flavors. Whether you're looking for a quick lunch, romantic dinner, or late-night snack in Causeway Bay, Ka Wai Man Road offers an impressive selection of dining options that reflect Hong Kong's vibrant culinary scene and multicultural food heritage.