F&B Units for Rent on Kwan Yick Street, Hong Kong

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

Renting a restaurant on Kwan Yick Street in Kennedy Town, Hong Kong offers exceptional business opportunities for food entrepreneurs looking to establish their presence in one of the city's most vibrant emerging neighborhoods. This strategic location provides excellent foot traffic from both local residents and tourists exploring Kennedy Town's trendy dining scene, while offering more affordable rental rates compared to Central Hong Kong districts. Kwan Yick Street benefits from excellent transportation links including the MTR Kennedy Town Station, making it easily accessible for customers throughout Hong Kong Island. The area attracts a diverse demographic of young professionals, expatriates, and locals who appreciate innovative dining concepts, creating an ideal customer base for restaurants. Additionally, Kennedy Town's ongoing urban development and waterfront attractions continue to drive increased visitor numbers, while the street's proximity to residential complexes ensures a steady stream of regular customers. Restaurant operators can also take advantage of the area's relaxed licensing requirements and supportive local business environment, making Kwan Yick Street an attractive and profitable location for restaurant rental in Hong Kong's competitive food and beverage market.

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

The cost to rent a restaurant on Kwan Yick Street in Kennedy Town, Hong Kong typically ranges from HK$30,000 to HK$80,000 per month, depending on the size, condition, and specific location along the street. Restaurant rental prices in Kennedy Town have remained relatively competitive compared to Central or Causeway Bay, making Kwan Yick Street an attractive option for food and beverage businesses. Factors affecting rental costs include the restaurant's square footage, whether it comes with existing kitchen equipment, proximity to the Kennedy Town MTR station, and current market demand in the area. Ground floor units with street-facing exposure generally command higher rents than upper-floor establishments, while spaces requiring significant renovation may be priced lower. Kennedy Town's growing popularity as a dining destination has led to increased interest in Kwan Yick Street restaurant spaces, with some prime locations reaching the upper end of the price range. Prospective tenants should also budget for additional costs such as management fees, utilities, and potential key money or security deposits when calculating the total cost of renting a restaurant space in this Hong Kong neighborhood.

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

Kwan Yick Street 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 Hong Kong-style tea restaurants (cha chaan tengs), modern Asian fusion establishments, and popular hotpot venues. Visitors to Kwan Yick Street can find everything from casual local eateries serving Hong Kong comfort food like wonton noodles and roast duck rice to upscale dining establishments offering contemporary cuisine. The street also hosts several Japanese restaurants, Korean barbecue spots, and Western-style cafes, making it a popular dining destination in the heart of Causeway Bay. Many of these restaurants on Kwan Yick Street are known for their late-night dining options, attracting both tourists and locals looking for quality meals in one of Hong Kong's most vibrant shopping and entertainment districts.