F&B Units for Rent on Li Po Lung Path, Hong Kong

Why rent a restaurant on Li Po Lung Path, Kennedy Town, Hong Kong?

Renting a restaurant on Li Po Lung Path 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 restaurateurs with high foot traffic from both local residents and tourists exploring Kennedy Town's trendy dining scene, while benefiting from relatively lower rental costs compared to Central or Tsim Sha Tsui districts. Li Po Lung Path's strategic position near the MTR Kennedy Town Station ensures excellent accessibility for customers, while the area's mix of young professionals, families, and international residents creates a diverse customer base with strong spending power. The neighborhood's ongoing urban development and waterfront proximity have transformed Kennedy Town into a sought-after dining destination, making Li Po Lung Path an ideal location for restaurants seeking to establish themselves in Hong Kong's competitive food and beverage market. Additionally, the area's blend of traditional Hong Kong culture and modern lifestyle attracts both locals looking for authentic dining experiences and expatriates seeking familiar international cuisine, providing restaurant operators with multiple target markets and steady revenue potential throughout the year.

How much does it cost to rent a restaurant on Li Po Lung Path, Kennedy Town, Hong Kong?

The cost to rent a restaurant on Li Po Lung Path 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 specific property conditions. Restaurant rental prices on Li Po Lung Path vary significantly based on factors such as square footage, street-level accessibility, existing kitchen facilities, and proximity to Kennedy Town MTR station. Smaller restaurant spaces of 500-800 square feet may cost between HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,000 square feet can command rents of HK$150,000 to HK$200,000 or more per month. Additional costs for restaurant rentals in Kennedy Town include government rates, management fees, utility deposits, and potential premium payments for prime corner locations or properties with outdoor seating areas. Prospective restaurant operators should also budget for renovation costs, licensing fees, and equipment installation when calculating total occupancy expenses for Li Po Lung Path commercial properties. Market conditions, lease terms, and seasonal demand fluctuations can influence final rental negotiations, making it advisable to consult local commercial real estate agents specializing in Kennedy Town restaurant properties for current market rates and availability.

What type of restaurant can be found on Li Po Lung Path, Causeway Bay, Hong Kong?

Li Po Lung Path in Causeway Bay, Hong Kong features a diverse range of restaurants that cater to both local and international tastes. This bustling street in one of Hong Kong's premier shopping and dining districts is home to various restaurant types including traditional Cantonese dim sum establishments, authentic Hong Kong-style tea restaurants (cha chaan tengs), upscale fine dining venues, casual cafes, and international cuisine options such as Japanese, Korean, and Western restaurants. Visitors to Li Po Lung Path can experience everything from street food vendors and local noodle shops to sophisticated restaurants offering panoramic harbor views, making it a popular destination for food enthusiasts exploring Causeway Bay's vibrant culinary scene. The area's proximity to major shopping centers and hotels ensures a constant flow of diners seeking both quick meals and elaborate dining experiences throughout the day and evening.