F&B Units for Rent on Pok Fu Lam Road, Hong Kong

Why rent a restaurant on Pok Fu Lam Road, Kennedy Town, Hong Kong?

Renting a restaurant on Pok Fu Lam Road in Kennedy Town, Hong Kong offers exceptional business opportunities due to its strategic location and growing popularity among locals and expatriates. This vibrant area has transformed into a trendy dining destination with high foot traffic from nearby residential complexes, the University of Hong Kong campus, and the Kennedy Town MTR station, ensuring a steady stream of potential customers throughout the day. The relatively lower rental costs compared to Central or Causeway Bay make Pok Fu Lam Road an attractive option for restaurateurs seeking affordable commercial space without compromising on accessibility. The diverse demographic mix of university students, young professionals, and international residents creates demand for various dining concepts, from casual cafes to upscale restaurants. Additionally, the area's proximity to the waterfront and emerging entertainment venues enhances its appeal as a dining destination, while the ongoing urban development projects promise continued growth in property values and customer base. The excellent transportation links via MTR and bus routes ensure easy access for diners from across Hong Kong Island, making a restaurant location on Pok Fu Lam Road a smart investment for food and beverage entrepreneurs looking to establish or expand their presence in Hong Kong's competitive restaurant market.

How much does it cost to rent a restaurant on Pok Fu Lam Road, Kennedy Town, Hong Kong?

The cost to rent a restaurant on Pok Fu Lam Road in Kennedy Town, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location, and condition of the property. Ground floor restaurant spaces with street frontage on Pok Fu Lam Road command premium rents due to high foot traffic and excellent visibility, often costing between HK$120,000 to HK$200,000 monthly for spaces ranging from 800 to 1,500 square feet. Smaller restaurant units or those located on upper floors may be available for HK$80,000 to HK$120,000 per month. Additional costs include government rates, management fees, utility deposits, and often a substantial key money payment to the outgoing tenant, which can range from HK$500,000 to HK$2 million. The rental market in Kennedy Town has remained competitive due to its proximity to Hong Kong University, growing residential population, and excellent transport links via the MTR Island Line, making restaurant rental costs on Pok Fu Lam Road among the more expensive in the Western District of Hong Kong Island.

What type of restaurant can be found on Pok Fu Lam Road, Causeway Bay, Hong Kong?

Pok Fu Lam Road in Causeway Bay, Hong Kong offers a diverse array of restaurant types that cater to both local and international tastes. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong-style breakfast and lunch dishes, upscale Chinese restaurants specializing in Peking duck and seafood, as well as casual cha chaan tengs that offer Hong Kong-style tea restaurant fare including milk tea, pineapple buns, and fusion dishes. The area also features Japanese restaurants ranging from sushi bars to ramen shops, Korean barbecue establishments, Western cafes and bistros, Italian pizzerias, and fast-casual dining options. Many of these Pok Fu Lam Road restaurants in Causeway Bay are popular among both tourists and locals, offering everything from budget-friendly street food to fine dining experiences, making this Hong Kong dining destination a vibrant culinary hub that reflects the city's multicultural food scene.