F&B Units for Rent on Smithfield, Hong Kong

Why rent a restaurant on Smithfield, Kennedy Town, Hong Kong?

Renting a restaurant in Smithfield, Kennedy Town, Hong Kong offers exceptional business opportunities in one of the city's most rapidly developing neighborhoods. This vibrant waterfront district combines the charm of traditional Hong Kong with modern urban living, attracting both locals and tourists seeking authentic dining experiences. Smithfield's strategic location provides excellent accessibility via the MTR Kennedy Town station and major bus routes, ensuring steady foot traffic for restaurant businesses. The area boasts lower rental costs compared to Central or Causeway Bay while still offering proximity to Hong Kong's business districts, making it an ideal choice for restaurateurs seeking affordable commercial space with growth potential. Kennedy Town's diverse community includes young professionals, families, and expatriates who appreciate quality dining options, creating a stable customer base for restaurants. The neighborhood's ongoing urban development projects and waterfront promenade continue to increase its appeal as a dining destination, while the presence of residential complexes and office buildings guarantees consistent local patronage throughout the day.

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

The cost to rent a restaurant space in Smithfield, Kennedy Town, Hong Kong typically ranges from HK$40 to HK$80 per square foot per month, depending on the specific location, size, and condition of the property. Ground floor restaurant spaces with street frontage in prime Smithfield locations can command higher rents of HK$60-80 per square foot, while upper floor or basement restaurant spaces may rent for HK$30-50 per square foot monthly. For a typical 800-1,200 square foot restaurant in Smithfield Kennedy Town, monthly rental costs generally fall between HK$32,000 to HK$96,000, with most establishments paying around HK$40,000-60,000 per month. Additional costs for restaurant rental in Kennedy Town include government rates, management fees, utility deposits, and fitting-out expenses, which can add 15-25% to the base rental cost. The Kennedy Town restaurant rental market has become increasingly competitive due to the area's growing popularity and improved MTR connectivity, making Smithfield an attractive location for dining establishments serving both local residents and tourists visiting Hong Kong Island's western district.

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

Smithfield in Causeway Bay, Hong Kong offers a diverse range of dining establishments that cater to both local and international tastes. The area features numerous restaurants including traditional Cantonese dim sum houses, contemporary Asian fusion establishments, Japanese sushi bars, Korean barbecue restaurants, and Western-style cafes and bistros. Popular restaurant types on Smithfield include high-end fine dining venues, casual family restaurants, trendy rooftop bars with dining options, and authentic local cha chaan tengs serving Hong Kong-style tea restaurant fare. Visitors to Smithfield Causeway Bay can also find specialty restaurants offering Thai, Vietnamese, Italian, and American cuisine, making it a comprehensive dining destination in one of Hong Kong's busiest shopping and entertainment districts. The restaurant scene on Smithfield ranges from budget-friendly options to luxury establishments, ensuring dining choices for every preference and budget in this vibrant Causeway Bay location.