F&B Units for Rent on Cheung Wong Road, Hong Kong

Why rent a restaurant on Cheung Wong Road, Mong Kok, Hong Kong?

Renting a restaurant on Cheung Wong Road in Mong Kok, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's busiest commercial districts. This vibrant street attracts heavy foot traffic from both locals and tourists, providing restaurant owners with a steady stream of potential customers throughout the day and evening. Cheung Wong Road benefits from excellent transportation links, with multiple MTR stations nearby including Mong Kok and Prince Edward stations, making it easily accessible for diners from across Hong Kong. The area is known for its diverse dining scene and competitive rental rates compared to other prime locations in Hong Kong, allowing restaurateurs to establish their business without the premium costs associated with Central or Tsim Sha Tsui. The dense residential population in Mong Kok ensures a reliable local customer base, while the district's reputation as a shopping and entertainment hub draws visitors seeking authentic Hong Kong dining experiences. Additionally, Cheung Wong Road's proximity to popular attractions, shopping centers, and the famous Ladies' Market creates multiple opportunities for restaurants to capture both planned dining visits and spontaneous food discoveries, making it an ideal location for establishing a successful restaurant business in Hong Kong.

How much does it cost to rent a restaurant on Cheung Wong Road, Mong Kok, Hong Kong?

The cost to rent a restaurant on Cheung Wong Road in Mong Kok, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location, and condition of the property. Restaurant rental prices on Cheung Wong Road vary significantly based on factors such as square footage, floor level, street visibility, and proximity to MTR stations, with ground floor locations commanding premium rates due to high foot traffic in this bustling Mong Kok district. Smaller restaurant spaces of 500-800 square feet may cost around HK$80,000-120,000 monthly, while larger establishments exceeding 1,000 square feet can reach HK$150,000-200,000 per month or more. Additional costs for renting a restaurant on Cheung Wong Road include security deposits equivalent to 3-6 months rent, government rates and management fees, plus potential key money or premium payments to secure prime locations in this competitive Hong Kong dining market. Prospective restaurant operators should budget for total upfront costs of HK$500,000-1,000,000 when considering Cheung Wong Road properties, as Mong Kok remains one of Hong Kong's most expensive commercial rental districts for food and beverage businesses.

What type of restaurant can be found on Cheung Wong Road, Causeway Bay, Hong Kong?

Cheung Wong Road in Causeway Bay, Hong Kong offers a diverse range of restaurant types catering to both locals and tourists in this bustling shopping district. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong-style dumplings and tea, upscale Chinese fine dining establishments specializing in Peking duck and seafood, and casual cha chaan tengs offering Hong Kong-style milk tea and fusion comfort food. The area also features international cuisine options including Japanese sushi bars, Korean barbecue restaurants, Thai establishments, and Western-style cafes and bistros. Many restaurants along Cheung Wong Road are situated within shopping complexes and hotels, providing convenient dining options for shoppers exploring the nearby Times Square mall and fashion boutiques. The restaurant scene ranges from budget-friendly local eateries popular with office workers to premium dining venues, making Cheung Wong Road a comprehensive dining destination that reflects Causeway Bay's status as one of Hong Kong's premier commercial and entertainment districts.