F&B Units for Rent on Kwong Wa Street, Hong Kong

Why rent a restaurant on Kwong Wa Street, Mong Kok, Hong Kong?

Renting a restaurant on Kwong Wa Street 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 massive foot traffic from both locals and tourists exploring the famous Mong Kok area, known for its shopping, street food, and entertainment venues. Restaurant operators benefit from the area's excellent transportation links, with multiple MTR stations nearby including Mong Kok, Prince Edward, and Yau Ma Tei stations, ensuring easy accessibility for customers throughout Hong Kong. The street's diverse demographic includes office workers, shoppers, students, and international visitors, providing a steady customer base throughout the day and evening. Additionally, Kwong Wa Street's proximity to popular attractions like the Ladies' Market, Langham Place shopping mall, and various hotels creates natural dining demand, while the area's established food culture and competitive rental rates compared to Central or Tsim Sha Tsui make it an attractive investment for restaurant entrepreneurs seeking high visibility and profitability in Hong Kong's dynamic F&B market.

How much does it cost to rent a restaurant on Kwong Wa Street, Mong Kok, Hong Kong?

The cost to rent a restaurant on Kwong Wa Street in Mong Kok, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location within the street, and condition of the property. Kwong Wa Street restaurant rental prices are influenced by its prime location in one of Hong Kong's busiest commercial districts, with ground floor units commanding premium rates due to high foot traffic and excellent visibility. 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 or more per month. Additional costs for restaurant rental in Mong Kok include substantial deposits equivalent to 3-6 months rent, government rates, management fees, and potential key money payments to previous tenants. The competitive food and beverage market on Kwong Wa Street, combined with Mong Kok's status as a major shopping and dining destination, makes restaurant rental prices among the highest in Hong Kong, with landlords often requiring proven restaurant experience and strong financial backing from prospective tenants.

What type of restaurant can be found on Kwong Wa Street, Causeway Bay, Hong Kong?

Kwong Wa Street in Causeway Bay, Hong Kong is home to a diverse collection 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), Japanese sushi bars, Korean barbecue establishments, and contemporary fusion dining venues. Visitors to Kwong Wa Street can find everything from casual street food vendors serving local favorites like fish balls and egg waffles to upscale dining establishments offering international cuisine. The area is particularly known for its concentration of Asian restaurants, including Thai, Vietnamese, and Malaysian eateries, making it a popular dining destination for food enthusiasts exploring Causeway Bay. Many of these restaurants operate late into the evening, reflecting Hong Kong's vibrant nightlife culture, and several establishments have gained recognition for serving some of the best regional specialties in the Causeway Bay district.