F&B Units for Rent on Tung Choi Street, Hong Kong

Why rent a restaurant on Tung Choi Street, Mong Kok, Hong Kong?

Renting a restaurant on Tung Choi Street in Mong Kok, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's busiest commercial districts. Tung Choi Street, famous for the Ladies' Market and goldfish market, attracts millions of local residents and tourists annually, providing restaurant owners with consistent high foot traffic throughout the day and evening. The area's excellent transportation connectivity through Mong Kok MTR station and multiple bus routes ensures easy accessibility for customers from across Hong Kong. Restaurant businesses on Tung Choi Street benefit from the diverse demographic mix of shoppers, office workers, and international visitors seeking authentic Hong Kong dining experiences. The street's vibrant atmosphere and established reputation as a food destination make it ideal for various restaurant concepts, from traditional dim sum and Cantonese cuisine to international dining options. Additionally, the competitive rental rates compared to Central or Tsim Sha Tsui, combined with the area's proven track record for successful food and beverage establishments, make Tung Choi Street an attractive investment opportunity for restaurateurs looking to establish or expand their presence in Hong Kong's dynamic culinary market.

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

Renting a restaurant on Tung Choi Street in Mong Kok, Hong Kong typically costs between HK$80,000 to HK$300,000 per month depending on the size, location, and condition of the property. Ground floor restaurant spaces on this popular street in one of Hong Kong's busiest districts command premium prices due to high foot traffic and excellent visibility. Smaller restaurant units of around 300-500 square feet may start at HK$80,000 monthly, while larger establishments exceeding 1,000 square feet can reach HK$300,000 or more per month. Additional costs include government rates, management fees, utilities, and mandatory key money deposits which can range from 3-6 months rent upfront. The exact rental price for restaurant space on Tung Choi Street Mong Kok varies significantly based on factors such as floor level, frontage width, existing restaurant equipment, lease terms, and proximity to MTR stations. Prospective restaurant operators should budget for total monthly occupancy costs of 20-30% above the base rent when calculating their business expenses for this prime Hong Kong restaurant location.

What type of restaurant can be found on Tung Choi Street, Causeway Bay, Hong Kong?

Tung Choi Street in Causeway Bay, Hong Kong offers a diverse array of dining establishments that cater to both locals and tourists seeking authentic Hong Kong cuisine. The street is particularly famous for its traditional Cantonese restaurants, dim sum houses, and cha chaan tengs (tea restaurants) that serve classic Hong Kong-style breakfast and comfort food throughout the day. Visitors to Tung Choi Street can find numerous seafood restaurants specializing in fresh catches, barbecue pork and roast duck establishments, congee and noodle shops, and street food vendors offering local favorites like fish balls, egg waffles, and milk tea. The area also features several hotpot restaurants, Vietnamese pho shops, and modern fusion eateries that blend traditional Cantonese flavors with international influences. Many of these Causeway Bay restaurants on Tung Choi Street operate late into the night, making it a popular destination for both daytime dining and evening food adventures, with establishments ranging from budget-friendly local joints to mid-range family restaurants that showcase the authentic taste of Hong Kong's vibrant food culture.