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

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

Renting a restaurant on Tung On 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 both locals and tourists with its high foot traffic, making it an ideal spot for restaurant ventures seeking maximum visibility and customer flow. Tung On Street benefits from excellent transportation links, including nearby MTR stations and bus routes, ensuring easy accessibility for diners throughout Hong Kong. The area's diverse demographic mix and strong spending power create a robust customer base for various dining concepts, from casual eateries to upscale restaurants. Additionally, Mong Kok's reputation as a shopping and entertainment hub means extended operating hours are viable, with consistent demand from shoppers, office workers, and nightlife enthusiasts. The street's established food culture and competitive rental rates compared to Central or Tsim Sha Tsui make it an attractive option for restaurateurs looking to establish or expand their presence in Hong Kong's dynamic F&B market while maintaining reasonable overhead costs.

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

The cost to rent a restaurant on Tung On Street in Mong Kok, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month depending on the size, location, and condition of the property. Restaurant rental prices on Tung On Street Mong Kok vary significantly based on factors such as floor level, street frontage, kitchen facilities, and proximity to MTR stations. Ground floor restaurant spaces with good visibility generally command higher rents of HK$50,000 to HK$80,000 monthly, while upper floor locations may cost between HK$25,000 to HK$45,000 per month. Additional costs for renting a restaurant in Mong Kok include security deposits equivalent to 2-3 months rent, utilities, licensing fees, and potential renovation expenses. The competitive food and beverage market on Tung On Street means rental rates fluctuate based on market demand, with prime corner locations and larger spaces suitable for full-service restaurants commanding premium pricing compared to smaller takeaway or casual dining establishments.

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

Tung On Street in Causeway Bay, Hong Kong offers a diverse array 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 breakfast and lunch dishes, casual cha chaan tengs (tea restaurants) offering affordable local comfort food, upscale fine dining establishments featuring international cuisine, Japanese sushi bars and ramen shops, Korean barbecue restaurants, Italian trattorias, and modern fusion restaurants combining Asian and Western flavors. The street also features popular chain restaurants, coffee shops, dessert parlors, and street food vendors, making Tung On Street a culinary destination that reflects Hong Kong's multicultural dining scene. Many of these Causeway Bay restaurants stay open late into the evening, accommodating the area's vibrant nightlife and shopping culture, while some establishments specialize in regional Chinese cuisines beyond Cantonese, including Sichuan and Shanghainese options.