F&B Units for Rent on Yuen Ngai Street, Hong Kong

Why rent a restaurant on Yuen Ngai Street, Mong Kok, Hong Kong?

Renting a restaurant on Yuen Ngai 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 benefits from heavy foot traffic generated by nearby shopping centers, residential buildings, and the famous Ladies' Market, ensuring a steady stream of potential customers throughout the day. The area's excellent transportation links, including proximity to Mong Kok MTR station, make it easily accessible for both locals and tourists seeking dining experiences. Yuen Ngai Street's diverse demographic mix of office workers, shoppers, and residents creates multiple revenue opportunities for breakfast, lunch, and dinner services. The street's established reputation as a food destination, combined with relatively competitive rental rates compared to premium areas like Central or Tsim Sha Tsui, provides an ideal balance of affordability and profitability for restaurant operators. Additionally, the high density of surrounding businesses creates potential for corporate catering opportunities and takeaway services, while the area's late-night entertainment venues ensure extended operating hours can be profitable, making Yuen Ngai Street an attractive location for restaurant investment in Hong Kong's competitive F&B market.

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

The cost to rent a restaurant on Yuen Ngai Street in Mong Kok, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location along the street, and condition of the property. Yuen Ngai Street is a popular dining destination in Mong Kok known for its diverse food scene, which drives high rental demand and premium pricing for restaurant spaces. Smaller restaurant units of 300-500 square feet may cost around HK$80,000-120,000 monthly, while larger establishments exceeding 800 square feet can command HK$150,000-200,000 or more per month. Additional costs include government rates, management fees, utilities, and required licensing fees for food service operations. The rental prices on Yuen Ngai Street are influenced by its strategic location in one of Hong Kong's busiest shopping and entertainment districts, excellent public transportation access, and high foot traffic from both locals and tourists. Prospective restaurant operators should budget for initial setup costs, security deposits equivalent to 2-3 months rent, and allow for potential annual rent increases when planning to lease restaurant space on this coveted Mong Kok street.

What type of restaurant can be found on Yuen Ngai Street, Causeway Bay, Hong Kong?

Yuen Ngai Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that cater to both local residents and international visitors. This bustling street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style breakfast and comfort food, Japanese sushi bars and ramen shops, Korean barbecue establishments, and contemporary fusion dining venues. The restaurant scene on Yuen Ngai Street reflects Causeway Bay's cosmopolitan nature, offering everything from affordable street food stalls and casual dining options to upscale establishments serving international cuisine. Food enthusiasts can find popular hotpot restaurants, Taiwanese bubble tea shops, Western cafes, and traditional Chinese seafood restaurants along this vibrant Hong Kong street. The concentration of dining options makes Yuen Ngai Street a popular food destination for both tourists exploring Causeway Bay and locals seeking quality meals in one of Hong Kong's most dynamic shopping and entertainment districts.