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

Why rent a restaurant on Fuk Yuen Street, North Point, Hong Kong?

Renting a restaurant on Fuk Yuen Street in North Point, Hong Kong offers exceptional business opportunities due to its strategic location in one of Hong Kong Island's most vibrant dining districts. This bustling street in North Point provides high foot traffic from both local residents and tourists, making it an ideal location for restaurant businesses seeking maximum visibility and customer reach. Fuk Yuen Street benefits from excellent transportation links, with North Point MTR station nearby, ensuring easy accessibility for diners throughout Hong Kong. The area is known for its diverse culinary scene and strong local community support, creating a thriving environment for restaurants of all types. Additionally, North Point offers more competitive rental rates compared to Central or Causeway Bay while still maintaining prime Hong Kong Island positioning, making Fuk Yuen Street an attractive option for restaurateurs looking to establish or expand their food business. The street's proximity to residential complexes, office buildings, and shopping areas guarantees a steady stream of potential customers throughout the day, from breakfast through late-night dining, maximizing revenue potential for restaurant operators in this dynamic North Point location.

How much does it cost to rent a restaurant on Fuk Yuen Street, North Point, Hong Kong?

The cost to rent a restaurant on Fuk Yuen Street in North Point, 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. Fuk Yuen Street restaurant rental prices vary significantly based on factors such as floor area, which can range from 500 to 2,000 square feet for most available spaces, proximity to the MTR station, and whether the unit comes with existing kitchen equipment and fittings. Ground floor restaurant spaces on Fuk Yuen Street North Point generally command higher rents due to better visibility and foot traffic, while upper floor locations may offer more competitive pricing. Additional costs for renting a restaurant in this area include security deposits equivalent to 2-3 months rent, government rates and management fees, and potential renovation expenses if modifications are needed. The North Point restaurant rental market on Fuk Yuen Street remains popular among food and beverage operators due to the area's high density residential population, excellent transport links, and established dining culture, making it essential for prospective tenants to budget accordingly and engage with local commercial real estate agents for current market rates.

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

Fuk Yuen Street in Causeway Bay, Hong Kong is home to a diverse range of restaurants that cater to both locals and tourists visiting this bustling shopping district. The street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, international cuisine including Japanese sushi bars, Korean barbecue establishments, and Western dining options. Many of these Fuk Yuen Street restaurants are known for their affordable prices and quick service, making them popular choices for shoppers exploring the nearby Times Square and Sogo department stores. Visitors can find everything from street food vendors offering fish balls and egg waffles to upscale dining establishments, with several restaurants specializing in fresh seafood and traditional Chinese hot pot. The variety of dining options on Fuk Yuen Street reflects Causeway Bay's status as one of Hong Kong's premier dining and shopping destinations, where food enthusiasts can experience both local Hong Kong flavors and international culinary traditions in a convenient central location.