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

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

Renting a restaurant on Kai Yuen Street in North Point, Hong Kong offers exceptional business opportunities due to its strategic location and vibrant local dining scene. This bustling street in North Point provides excellent foot traffic from both residents and office workers, making it an ideal spot for restaurant ventures targeting the local Hong Kong market. Kai Yuen Street benefits from convenient MTR accessibility through North Point Station, ensuring steady customer flow throughout the day and evening hours. The area's diverse demographic mix includes young professionals, families, and tourists exploring authentic Hong Kong neighborhoods, providing restaurants with multiple target audiences. Restaurant rental costs on Kai Yuen Street are typically more affordable compared to premium districts like Central or Tsim Sha Tsui, while still maintaining high visibility and accessibility for diners. The street's proximity to residential complexes and commercial buildings guarantees a consistent customer base for both lunch and dinner services. Additionally, North Point's reputation as a foodie destination means restaurants on Kai Yuen Street can tap into Hong Kong's thriving culinary tourism market, attracting food enthusiasts seeking authentic local dining experiences beyond the typical tourist areas.

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

The cost to rent a restaurant on Kai Yuen Street in North Point, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on several key factors including the size of the premises, floor level, and specific location along the street. Restaurant rental prices on Kai Yuen Street vary significantly based on the property's square footage, with smaller establishments of 300-500 square feet commanding around HK$25,000-40,000 monthly, while larger restaurant spaces exceeding 1,000 square feet can cost HK$60,000-80,000 or more per month. Ground floor locations with street-level visibility generally command premium rents compared to upper floor units, and properties closer to the MTR station or main intersections tend to be more expensive. Additional costs for restaurant rentals in North Point include government rates, management fees, utility deposits, and potentially key money or premium payments to previous tenants. The competitive food and beverage market in North Point means restaurant rental prices on Kai Yuen Street can fluctuate based on market demand, with peak periods seeing higher rental rates due to the area's popularity among both local residents and office workers from nearby commercial districts.

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

Kai Yuen Street in Causeway Bay, Hong Kong is home to a diverse array 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 BBQ establishments, and Western dining options including cafes and bistros. Visitors to Kai Yuen Street can enjoy everything from street food vendors offering local favorites like fish balls and egg waffles to upscale dining establishments serving international cuisine. The area is particularly known for its affordable local eateries that serve classic Hong Kong dishes such as wonton noodles, roast duck rice, and milk tea, making it a popular destination for food enthusiasts exploring Causeway Bay's vibrant culinary scene. Many of these restaurants operate late into the evening, reflecting Hong Kong's dynamic food culture and providing dining options for both tourists and locals throughout the day and night.