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

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

Renting a restaurant on Kai Yuen Terrace in North Point, Hong Kong offers exceptional business opportunities due to its prime location in one of Hong Kong Island's most vibrant residential and commercial districts. This bustling street provides high foot traffic from local residents, office workers, and tourists exploring the authentic North Point neighborhood, ensuring steady customer flow throughout the day. Kai Yuen Terrace benefits from excellent transportation links with North Point MTR station nearby, making it easily accessible for diners from across Hong Kong. The area is known for its diverse dining scene and strong local community, creating an ideal environment for restaurants to thrive. Additionally, rental costs on Kai Yuen Terrace are typically more competitive compared to Central or Causeway Bay, allowing restaurant owners to achieve better profit margins while still operating in a highly desirable Hong Kong location. The street's mix of residential buildings and commercial establishments ensures a consistent customer base of both locals seeking convenient dining options and food enthusiasts drawn to North Point's reputation for authentic Hong Kong cuisine.

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

The cost to rent a restaurant on Kai Yuen Terrace in North Point, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, condition, and specific location of the property. Restaurant rental prices on Kai Yuen Terrace vary significantly based on factors such as floor area, street-level accessibility, existing kitchen facilities, and proximity to North Point MTR station. Ground floor restaurant spaces with prominent street frontage generally command higher rents, often exceeding HK$150,000 monthly, while upper floor locations may be available from HK$60,000 to HK$120,000 per month. Additional costs for restaurant rentals in North Point include management fees, utility deposits, and potential renovation expenses to meet Hong Kong's commercial kitchen and dining establishment requirements. Property agents specializing in North Point commercial rentals recommend budgeting for at least three to six months' rent as security deposit when leasing restaurant space on Kai Yuen Terrace, with some landlords requiring personal guarantees due to the competitive restaurant market in this popular Hong Kong district.

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

Kai Yuen Terrace in Causeway Bay, Hong Kong is home to a diverse selection of restaurants that cater to both local and international tastes. This bustling street features traditional Cantonese dim sum restaurants, popular hotpot establishments, authentic local cha chaan tengs (tea restaurants), and various Asian cuisine options including Japanese, Korean, and Thai dining venues. Visitors to Kai Yuen Terrace can also find Western-style cafes, fast-casual dining spots, and upscale restaurants offering fusion cuisine. The area is particularly known for its affordable local eateries that serve classic Hong Kong comfort food, making it a popular destination for both tourists exploring Causeway Bay and locals seeking quality meals. Many of these restaurants on Kai Yuen Terrace operate late into the evening, reflecting Hong Kong's vibrant dining culture and providing convenient options for shoppers and visitors in the busy Causeway Bay district.