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

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

Renting a restaurant on Ming Yuen Western Street in North Point, Hong Kong offers exceptional business opportunities for food and beverage entrepreneurs seeking a prime location in one of Hong Kong's most vibrant neighborhoods. This strategic street in North Point provides excellent foot traffic from both local residents and tourists, with easy access to MTR transportation links that connect to major business districts across Hong Kong Island. Ming Yuen Western Street benefits from North Point's diverse demographic mix, including expatriate communities and local families who frequently dine out, creating a steady customer base for restaurant businesses. The area's growing reputation as a culinary destination, combined with relatively competitive rental rates compared to Central or Causeway Bay, makes Ming Yuen Western Street an attractive option for restaurant operators looking to establish or expand their presence in Hong Kong. Additionally, the street's proximity to shopping centers, residential complexes, and office buildings ensures consistent daily traffic, while the neighborhood's authentic local atmosphere appeals to diners seeking genuine Hong Kong dining experiences, making it an ideal location for both casual dining establishments and specialty restaurants.

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

The cost to rent a restaurant on Ming Yuen Western Street in North Point, Hong Kong varies significantly depending on the size, condition, and specific location along the street. Restaurant rental prices in this bustling North Point area typically range from HK$30,000 to HK$80,000 per month for spaces between 500 to 1,500 square feet, with ground floor locations commanding premium rates due to higher foot traffic and visibility. Ming Yuen Western Street restaurant rentals often include additional costs such as government rates, management fees, and utilities, which can add 15-25% to the base monthly rent. The street's proximity to North Point MTR station and its established food and beverage scene make it a desirable location for restaurant operators, though this popularity drives rental costs higher than some other Hong Kong districts. Prospective restaurant tenants should budget for key money deposits ranging from 3-6 months' rent, plus renovation costs that can vary widely based on the existing fit-out condition. For the most current Ming Yuen Western Street restaurant rental prices, it's recommended to consult with local commercial real estate agents who specialize in North Point food and beverage properties, as market rates fluctuate based on demand and economic conditions.

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

Ming Yuen Western Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants catering 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 modern fusion dining venues. Visitors can find everything from street food stalls serving local favorites like fish balls and egg waffles to upscale fine dining restaurants offering international cuisine. The area is particularly known for its seafood restaurants specializing in fresh catches, as well as hot pot restaurants that are popular among locals and tourists alike. Many establishments on Ming Yuen Western Street operate late into the night, making it a popular destination for both lunch and dinner in the heart of Causeway Bay's vibrant dining scene.