F&B Units for Rent on North Point Terrace, Hong Kong

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

Renting a restaurant on North Point Terrace in North Point, Hong Kong offers exceptional business opportunities for restaurateurs seeking prime location advantages in one of the city's most vibrant districts. This strategic location provides high foot traffic from both local residents and tourists, with excellent connectivity to MTR stations and major transportation hubs throughout Hong Kong Island. North Point Terrace restaurants benefit from the area's diverse demographic mix, including expatriate communities and affluent local families who frequently dine out, ensuring a steady customer base. The terrace location offers potential for outdoor seating and scenic views, creating an attractive dining atmosphere that can command premium pricing. Additionally, North Point's growing reputation as a foodie destination means restaurant businesses can capitalize on the district's culinary tourism, while benefiting from relatively lower rental costs compared to Central or Causeway Bay. The area's proximity to major residential complexes, shopping centers, and business districts ensures consistent lunch and dinner crowds, making North Point Terrace an ideal location for establishing a profitable restaurant venture in Hong Kong's competitive dining market.

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

The cost to rent a restaurant on North Point Terrace in North Point, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location within the terrace, and current market conditions. Restaurant rental prices on North Point Terrace vary significantly based on factors such as floor area, street-level accessibility, existing kitchen facilities, and proximity to the North Point MTR station. Ground floor restaurant spaces with high foot traffic visibility generally command premium rents of HK$150,000 to HK$200,000 monthly, while upper-floor restaurant units may be available from HK$80,000 to HK$120,000 per month. Additional costs for restaurant tenants on North Point Terrace include management fees averaging HK$15 to HK$25 per square foot monthly, utility deposits, and potential renovation expenses for kitchen setup and interior design. Prospective restaurant operators should budget for at least six months advance rent as security deposit when leasing commercial restaurant space in this popular North Point dining district, as landlords typically require substantial upfront payments due to the high demand for restaurant locations along North Point Terrace.

What type of restaurant can be found on North Point Terrace, Causeway Bay, Hong Kong?

North Point Terrace in Causeway Bay, Hong Kong features a diverse range of restaurants that cater to both local and international dining preferences. The area is home to traditional Cantonese dim sum restaurants, authentic Chinese cuisine establishments, Japanese sushi bars, Korean barbecue restaurants, and Western-style cafes and bistros. Visitors to North Point Terrace can find everything from casual street food vendors and tea houses to upscale fine dining establishments, making it a popular culinary destination in Causeway Bay. The restaurant scene on North Point Terrace reflects Hong Kong's multicultural food culture, offering seafood restaurants specializing in fresh catches, hotpot establishments, Thai and Vietnamese eateries, as well as international fast food chains. Many of these restaurants on North Point Terrace provide outdoor seating with scenic views, making them ideal for both tourists exploring Causeway Bay and locals seeking quality dining experiences in this vibrant Hong Kong neighborhood.