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Why rent a restaurant on Peacock Road, North Point, Hong Kong?
Renting a restaurant on Peacock Road in North Point, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining districts. Located in the heart of North Point, Peacock Road provides restaurant owners with high foot traffic from both local residents and tourists exploring this authentic Hong Kong neighborhood. The area boasts excellent transport links with North Point MTR station nearby, making it easily accessible for customers throughout Hong Kong Island. Restaurant rental costs on Peacock Road are typically more affordable compared to prime Central or Causeway Bay locations, while still offering strong revenue potential due to the dense residential population and growing commercial activity in North Point. The street features a diverse mix of local eateries, international cuisine, and traditional dim sum restaurants, creating a thriving food scene that attracts food enthusiasts. Additionally, North Point's proximity to major business districts and shopping areas ensures a steady stream of office workers and shoppers seeking dining options. For entrepreneurs looking to establish a restaurant business in Hong Kong, Peacock Road in North Point presents an ideal combination of reasonable rental rates, strategic location, strong customer base, and authentic local atmosphere that can contribute to long-term business success.
How much does it cost to rent a restaurant on Peacock Road, North Point, Hong Kong?
The cost to rent a restaurant on Peacock Road in North Point, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location, and condition of the property. Restaurant rental prices on Peacock Road vary significantly based on factors such as floor area, street-level versus upper-floor positioning, and proximity to North Point MTR station. Smaller restaurant spaces of 500-800 square feet may cost between HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,000 square feet can command rents of HK$150,000 to HK$200,000 or more per month. Ground floor restaurant units with good foot traffic visibility generally command premium rents compared to upper-floor locations on Peacock Road. Additional costs for restaurant rentals in North Point include government rates, management fees, utility deposits, and potential key money or premium payments. Prospective restaurant operators should also budget for renovation costs, licensing fees, and equipment installation when calculating the total investment required to open a restaurant on Peacock Road, North Point.
What type of restaurant can be found on Peacock Road, Causeway Bay, Hong Kong?
Peacock Road in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various tastes and budgets. This bustling street features authentic Cantonese dim sum restaurants, traditional Chinese eateries serving regional specialties, Japanese sushi bars and ramen shops, Korean barbecue establishments, and Western-style cafes and bistros. The area is particularly known for its high-quality seafood restaurants that serve fresh catches prepared in traditional Hong Kong style, as well as trendy fusion restaurants that blend Asian and international cuisines. Food lovers visiting Peacock Road can also find casual dining options including hotpot restaurants, noodle houses, and local cha chaan tengs (tea restaurants) that offer affordable Hong Kong-style comfort food. The restaurant scene on Peacock Road reflects Causeway Bay's reputation as one of Hong Kong's premier dining districts, with establishments ranging from Michelin-starred fine dining venues to street-side food stalls, making it a popular destination for both locals and tourists seeking authentic Hong Kong culinary experiences.