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

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

Renting a restaurant on Yuet Yuen Street in North Point, Hong Kong offers exceptional business opportunities due to its strategic location in one of Hong Kong Island's most vibrant residential and commercial districts. This bustling street benefits from high foot traffic generated by nearby shopping centers, residential complexes, and the North Point MTR station, ensuring a steady stream of potential customers throughout the day. The area attracts both local Hong Kong residents and tourists exploring the authentic local dining scene, making it ideal for restaurants serving traditional Cantonese cuisine or international fare. Yuet Yuen Street's proximity to major business districts like Quarry Bay and Causeway Bay provides access to office workers seeking lunch and dinner options, while the dense residential population in North Point guarantees a loyal customer base for daily dining needs. The street's established reputation as a food destination, combined with relatively competitive rental rates compared to Central or Tsim Sha Tsui, makes it an attractive investment for restaurateurs looking to establish or expand their presence in Hong Kong's competitive F&B market. Additionally, the excellent public transportation connectivity and parking availability in the area ensure easy accessibility for customers, contributing to the long-term success potential of restaurant businesses on Yuet Yuen Street.

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

The cost to rent a restaurant on Yuet Yuen Street in North Point, Hong Kong typically ranges from HK$40,000 to HK$120,000 per month, depending on the size, condition, and exact location of the property. Restaurant rental prices on Yuet Yuen Street North Point vary significantly based on factors such as floor area, whether the space includes existing kitchen equipment, foot traffic levels, and proximity to the North Point MTR station. Smaller restaurant spaces of 300-500 square feet may start around HK$40,000 monthly, while larger establishments exceeding 1,000 square feet can command rents of HK$80,000 to HK$120,000 or more per month. Additional costs for restaurant rental in North Point Hong Kong include management fees, rates and government rent, utilities, and potential key money or security deposits that can range from 2-6 months rent upfront. The Yuet Yuen Street area is popular for dining establishments due to its residential density and accessibility, making restaurant rental costs competitive compared to other North Point commercial areas. Prospective tenants should also budget for renovation costs, licensing fees, and equipment if not included in the rental agreement when calculating the total investment required for renting a restaurant space on Yuet Yuen Street.

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

Yuet Yuen Street in Causeway Bay, Hong Kong is home to a diverse range 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 known as cha chaan tengs, Japanese sushi bars, Korean BBQ establishments, and Western casual dining options. Visitors to Yuet Yuen Street can find everything from affordable local street food vendors serving fish balls and egg waffles to upscale dining establishments offering fine Cantonese cuisine. The area is particularly popular for its mix of traditional Hong Kong eateries alongside modern international chains, making it a popular dining destination in the heart of Causeway Bay's shopping district. Many of these restaurants stay open late into the evening, serving the busy crowds of shoppers and office workers who frequent this vibrant area of Hong Kong Island.