F&B Units for Rent on Hoi Chak Street, Hong Kong

Why rent a restaurant on Hoi Chak Street, Quarry Bay, Hong Kong?

Renting a restaurant on Hoi Chak Street in Quarry Bay, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. This bustling street provides high foot traffic from nearby office buildings, residential complexes, and the Quarry Bay MTR station, ensuring a steady stream of potential customers throughout the day. The area attracts a diverse mix of local professionals, expatriates, and tourists, creating an ideal customer base for various dining concepts from casual eateries to upscale restaurants. Hoi Chak Street benefits from excellent transportation links and accessibility, making it convenient for both dine-in customers and delivery services. The competitive rental rates compared to Central or Tsim Sha Tsui, combined with the growing popularity of Quarry Bay as a dining destination, make it an attractive investment for restaurateurs looking to establish or expand their presence in Hong Kong's dynamic food and beverage market. Additionally, the street's proximity to major shopping centers and entertainment venues provides additional opportunities for cross-promotional marketing and extended operating hours to maximize revenue potential.

How much does it cost to rent a restaurant on Hoi Chak Street, Quarry Bay, Hong Kong?

The cost to rent a restaurant on Hoi Chak Street in Quarry Bay, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and condition of the property. Ground floor restaurant spaces with street-facing frontage command premium prices, often exceeding HK$150,000 monthly for properties between 800 to 1,500 square feet. Smaller restaurant units or those located on upper floors may be available for HK$60,000 to HK$100,000 per month. Additional costs include government rates, management fees, utility deposits, and mandatory renovation expenses which can add 20-30% to the base rental cost. Hoi Chak Street restaurant rental prices have remained relatively stable compared to other Quarry Bay commercial areas, making it an attractive option for food and beverage businesses seeking affordable premises with good foot traffic from nearby office buildings and residential complexes. Prospective tenants should budget for at least 3-6 months advance rent as security deposit when negotiating restaurant lease agreements on Hoi Chak Street.

What type of restaurant can be found on Hoi Chak Street, Causeway Bay, Hong Kong?

Hoi Chak Street in Causeway Bay, Hong Kong is renowned for its diverse collection of restaurants that cater to both locals and tourists exploring this vibrant shopping district. The street features an eclectic mix of dining establishments including traditional Cantonese restaurants serving authentic dim sum and roasted meats, Japanese restaurants offering fresh sushi and ramen, Korean barbecue houses, trendy cafes serving international fusion cuisine, and popular chain restaurants. Food enthusiasts visiting Hoi Chak Street can discover everything from upscale dining venues in nearby shopping malls to casual street-side eateries that serve Hong Kong's famous local dishes like char siu bao, wonton noodles, and egg tarts. The restaurant scene on Hoi Chak Street reflects Causeway Bay's position as one of Hong Kong's premier dining destinations, where traditional Chinese cuisine blends seamlessly with international flavors, making it an ideal location for food lovers seeking variety and quality in one of Asia's most dynamic culinary landscapes.