F&B Units for Rent on Hoi Hong Street, Hong Kong
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Why rent a restaurant on Hoi Hong Street, Quarry Bay, Hong Kong?
Renting a restaurant on Hoi Hong Street in Quarry Bay, Hong Kong offers exceptional business opportunities due to its prime location in one of Hong Kong's most vibrant commercial districts. Hoi Hong Street benefits from high foot traffic generated by the nearby Quarry Bay MTR station and the concentration of major office buildings including Taikoo Place, which houses numerous multinational corporations and attracts thousands of office workers daily. The area's strategic position between Causeway Bay and North Point provides excellent accessibility for both local residents and tourists, while the street's proximity to shopping centers like Cityplaza ensures consistent customer flow throughout the day. Restaurant operators can capitalize on the diverse demographic mix of expatriate professionals, local workers, and families living in the surrounding residential complexes, creating multiple revenue streams from breakfast, lunch, dinner, and weekend dining. Additionally, Quarry Bay's reputation as a foodie destination with its eclectic mix of international cuisines means restaurants on Hoi Hong Street can benefit from the area's established culinary reputation while enjoying relatively lower rental costs compared to Central or Tsim Sha Tsui, making it an ideal location for both established restaurateurs and new food and beverage entrepreneurs looking to establish their presence in Hong Kong's competitive dining market.
How much does it cost to rent a restaurant on Hoi Hong Street, Quarry Bay, Hong Kong?
Restaurant rental costs on Hoi Hong Street in Quarry Bay, Hong Kong typically range from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and condition of the property. Hoi Hong Street is a popular dining destination in Quarry Bay that attracts both locals and tourists, making it a prime location for restaurant businesses. Smaller restaurant spaces of around 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. The rental price for restaurants on Hoi Hong Street Quarry Bay is influenced by factors such as foot traffic, proximity to MTR stations, ground floor versus upper floor locations, and the overall economic climate in Hong Kong. Prospective restaurant owners should also budget for additional costs including government licensing fees, renovation expenses, equipment purchases, and security deposits which typically amount to 2-3 months rent when leasing restaurant space in Quarry Bay Hong Kong.
What type of restaurant can be found on Hoi Hong Street, Causeway Bay, Hong Kong?
Hoi Hong Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that reflect the district's vibrant culinary scene. Visitors to this bustling street can find traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), upscale international dining establishments, and popular local noodle shops. The area features everything from casual street food vendors serving fish balls and egg waffles to sophisticated restaurants offering fine dining experiences with both Asian and Western cuisines. Many of the restaurants on Hoi Hong Street cater to both locals and tourists, providing a mix of affordable local eateries and premium dining options that showcase Hong Kong's reputation as a global food destination. The street's proximity to major shopping areas in Causeway Bay makes it a popular dining destination for shoppers and business professionals seeking quick meals or elaborate dinner experiences in one of Hong Kong's most dynamic neighborhoods.