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Why rent a restaurant on Tong Chong Street, Quarry Bay, Hong Kong?
Renting a restaurant on Tong Chong Street in Quarry Bay, Hong Kong offers exceptional business opportunities for food entrepreneurs seeking prime commercial real estate in this thriving district. Located in the heart of Quarry Bay's bustling business hub, Tong Chong Street provides high foot traffic from office workers, residents, and tourists visiting nearby attractions like Cityplaza shopping mall and Quarry Bay Park. The area's excellent connectivity through Quarry Bay MTR station ensures easy access for customers throughout Hong Kong Island, while the diverse mix of residential towers and commercial buildings creates a steady customer base throughout the day. Restaurant spaces on Tong Chong Street benefit from competitive rental rates compared to Central or Admiralty, yet still offer proximity to major corporations and international businesses in the Eastern District. The street's established dining scene, featuring everything from casual eateries to upscale restaurants, demonstrates proven market demand for food and beverage establishments. Additionally, Quarry Bay's growing reputation as a lifestyle destination, combined with its strategic location between North Point and Tai Koo, makes Tong Chong Street an ideal choice for restaurateurs looking to establish a profitable dining business in Hong Kong's dynamic culinary landscape.
How much does it cost to rent a restaurant on Tong Chong Street, Quarry Bay, Hong Kong?
The cost to rent a restaurant on Tong Chong Street in Quarry Bay, Hong Kong typically ranges from HK$80 to HK$150 per square foot per month, depending on the specific location, size, and condition of the property. Restaurant rental prices on Tong Chong Street have remained relatively stable due to the area's established dining scene and proximity to Quarry Bay MTR station, making it an attractive location for food and beverage businesses. Ground floor restaurant spaces with street frontage command premium rates, often reaching HK$120 to HK$150 per square foot monthly, while upper floor locations may be available for HK$80 to HK$100 per square foot. Additional costs for restaurant tenants on Tong Chong Street include management fees, utilities, and potential key money or security deposits that can range from 2 to 6 months' rent. The exact rental cost will also depend on factors such as lease terms, renovation conditions, kitchen facilities included, and the landlord's specific requirements for restaurant operations in this popular Quarry Bay dining district.
What type of restaurant can be found on Tong Chong Street, Causeway Bay, Hong Kong?
Tong Chong Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that cater to both local and international tastes. This vibrant street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, upscale seafood establishments, Japanese sushi bars, Korean BBQ restaurants, and modern fusion dining venues. Food enthusiasts visiting Tong Chong Street can enjoy everything from street food stalls offering fish balls and egg waffles to fine dining establishments serving premium Peking duck and fresh seafood. The restaurant scene on Tong Chong Street reflects Causeway Bay's reputation as one of Hong Kong's premier dining districts, with options ranging from budget-friendly local eateries to high-end international cuisine, making it a popular destination for both tourists and locals seeking quality dining experiences in the heart of Hong Kong Island.