F&B Units for Rent on Chiu Kwong Street, Hong Kong

Why rent a restaurant on Chiu Kwong Street, Sai Ying Pun, Hong Kong?

Renting a restaurant on Chiu Kwong Street in Sai Ying Pun, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and rapidly developing neighborhoods. This strategic location provides excellent accessibility through nearby MTR stations and bus routes, ensuring steady foot traffic from both local residents and tourists exploring the area. Chiu Kwong Street benefits from Sai Ying Pun's transformation into a trendy dining and entertainment district, attracting young professionals, expatriates, and food enthusiasts who appreciate diverse culinary experiences. The street's proximity to major commercial areas, residential complexes, and educational institutions creates a consistent customer base throughout the day. Restaurant owners can capitalize on the area's growing reputation as a foodie destination while enjoying relatively competitive rental rates compared to more established dining districts in Central or Tsim Sha Tsui. The neighborhood's blend of traditional Hong Kong culture and modern urban development appeals to a wide demographic, making it an ideal location for restaurants ranging from casual eateries to upscale dining establishments. Additionally, the ongoing urban renewal projects and infrastructure improvements in Sai Ying Pun continue to enhance the area's appeal and accessibility, promising long-term growth potential for restaurant businesses on Chiu Kwong Street.

How much does it cost to rent a restaurant on Chiu Kwong Street, Sai Ying Pun, Hong Kong?

The cost to rent a restaurant on Chiu Kwong Street, Sai Ying Pun, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, condition, and exact location of the property. Restaurant rental prices on Chiu Kwong Street vary significantly based on factors such as floor area, street-level accessibility, existing kitchen facilities, and proximity to MTR stations. Ground floor restaurant spaces with high foot traffic visibility generally command higher rents, often exceeding HK$150,000 monthly for properties between 800-1,200 square feet. Smaller restaurant units or those located on upper floors may be available for around HK$60,000 to HK$100,000 per month. Additional costs for restaurant rentals in Sai Ying Pun include security deposits equivalent to 2-3 months rent, management fees, utilities, and potential renovation expenses to meet food service licensing requirements. Property agents specializing in Sai Ying Pun commercial rentals recommend budgeting an additional 20-30% above base rent for these associated costs when planning to rent a restaurant space on Chiu Kwong Street.

What type of restaurant can be found on Chiu Kwong Street, Causeway Bay, Hong Kong?

Chiu Kwong Street in Causeway Bay, Hong Kong is home to a diverse array of restaurants that cater to both locals and tourists exploring this vibrant shopping district. The street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style cha chaan tengs (tea restaurants), upscale seafood establishments, and international cuisine options including Japanese, Korean, and Western dining venues. Many of the restaurants on Chiu Kwong Street specialize in fresh seafood dishes, reflecting Hong Kong's coastal location and culinary heritage, while others offer classic Hong Kong comfort foods like wonton noodles, roast duck, and milk tea. The dining scene on this Causeway Bay street ranges from casual local eateries perfect for quick meals to elegant fine dining establishments suitable for special occasions, making it a popular destination for food enthusiasts seeking to experience Hong Kong's renowned culinary culture in one of the city's most dynamic neighborhoods.