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

Why rent a restaurant on Hoi Foo Street, Shau Kei Wan, Hong Kong?

Renting a restaurant on Hoi Foo Street in Shau Kei Wan, Hong Kong offers exceptional business opportunities for food entrepreneurs looking to establish themselves in one of the city's most vibrant culinary districts. This prime location benefits from heavy foot traffic due to its proximity to the Shau Kei Wan MTR station and the bustling local community, ensuring consistent customer flow throughout the day. Hoi Foo Street is renowned for its diverse dining scene and attracts both locals and tourists seeking authentic Hong Kong cuisine, making it an ideal spot for restaurants specializing in traditional Cantonese food, dim sum, or international fusion concepts. The area's relatively affordable rental rates compared to Central or Tsim Sha Tsui districts allow restaurateurs to maximize profit margins while still accessing Hong Kong's lucrative food market. Additionally, Shau Kei Wan's strong residential population provides a stable customer base for daily operations, while the street's established reputation as a food destination helps new restaurants gain visibility and credibility quickly. The neighborhood's excellent transport links and parking availability also make it convenient for customers to visit, contributing to higher customer retention and word-of-mouth marketing opportunities.

How much does it cost to rent a restaurant on Hoi Foo Street, Shau Kei Wan, Hong Kong?

The cost to rent a restaurant on Hoi Foo Street in Shau Kei Wan, Hong Kong typically ranges from HK$25,000 to HK$80,000 per month, depending on several key factors including the size of the premises, exact location along the street, and current market conditions. Restaurant rental prices on Hoi Foo Street vary significantly based on whether the property is street-level or on upper floors, with ground floor locations commanding premium rates due to higher foot traffic and visibility. The rental cost for restaurants in Shau Kei Wan is generally more affordable compared to Central Hong Kong districts, making Hoi Foo Street an attractive option for restaurateurs seeking lower overhead costs while maintaining access to the local dining market. Additional expenses to consider when budgeting for a restaurant rental on Hoi Foo Street include government rates, management fees, utility deposits, and potential renovation costs to customize the space for food service operations. Prospective tenants should also factor in that most landlords in Shau Kei Wan require a security deposit equivalent to two to three months rent, and rental agreements typically include annual rent increases of 3-5 percent to account for inflation and market adjustments.

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

Hoi Foo Street in Causeway Bay, Hong Kong offers a diverse range of restaurant types that cater to both locals and tourists exploring this vibrant shopping district. The street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), Japanese sushi bars, Korean BBQ establishments, and modern fusion dining venues. Food enthusiasts can discover everything from casual street food stalls serving fish balls and egg waffles to upscale international cuisine restaurants offering Italian, Western, and contemporary Asian dishes. Many of the restaurants on Hoi Foo Street Causeway Bay specialize in Hong Kong's famous roast duck and char siu, while others focus on hotpot dining and seafood preparations. The area's proximity to major shopping centers like Times Square and Hysan Place makes these Causeway Bay restaurants popular destinations for shoppers seeking quick lunch spots, business dinners, or late-night dining options, with many establishments staying open until the early hours to accommodate Hong Kong's bustling nightlife scene.