F&B Units for Rent on Tai Ping Shan Street, Hong Kong
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Why rent a restaurant on Tai Ping Shan Street, Sheung Wan, Hong Kong?
Renting a restaurant on Tai Ping Shan Street in Sheung Wan, Hong Kong offers exceptional business opportunities in one of the city's most vibrant culinary districts. This historic street is strategically located in the heart of Sheung Wan, providing excellent foot traffic from both local residents and international tourists exploring Hong Kong's cultural heritage. The area benefits from its proximity to Central business district, making it ideal for attracting office workers during lunch hours and after-work dining. Tai Ping Shan Street has transformed into a trendy dining destination known for its eclectic mix of traditional and contemporary restaurants, creating a dynamic food scene that draws food enthusiasts from across Hong Kong. The street's unique character, featuring preserved heritage buildings alongside modern establishments, provides an authentic Hong Kong atmosphere that appeals to both locals and visitors. Additionally, the excellent transportation links including nearby MTR stations and bus routes ensure easy accessibility for customers. The growing reputation of Sheung Wan as a creative hub and its increasing popularity among young professionals and expatriates make Tai Ping Shan Street an ideal location for restaurant businesses looking to establish themselves in Hong Kong's competitive F&B market while benefiting from the area's rich cultural heritage and modern urban appeal.
How much does it cost to rent a restaurant on Tai Ping Shan Street, Sheung Wan, Hong Kong?
The cost to rent a restaurant on Tai Ping Shan Street in Sheung Wan, 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 Tai Ping Shan Street vary significantly based on factors such as square footage, street-level visibility, existing kitchen facilities, and proximity to popular attractions like Man Mo Temple. Ground floor restaurants with good foot traffic exposure generally command higher rents of HK$150,000 to HK$200,000 monthly, while smaller establishments or those on upper floors may rent for HK$80,000 to HK$120,000 per month. The trendy Sheung Wan district, known for its mix of traditional and modern dining establishments, attracts both local and tourist customers, making Tai Ping Shan Street a desirable location for restaurant operators. Additional costs to consider when renting a restaurant space include security deposits equivalent to 2-3 months rent, legal fees, renovation expenses, and monthly management fees that can add 10-15% to the base rental cost.
What type of restaurant can be found on Tai Ping Shan Street, Causeway Bay, Hong Kong?
Tai Ping Shan Street in Causeway Bay, Hong Kong offers a diverse array of restaurant options that cater to both local and international tastes. This vibrant street is home to traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea houses, and casual cha chaan tengs serving local comfort food like milk tea and pineapple buns. Visitors can also find modern fusion restaurants, Japanese sushi bars, Korean BBQ establishments, and trendy cafes offering international cuisine. The street features everything from budget-friendly local eateries and street food stalls to upscale dining establishments, making it a popular food destination for tourists and locals alike. Many restaurants on Tai Ping Shan Street specialize in fresh seafood, roasted meats, and traditional Hong Kong desserts, while others offer contemporary Asian fusion dishes that blend local flavors with international cooking techniques. The area is particularly known for its late-night dining options and authentic Hong Kong culinary experiences.