F&B Units for Rent on Li Kwan Avenue, Hong Kong

Why rent a restaurant on Li Kwan Avenue, Tai Hang, Hong Kong?

Renting a restaurant on Li Kwan Avenue in Tai Hang, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and affluent neighborhoods. This prime location provides excellent foot traffic from both local residents and tourists exploring the trendy Tai Hang district, known for its mix of traditional charm and modern dining culture. Li Kwan Avenue restaurants benefit from the area's proximity to Causeway Bay's shopping districts and Victoria Park, ensuring steady customer flow throughout the day. The neighborhood attracts a diverse clientele with strong purchasing power, making it ideal for various restaurant concepts from casual dining to upscale establishments. Additionally, Tai Hang's excellent public transportation connections via MTB stations and bus routes ensure easy accessibility for customers from across Hong Kong Island. The area's growing reputation as a foodie destination, combined with relatively lower rental costs compared to Central or Tsim Sha Tsui, makes Li Kwan Avenue an attractive investment for restaurateurs seeking to establish or expand their presence in Hong Kong's competitive F&B market while maintaining reasonable operational costs and high revenue potential.

How much does it cost to rent a restaurant on Li Kwan Avenue, Tai Hang, Hong Kong?

The cost to rent a restaurant on Li Kwan Avenue in Tai Hang, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location within the street, and condition of the property. Li Kwan Avenue restaurant rental prices are influenced by the area's popularity as a dining destination, with ground floor units commanding premium rates due to high foot traffic and visibility. Smaller restaurant spaces of around 800-1,200 square feet may start from HK$80,000 monthly, while larger establishments exceeding 2,000 square feet can reach HK$200,000 or more per month. Additional costs for restaurant rental in Tai Hang include government rates, management fees, utilities, and often a substantial security deposit equivalent to 3-6 months rent. The vibrant food scene on Li Kwan Avenue, known for its mix of local eateries and international restaurants, makes it a sought-after location for restaurateurs, which keeps rental prices competitive compared to other prime Hong Kong dining districts like Central or Tsim Sha Tsui.

What type of restaurant can be found on Li Kwan Avenue, Causeway Bay, Hong Kong?

Li Kwan Avenue in Causeway Bay, Hong Kong features a diverse array of restaurant types that cater to both locals and tourists visiting this bustling shopping district. The street is home to traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), Japanese sushi bars, Korean barbecue establishments, and international fast food chains. Visitors can find everything from upscale dining venues serving premium Peking duck and seafood to casual street food stalls offering local favorites like fish balls, egg waffles, and milk tea. The restaurant scene on Li Kwan Avenue reflects Causeway Bay's cosmopolitan nature, with Thai, Vietnamese, Italian, and Western fusion restaurants also operating alongside traditional Chinese eateries. Many of these establishments offer both indoor seating and outdoor dining options, making Li Kwan Avenue a popular food destination for those exploring the Causeway Bay area's shopping centers, hotels, and entertainment venues. The concentration of restaurants on this street makes it an ideal location for food lovers seeking to experience Hong Kong's renowned culinary diversity in one convenient location.