F&B Units for Rent on Ormsby Street, Hong Kong
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Why rent a restaurant on Ormsby Street, Tai Hang, Hong Kong?
Renting a restaurant on Ormsby Street in Tai Hang, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and culturally rich neighborhoods. Located in the heart of Tai Hang, Ormsby Street provides restaurant owners with access to a diverse customer base including local residents, expatriates, and tourists drawn to the area's famous Tin Hau Temple and annual Fire Dragon Dance festival. The street benefits from excellent foot traffic throughout the day and evening, with its proximity to Causeway Bay's shopping districts and Victoria Park ensuring a steady stream of potential diners. Restaurant spaces on Ormsby Street Tai Hang typically feature competitive rental rates compared to prime Central or Tsim Sha Tsui locations while still offering the prestige of a Hong Kong Island address. The area's established food scene, ranging from traditional dim sum houses to trendy international cuisines, creates a supportive environment for new restaurant ventures. Additionally, Ormsby Street's excellent public transportation links, including nearby MTR stations and bus routes, make it easily accessible for both customers and staff, while the neighborhood's growing reputation as a culinary destination continues to attract food enthusiasts seeking authentic Hong Kong dining experiences.
How much does it cost to rent a restaurant on Ormsby Street, Tai Hang, Hong Kong?
The cost to rent a restaurant on Ormsby Street in Tai Hang, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, condition, and specific location of the property. Ormsby Street restaurant rental prices are influenced by factors such as floor area, street-level visibility, existing kitchen equipment, and proximity to popular establishments in this trendy Tai Hang neighborhood. Ground floor restaurants with prime street frontage on Ormsby Street generally command higher rents, often exceeding HK$150,000 monthly, while smaller upper-floor spaces may be available from HK$60,000 to HK$100,000 per month. Restaurant operators should also budget for additional costs including government licensing fees, utilities deposits, renovation expenses, and management fees when calculating the total investment required to open a restaurant on Ormsby Street. Due to Tai Hang's popularity as a dining destination and limited commercial space availability, restaurant rental prices on Ormsby Street have remained relatively stable with periodic increases reflecting Hong Kong's competitive F&B market dynamics.
What type of restaurant can be found on Ormsby Street, Causeway Bay, Hong Kong?
Ormsby Street in Causeway Bay, Hong Kong is home to a diverse range of restaurants that cater to both local and international tastes. This vibrant dining destination features everything from traditional Cantonese dim sum restaurants and authentic Hong Kong-style tea houses to modern fusion establishments and international cuisine options including Japanese, Korean, Thai, and Western restaurants. The street is particularly known for its mix of casual dining spots, upscale establishments, and popular chain restaurants that serve the bustling Causeway Bay district. Food enthusiasts visiting Ormsby Street can expect to find both affordable local eateries offering classic Hong Kong dishes like wonton noodles and char siu bao, as well as contemporary restaurants featuring innovative Asian fusion menus. The restaurant scene on Ormsby Street reflects Causeway Bay's status as one of Hong Kong's premier shopping and dining districts, making it an ideal location for both quick meals and leisurely dining experiences that showcase the city's rich culinary heritage alongside modern gastronomic trends.