F&B Units for Rent on Tai Hang Drive, Hong Kong

Why rent a restaurant on Tai Hang Drive, Tai Hang, Hong Kong?

Renting a restaurant on Tai Hang Drive 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 Causeway Bay district, Tai Hang Drive provides excellent foot traffic from both local residents and tourists exploring the famous Tai Hang Fire Dragon Dance heritage site and nearby Victoria Park. The area boasts strong connectivity with multiple MTR stations within walking distance, including Tin Hau and Causeway Bay stations, ensuring steady customer flow throughout the day. Restaurant operators benefit from Tai Hang's unique blend of traditional Hong Kong culture and modern dining scene, with the neighborhood attracting food enthusiasts seeking authentic local experiences alongside international cuisine. The relatively lower rental costs compared to prime Causeway Bay locations, combined with the area's growing reputation as a foodie destination, make Tai Hang Drive an ideal location for restaurants looking to establish a strong presence in Hong Kong's competitive F&B market. Additionally, the neighborhood's mix of residential buildings and commercial spaces creates a diverse customer base, from office workers seeking lunch options to families dining out for dinner, providing multiple revenue streams throughout different times of the day.

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

The cost to rent a restaurant on Tai Hang Drive in Tai Hang, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month, depending on the size, location, and condition of the property. Ground floor restaurants with street-facing frontage on Tai Hang Drive command premium rents due to high foot traffic and visibility, often exceeding HK$200,000 monthly for spaces around 1,000 to 2,000 square feet. Smaller restaurant spaces or those located on upper floors may start from HK$80,000 to HK$150,000 per month. The rental costs in Tai Hang are influenced by the area's popularity as a trendy dining destination, proximity to Causeway Bay, and the limited availability of commercial spaces. Additional costs for restaurant rental in Tai Hang include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental price. Prospective restaurateurs should also budget for renovation costs, licensing fees, and equipment installation when planning to rent a restaurant space on Tai Hang Drive, as most properties require significant customization to meet food service requirements.

What type of restaurant can be found on Tai Hang Drive, Causeway Bay, Hong Kong?

Tai Hang Drive in Causeway Bay, Hong Kong offers a diverse array of dining establishments that cater to both local residents and international visitors. This vibrant street features traditional Cantonese restaurants serving authentic dim sum and roasted meats, contemporary fusion eateries blending Asian and Western cuisines, and casual cafes perfect for quick meals or afternoon tea. Visitors to Tai Hang Drive can find popular local cha chaan tengs (tea restaurants) offering Hong Kong-style breakfast and comfort food, upscale dining venues with panoramic city views, and specialty restaurants focusing on specific regional Chinese cuisines such as Sichuan or Shanghainese dishes. The restaurant scene on Tai Hang Drive reflects Causeway Bay's cosmopolitan nature, with Japanese sushi bars, Korean barbecue spots, Thai restaurants, and Western bistros complementing the predominantly Chinese dining options. Many establishments along this Causeway Bay street are known for their fresh seafood preparations, innovative cocktail menus, and both indoor and outdoor seating arrangements that take advantage of Hong Kong's dynamic urban atmosphere.