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

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

Renting a restaurant on Yik Kwan Avenue in Tai Hang, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and culturally rich neighborhoods. This prime location provides easy access to high foot traffic from both local residents and tourists exploring the famous Tai Hang Fire Dragon Dance heritage area, ensuring consistent customer flow throughout the year. Yik Kwan Avenue restaurants benefit from the district's unique blend of traditional Hong Kong charm and modern dining culture, attracting food enthusiasts seeking authentic local experiences and international cuisine. The area's proximity to Causeway Bay's shopping districts and Victoria Park creates additional dining demand from shoppers and park visitors, while the neighborhood's growing reputation as a foodie destination means restaurant businesses can capitalize on both lunch and dinner crowds. With competitive rental rates compared to nearby Causeway Bay while maintaining excellent transport links via MTB and bus connections, Yik Kwan Avenue represents an ideal balance of affordability and accessibility for restaurant entrepreneurs looking to establish a successful dining establishment in Hong Kong's dynamic food scene.

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

The cost to rent a restaurant on Yik Kwan Avenue 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 along the street. Yik Kwan Avenue restaurant rental prices are influenced by factors such as floor area, which usually ranges from 800 to 2,500 square feet, street-level visibility, and proximity to popular dining establishments in the Tai Hang neighborhood. Restaurant spaces for rent on Yik Kwan Avenue often command premium rates due to the area's reputation as a vibrant dining district with high foot traffic, particularly during evenings and weekends. Additional costs for restaurant rental in Tai Hang may include management fees of 3-5% of monthly rent, utility deposits, and government rates, which can add approximately HK$10,000 to HK$30,000 to monthly operating expenses. Prospective restaurateurs should also budget for renovation costs, licensing fees, and equipment installation when calculating the total investment required to open a restaurant on Yik Kwan Avenue, as most commercial spaces are leased in shell condition requiring significant customization for food service operations.

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

Yik Kwan Avenue in Causeway Bay, Hong Kong is home to a diverse range of restaurants that cater to both local and international tastes. This bustling street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea cafes (cha chaan tengs), upscale Chinese dining establishments, and various international cuisine options including Japanese, Korean, and Western restaurants. The area is particularly known for its high-quality seafood restaurants and roast meat shops that serve Hong Kong's famous char siu and roast duck. Many of these Yik Kwan Avenue restaurants operate from early morning until late night, making it a popular dining destination for both tourists and locals exploring Causeway Bay's vibrant food scene. The street's proximity to major shopping areas and the Causeway Bay MTR station makes these restaurants easily accessible, contributing to the area's reputation as one of Hong Kong's premier dining districts where visitors can experience everything from affordable street food to fine dining establishments.