F&B Units for Rent on Hung Kwong Street, Hong Kong

Why rent a restaurant on Hung Kwong Street, To Kwa Wan, Hong Kong?

Renting a restaurant on Hung Kwong Street in To Kwa Wan, Hong Kong offers exceptional business opportunities in one of the city's most rapidly developing neighborhoods. This strategic location provides excellent accessibility through multiple MTR connections and bus routes, making it convenient for both local residents and tourists to visit your establishment. Hung Kwong Street benefits from high foot traffic due to its proximity to residential complexes, office buildings, and shopping areas, ensuring a steady stream of potential customers throughout the day. The area offers competitive rental rates compared to more established districts like Central or Tsim Sha Tsui, allowing restaurant owners to maximize profit margins while still operating in a prime Hong Kong location. To Kwa Wan's diverse demographic includes young professionals, families, and students, creating demand for various dining concepts from casual eateries to upscale restaurants. The neighborhood's ongoing urban redevelopment projects and infrastructure improvements continue to enhance its commercial appeal, making restaurant rental on Hung Kwong Street a smart long-term investment. Additionally, the street's proximity to traditional markets and suppliers ensures easy access to fresh ingredients, while the growing reputation of To Kwa Wan as a foodie destination attracts culinary enthusiasts seeking new dining experiences.

How much does it cost to rent a restaurant on Hung Kwong Street, To Kwa Wan, Hong Kong?

The cost to rent a restaurant on Hung Kwong Street in To Kwa Wan, Hong Kong typically ranges from HKD 25,000 to HKD 80,000 per month, depending on several key factors including the property size, condition, and specific location along the street. Restaurant rental prices in To Kwa Wan are generally more affordable compared to prime commercial districts like Central or Tsim Sha Tsui, making Hung Kwong Street an attractive option for food and beverage entrepreneurs seeking cost-effective locations. Factors that influence restaurant rental costs on Hung Kwong Street include the ground floor versus upper floor positioning, total square footage, existing kitchen equipment and fixtures, lease terms and duration, and proximity to the To Kwa Wan MTR station. Properties closer to major intersections or with better street visibility command higher monthly rents, while smaller establishments or those requiring significant renovation may be available at the lower end of the price range. When budgeting for a restaurant rental on Hung Kwong Street, potential tenants should also factor in additional costs such as management fees, utility deposits, renovation expenses, and the standard practice of paying several months rent in advance as security deposit.

What type of restaurant can be found on Hung Kwong Street, Causeway Bay, Hong Kong?

Hung Kwong Street in Causeway Bay, Hong Kong is home to a diverse range of restaurants that cater to both locals and tourists visiting this bustling shopping district. The street features traditional Cantonese dim sum restaurants, modern tea houses, international cuisine establishments, and casual dining spots that serve everything from authentic Hong Kong-style milk tea to Western fusion dishes. Popular restaurant types on Hung Kwong Street include cha chaan tengs which are Hong Kong-style tea restaurants offering affordable local comfort food, upscale Chinese restaurants specializing in seafood and roast meats, Japanese sushi bars and ramen shops, Korean barbecue restaurants, and contemporary cafes serving coffee and light meals. Many of these Causeway Bay restaurants on Hung Kwong Street operate late into the evening, making it a prime dining destination for food enthusiasts exploring Hong Kong's vibrant culinary scene, with options ranging from budget-friendly street food style eateries to premium dining establishments that showcase the best of Asian and international flavors.