F&B Units for Rent on Ashley Road, Hong Kong
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Why rent a restaurant on Ashley Road, Tsim Sha Tsui, Hong Kong?
Ashley Road in Tsim Sha Tsui, Hong Kong offers exceptional opportunities for restaurant rental due to its prime location in one of the city's most vibrant dining and shopping districts. Renting a restaurant on Ashley Road provides access to heavy foot traffic from both locals and tourists visiting nearby attractions like the Star Ferry, Hong Kong Space Museum, and luxury shopping areas along Nathan Road. The area benefits from excellent transportation connectivity with multiple MTR stations, bus routes, and proximity to major hotels, ensuring a steady stream of potential customers throughout the day. Ashley Road's established reputation as a culinary destination means restaurants here can capitalize on the district's dining culture while benefiting from competitive rental rates compared to premium waterfront locations. The diverse demographic mix of office workers, shoppers, and international visitors creates opportunities for various restaurant concepts, from casual dining to upscale establishments. Additionally, the area's late-night economy and proximity to entertainment venues ensure extended operating hours can be profitable, making Ashley Road an ideal location for restaurant entrepreneurs looking to establish a successful food business in Hong Kong's competitive market.
How much does it cost to rent a restaurant on Ashley Road, Tsim Sha Tsui, Hong Kong?
The cost to rent a restaurant on Ashley Road in Tsim Sha Tsui, 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 restaurant spaces with prime street frontage on Ashley Road command premium rents of HK$200,000 to HK$300,000 monthly for spaces between 1,000 to 2,000 square feet, while smaller restaurants or those on upper floors may rent for HK$80,000 to HK$150,000 per month. Additional costs for restaurant rental in Tsim Sha Tsui include management fees averaging HK$15 to HK$25 per square foot, government rates and utilities, plus substantial security deposits equivalent to 3-6 months rent. The high rental costs on Ashley Road reflect its prime location in one of Hong Kong's busiest tourist and shopping districts, with excellent foot traffic and proximity to major hotels, making it an attractive but expensive location for restaurant businesses. Prospective tenants should budget for total monthly occupancy costs of 20-30% above the base rent when planning to open a restaurant in this prestigious Tsim Sha Tsui location.
What type of restaurant can be found on Ashley Road, Causeway Bay, Hong Kong?
Ashley Road in Causeway Bay, Hong Kong offers a diverse range of restaurants catering to every taste and budget, making it one of the city's premier dining destinations. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong-style breakfast and lunch, alongside upscale fine dining establishments featuring international cuisine from Japanese sushi bars to Italian trattorias. The street is particularly famous for its bustling local cha chaan tengs (tea restaurants) that serve Hong Kong-style Western food, as well as numerous hotpot restaurants, Korean BBQ joints, and trendy bubble tea shops. Food lovers will also discover traditional Chinese seafood restaurants, contemporary fusion eateries, fast-casual chains, and street food stalls offering local favorites like egg waffles and fish balls. Whether you're seeking budget-friendly local comfort food or high-end culinary experiences, Ashley Road's restaurant scene perfectly captures Hong Kong's multicultural dining landscape, with many establishments staying open late to accommodate the area's vibrant nightlife and shopping culture in Causeway Bay.
