F&B Units for Rent on Granville Circuit, Hong Kong

Why rent a restaurant on Granville Circuit, Tsim Sha Tsui, Hong Kong?

Renting a restaurant on Granville Circuit in Tsim Sha Tsui, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining and entertainment districts. Located in the heart of Tsim Sha Tsui, Granville Circuit benefits from high foot traffic from both tourists and locals, with easy access to major attractions like the Avenue of Stars, Hong Kong Space Museum, and luxury shopping areas. The area's strategic location near the Star Ferry terminal and MTR stations ensures excellent connectivity and visibility for restaurant businesses. Granville Circuit is surrounded by hotels, bars, and entertainment venues, creating a dynamic nightlife scene that attracts diverse clientele throughout the week. The street's reputation as a popular dining destination means established customer flow and reduced marketing costs for new restaurant ventures. Additionally, the competitive rental rates compared to nearby premium locations like Nathan Road make Granville Circuit an attractive option for restaurateurs seeking to establish their presence in Tsim Sha Tsui's bustling food scene. The area's mix of international cuisine options and local eateries creates opportunities for various restaurant concepts to thrive in this prime Hong Kong location.

How much does it cost to rent a restaurant on Granville Circuit, Tsim Sha Tsui, Hong Kong?

The cost to rent a restaurant on Granville Circuit in Tsim Sha Tsui, Hong Kong varies significantly depending on the size, location along the street, and current market conditions, with monthly rental prices typically ranging from HK$80,000 to HK$300,000 for ground floor commercial spaces. Restaurant rental costs on Granville Circuit are influenced by factors such as foot traffic, proximity to major shopping areas like Harbour City and Canton Road, and the condition of the property, with prime corner locations commanding premium rates of up to HK$400,000 per month. Prospective tenants should expect additional costs including government rates, management fees, and a security deposit equivalent to 2-3 months rent when budgeting for restaurant rental on this popular Tsim Sha Tsui street. Given the competitive nature of Hong Kong's commercial property market, restaurant rental prices on Granville Circuit can fluctuate based on economic conditions and tourism levels, making it essential to consult with local commercial real estate agents for current market rates and availability.

What type of restaurant can be found on Granville Circuit, Causeway Bay, Hong Kong?

Granville Circuit in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various culinary preferences and dining experiences. This vibrant location features numerous international cuisine options including Japanese restaurants serving authentic sushi and ramen, Korean establishments offering traditional barbecue and hot pot, Italian trattorias with fresh pasta and pizza, and contemporary Western dining venues. The area is also home to popular Hong Kong-style tea restaurants (cha chaan tengs) that serve local Cantonese dishes alongside fusion breakfast and lunch options. Visitors to Granville Circuit can find everything from casual fast-food chains and coffee shops to upscale fine dining establishments, making it a premier dining destination in Causeway Bay. The restaurant scene on Granville Circuit reflects Hong Kong's multicultural food culture, with many venues staying open late into the evening to accommodate the bustling nightlife and shopping activities in this central Hong Kong district.