F&B Units for Rent on Haiphong Road, Hong Kong

Why rent a restaurant on Haiphong Road, Tsim Sha Tsui, Hong Kong?

Renting a restaurant on Haiphong Road in Tsim Sha Tsui, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. This strategic area attracts millions of tourists annually while serving a dense local population, ensuring consistent foot traffic throughout the year. Haiphong Road benefits from excellent transportation connectivity with nearby MTR stations, bus routes, and easy access to major hotels, making it highly accessible for both international visitors and Hong Kong residents. The street is surrounded by popular shopping destinations, entertainment venues, and cultural attractions, creating a natural dining destination for people exploring Tsim Sha Tsui. Restaurant operators can capitalize on the area's diverse demographic, from business professionals and tourists to local families, allowing for flexible menu concepts and pricing strategies. The established dining scene on Haiphong Road means customers actively seek restaurants in this location, reducing marketing costs and accelerating brand recognition. Additionally, the area's reputation as a culinary hub attracts food enthusiasts and provides opportunities for collaboration with neighboring businesses, making it an ideal location for restaurant rental in Hong Kong's competitive food and beverage market.

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

The cost to rent a restaurant on Haiphong Road, Tsim Sha Tsui, Hong Kong varies significantly depending on size, location, and property condition, with monthly rental prices typically ranging from HK$80,000 to HK$300,000 for spaces between 1,000 to 3,000 square feet. Prime ground floor locations on Haiphong Road command premium rates of HK$100 to HK$200 per square foot per month, while upper floor restaurant spaces may rent for HK$60 to HK$120 per square foot monthly. Factors affecting restaurant rental costs in Tsim Sha Tsui include proximity to MTR stations, foot traffic levels, existing kitchen facilities, and lease terms, with most landlords requiring a security deposit equivalent to 3-6 months rent plus key money that can range from one to three months rent. Restaurant operators should budget additional costs for government licensing, utilities, management fees, and potential renovation expenses when calculating total occupancy costs for Haiphong Road commercial properties in this highly sought-after Hong Kong dining district.

What type of restaurant can be found on Haiphong Road, Causeway Bay, Hong Kong?

Haiphong Road in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various dining preferences and budgets. This bustling street features authentic Cantonese dim sum restaurants, traditional Chinese teahouses, contemporary Asian fusion establishments, and international cuisine options including Japanese sushi bars, Korean barbecue restaurants, and Western-style cafes. Visitors to Haiphong Road Causeway Bay can find everything from casual street food vendors and local cha chaan tengs serving Hong Kong-style tea restaurant fare to upscale dining establishments offering fine dining experiences. The area is particularly known for its seafood restaurants specializing in fresh Cantonese preparations, hotpot restaurants perfect for group dining, and trendy bubble tea shops that have become synonymous with Hong Kong's modern food culture. Many restaurants on Haiphong Road operate late into the evening, making it an ideal destination for both lunch and dinner in the heart of Causeway Bay's vibrant dining scene.