F&B Units for Rent on Hau Fook Street, Hong Kong

Why rent a restaurant on Hau Fook Street, Tsim Sha Tsui, Hong Kong?

Renting a restaurant on Hau Fook Street in Tsim Sha Tsui, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant dining districts. This bustling street sits in the heart of Tsim Sha Tsui, attracting millions of tourists annually alongside local residents, ensuring consistent foot traffic for restaurant businesses. Hau Fook Street benefits from excellent accessibility via MTR stations, bus routes, and proximity to major hotels, shopping centers, and entertainment venues, making it easily reachable for customers. The area is renowned for its diverse culinary scene, from traditional dim sum houses to international cuisine, creating a food-focused atmosphere that draws dining enthusiasts. Restaurant rental properties on Hau Fook Street typically offer competitive lease terms compared to other premium Hong Kong locations, while still providing access to the lucrative Tsim Sha Tsui market. The street's established reputation as a dining destination means new restaurants can benefit from existing customer recognition and word-of-mouth marketing. Additionally, the proximity to the waterfront, cultural attractions, and shopping districts ensures a steady stream of potential customers throughout the day and evening, making Hau Fook Street an ideal location for restaurant rental in Hong Kong.

How much does it cost to rent a restaurant on Hau Fook Street, Tsim Sha Tsui, Hong Kong?

The cost to rent a restaurant on Hau Fook Street in Tsim Sha Tsui, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, condition, and exact location of the property. Hau Fook Street restaurant rental prices are influenced by factors such as floor area, whether the space includes existing kitchen equipment, proximity to MTR stations, and the current market demand in this prime Tsim Sha Tsui district. Ground floor restaurant spaces on Hau Fook Street generally command higher rents due to better visibility and foot traffic, while upper floor locations may offer more affordable options starting around HK$60,000 monthly. Additional costs for restaurant rental in Tsim Sha Tsui include security deposits equivalent to 3-6 months rent, utility connections, licensing fees, and potential renovation expenses. Prospective tenants should budget for total initial costs of approximately HK$500,000 to HK$1,000,000 when considering a restaurant rental on Hau Fook Street, as this popular dining destination in Hong Kong requires significant upfront investment due to its strategic location and high commercial value.

What type of restaurant can be found on Hau Fook Street, Causeway Bay, Hong Kong?

Hau Fook Street in Causeway Bay, Hong Kong is home to a diverse collection of restaurants that cater to both locals and tourists exploring this vibrant shopping district. The street features numerous Cantonese dim sum restaurants, traditional tea houses, and authentic Hong Kong-style cafes known as cha chaan tengs that serve local comfort food like milk tea, pineapple buns, and egg sandwiches. Visitors to Hau Fook Street can also find modern Asian fusion restaurants, Japanese sushi bars, Korean barbecue establishments, and international dining options including Italian trattorias and Western-style bistros. The restaurant scene on Hau Fook Street reflects Causeway Bay's cosmopolitan nature, offering everything from affordable street food stalls and casual dining spots to upscale establishments perfect for business meals or special occasions. Many of these restaurants operate late into the evening, making Hau Fook Street an ideal destination for food lovers seeking authentic Hong Kong cuisine or international flavors in one of the city's most dynamic neighborhoods.