F&B Units for Rent on Hillwood Road, Hong Kong
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Why rent a restaurant on Hillwood Road, Tsim Sha Tsui, Hong Kong?
Renting a restaurant on Hillwood Road in Tsim Sha Tsui, Hong Kong offers exceptional business opportunities in one of the city's most prestigious dining districts. Located in the heart of Tsim Sha Tsui, Hillwood Road provides restaurant owners with unparalleled access to both international tourists and affluent local residents, ensuring consistent foot traffic throughout the year. The area's proximity to luxury hotels, shopping centers, and major attractions like the Avenue of Stars and Hong Kong Space Museum makes it an ideal location for restaurants targeting high-spending customers. Hillwood Road's reputation as a culinary destination means that restaurants in this location benefit from the street's established dining culture and marketing appeal. The excellent transportation links, including easy access to the MTR and ferry terminals, make restaurants on Hillwood Road highly accessible to customers from across Hong Kong and mainland China. Additionally, the competitive rental market in Tsim Sha Tsui allows restaurateurs to find properties that match their budget while still benefiting from the prestigious address and high visibility that Hillwood Road provides. For restaurant owners seeking to establish or expand their presence in Hong Kong's dynamic food scene, renting on Hillwood Road represents a strategic investment in a location with proven success for dining establishments.
How much does it cost to rent a restaurant on Hillwood Road, Tsim Sha Tsui, Hong Kong?
The cost to rent a restaurant on Hillwood Road in Tsim Sha Tsui, Hong Kong varies significantly depending on the size, condition, and exact location of the property. Monthly rental prices for restaurant spaces on Hillwood Road typically range from HK$80,000 to HK$300,000, with ground floor locations commanding premium rates due to higher foot traffic and visibility. Smaller restaurant units of 500-800 square feet may start around HK$80,000-120,000 per month, while larger establishments spanning 1,000-2,000 square feet can cost HK$150,000-300,000 monthly. The rental cost per square foot on Hillwood Road generally falls between HK$100-200, making it one of the more expensive dining districts in Tsim Sha Tsui due to its proximity to major shopping areas, hotels, and tourist attractions. Additional costs for renting a restaurant on Hillwood Road include security deposits equivalent to 2-3 months rent, government rates and management fees, plus potential renovation and licensing expenses that can add HK$50,000-200,000 to initial setup costs. Prospective tenants should budget for total first-year costs of HK$1.5-4 million when planning to rent a restaurant space on Hillwood Road, Tsim Sha Tsui.
What type of restaurant can be found on Hillwood Road, Causeway Bay, Hong Kong?
Hillwood Road in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various dining preferences and budgets. This bustling street features an eclectic mix of eateries including traditional Cantonese dim sum restaurants, Japanese sushi bars, Korean barbecue establishments, and Western-style cafes. Visitors to Hillwood Road can find everything from casual local cha chaan tengs serving Hong Kong-style tea restaurant fare to upscale international cuisine restaurants offering fine dining experiences. The area is particularly popular for its authentic Asian restaurants, including Thai, Vietnamese, and Chinese establishments that attract both locals and tourists exploring Causeway Bay's vibrant food scene. Many of these Hillwood Road restaurants operate late into the evening, making it an ideal destination for dinner and late-night dining in one of Hong Kong's most popular shopping and entertainment districts.
