F&B Units for Rent on Hong Tat Path, Hong Kong
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Why rent a restaurant on Hong Tat Path, Tsim Sha Tsui, Hong Kong?
Renting a restaurant on Hong Tat Path 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 position places your restaurant within walking distance of major shopping centers, luxury hotels, and tourist attractions, ensuring consistent foot traffic from both locals and international visitors. Hong Tat Path benefits from excellent transportation links, with easy access to the MTR system and Star Ferry terminal, making it convenient for customers to reach your establishment. The area's reputation as a dining and entertainment hub means customers actively seek out new restaurant experiences in this neighborhood, providing built-in demand for quality food establishments. Additionally, the competitive rental rates on Hong Tat Path compared to nearby Nathan Road or Canton Road make it an attractive option for restaurant entrepreneurs looking to establish their business in Tsim Sha Tsui without the premium costs of front-line locations. The diverse demographic mix of office workers, tourists, and residents in the area allows restaurants to maintain steady revenue streams throughout different times of day and seasons, making Hong Tat Path an ideal location for sustainable restaurant operations in Hong Kong's dynamic food and beverage market.
How much does it cost to rent a restaurant on Hong Tat Path, Tsim Sha Tsui, Hong Kong?
The cost to rent a restaurant on Hong Tat Path in Tsim Sha Tsui, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location within the street, and condition of the property. Hong Tat Path restaurant rental prices are influenced by its prime location in the heart of Tsim Sha Tsui, one of Hong Kong's busiest tourist and shopping districts. Smaller restaurant spaces of 500-800 square feet may cost around HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,000 square feet can command HK$150,000 to HK$200,000 or more per month. Additional costs for renting a restaurant on Hong Tat Path include government rates, management fees, utilities, and mandatory insurance, which can add another 15-25% to the base rental cost. The high foot traffic from tourists visiting nearby attractions like the Avenue of Stars and Star Ferry Pier makes Hong Tat Path restaurant rentals particularly expensive compared to other areas in Hong Kong. Prospective tenants should also budget for substantial security deposits, typically equivalent to 3-6 months rent, and factor in the competitive nature of the Tsim Sha Tsui restaurant rental market when planning their investment.
What type of restaurant can be found on Hong Tat Path, Causeway Bay, Hong Kong?
Hong Tat Path in Causeway Bay, Hong Kong features a diverse array of restaurant types that cater to both locals and tourists visiting this bustling shopping district. The narrow street is home to traditional Cantonese dim sum restaurants, authentic local cha chaan tengs serving Hong Kong-style tea restaurant fare, Japanese sushi bars and ramen shops, Korean barbecue establishments, and various international cuisine options including Italian, Thai, and Western-style cafes. Many of these Hong Tat Path restaurants are popular for their affordable prices and authentic flavors, making this Causeway Bay dining destination particularly attractive to food enthusiasts looking to experience genuine Hong Kong street food culture. The restaurants along Hong Tat Path range from casual local eateries frequented by office workers to mid-range dining establishments that offer both quick meals and sit-down dining experiences, perfectly complementing the area's reputation as one of Hong Kong's premier shopping and entertainment districts.