F&B Units for Rent on Humphreys Avenue, Hong Kong

Why rent a restaurant on Humphreys Avenue, Tsim Sha Tsui, Hong Kong?

Renting a restaurant on Humphreys Avenue in Tsim Sha Tsui, Hong Kong offers exceptional business opportunities in one of the city's most prestigious dining districts. This prime location in the heart of Tsim Sha Tsui provides unparalleled foot traffic from both international tourists and local residents, ensuring consistent customer flow throughout the year. Humphreys Avenue restaurants benefit from the area's reputation as a culinary hotspot, surrounded by luxury hotels, shopping centers, and major attractions like the Avenue of Stars and Hong Kong Space Museum. The strategic position offers excellent accessibility via MTR stations, bus routes, and the iconic Star Ferry, making it easily reachable for diners from across Hong Kong. Restaurant operators on Humphreys Avenue can capitalize on the diverse customer base, from business professionals seeking quality dining experiences to tourists exploring authentic Hong Kong cuisine. The area's established reputation for fine dining and its proximity to Central and other key business districts make it an ideal investment for restaurateurs looking to establish a successful food and beverage business in Hong Kong's competitive market.

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

The cost to rent a restaurant on Humphreys Avenue 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. Humphreys Avenue 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, which commands premium commercial rents. Ground floor restaurant spaces on Humphreys Avenue generally cost more than upper floor locations, with rental rates averaging HK$150 to HK$300 per square foot monthly for established restaurant premises. Additional costs for renting a restaurant in this area include substantial key money deposits ranging from HK$500,000 to HK$2 million, management fees, government rates, and renovation expenses which can significantly impact the total investment required. The high foot traffic and proximity to major hotels, shopping centers, and the Star Ferry pier make Humphreys Avenue an attractive but expensive location for restaurant businesses, with landlords often requiring long-term lease commitments and personal guarantees from tenants due to the competitive nature of Tsim Sha Tsui's commercial real estate market.

What type of restaurant can be found on Humphreys Avenue, Causeway Bay, Hong Kong?

Humphreys Avenue in Causeway Bay, Hong Kong, is home to a diverse collection of restaurants that cater to both local and international tastes. This bustling street in one of Hong Kong's premier shopping and dining districts features a mix of Cantonese dim sum restaurants, Japanese sushi bars, Korean barbecue establishments, and Western-style cafes. Visitors to Humphreys Avenue can discover traditional Hong Kong-style tea restaurants (cha chaan tengs) serving local comfort food, upscale fine dining establishments offering fusion cuisine, and casual eateries specializing in street food favorites like wonton noodles and roast duck. The restaurant scene on Humphreys Avenue reflects Causeway Bay's cosmopolitan character, with many establishments staying open late to accommodate the area's vibrant nightlife and shopping culture. From budget-friendly local joints to premium dining experiences, Humphreys Avenue restaurants provide an authentic taste of Hong Kong's renowned culinary landscape in the heart of this dynamic Causeway Bay neighborhood.