F&B Units for Rent on Knutsford Terrace, Hong Kong

Why rent a restaurant on Knutsford Terrace, Tsim Sha Tsui, Hong Kong?

Renting a restaurant on Knutsford Terrace in Tsim Sha Tsui, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining and entertainment districts. This pedestrian-friendly street is strategically located in the heart of Tsim Sha Tsui, attracting both tourists and locals with its cosmopolitan atmosphere and high foot traffic throughout the day and night. Restaurant owners benefit from the area's established reputation as a culinary destination, with excellent connectivity to major shopping areas, hotels, and the iconic Hong Kong waterfront. Knutsford Terrace provides a unique blend of international dining options and nightlife venues, creating a dynamic environment that encourages longer customer visits and repeat business. The terrace's compact layout fosters a sense of community among businesses while maintaining easy accessibility via MTR stations and bus routes. For restaurateurs seeking prime real estate in Hong Kong's tourism hub, Knutsford Terrace offers the perfect combination of location prestige, customer demographics, and established foot traffic that can significantly contribute to restaurant success and profitability in the competitive Hong Kong F&B market.

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

Renting a restaurant space on Knutsford Terrace in Tsim Sha Tsui, Hong Kong typically costs between HK$80,000 to HK$200,000 per month, depending on the size, location within the terrace, and specific terms of the lease agreement. Ground floor units with street-level access and higher visibility generally command premium rents of HK$150,000 to HK$200,000 monthly, while upper floor spaces may range from HK$80,000 to HK$120,000 per month. The rental cost for restaurants on Knutsford Terrace varies significantly based on factors such as square footage, existing kitchen facilities, outdoor seating availability, and proximity to the main pedestrian walkway. Most landlords require a security deposit equivalent to 3-6 months rent, plus additional costs for utilities, management fees, and government licensing. Restaurant operators should budget an additional 20-30% above the base rent for operational expenses when calculating the total monthly cost of renting on this popular dining and entertainment strip in Tsim Sha Tsui.

What type of restaurant can be found on Knutsford Terrace, Causeway Bay, Hong Kong?

Knutsford Terrace in Causeway Bay, Hong Kong is renowned for its diverse collection of international restaurants and vibrant dining scene that attracts both locals and tourists. This popular dining destination features a wide variety of restaurant types including authentic Italian trattorias, contemporary European bistros, traditional British pubs, Middle Eastern eateries, and modern fusion restaurants. The terrace is particularly famous for its outdoor dining options and al fresco restaurant patios that create a unique dining atmosphere in the heart of Hong Kong. Many establishments on Knutsford Terrace specialize in Western cuisine, with several high-quality steakhouses, seafood restaurants, and wine bars offering extensive international wine selections. The area also hosts trendy rooftop restaurants, casual dining spots, and upscale fine dining establishments, making Knutsford Terrace a premier restaurant district in Causeway Bay that caters to various tastes and budgets while providing an authentic international dining experience in Hong Kong.