F&B Units for Rent on Peking Road, Hong Kong

Why rent a restaurant on Peking Road, Tsim Sha Tsui, Hong Kong?

Renting a restaurant on Peking Road 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. Peking Road restaurant spaces benefit from heavy foot traffic from both tourists and locals, as the area sits at the heart of Tsim Sha Tsui's shopping and entertainment zone, surrounded by luxury hotels, shopping malls, and cultural attractions like the Hong Kong Space Museum and Avenue of Stars. The street's proximity to major transportation hubs including Tsim Sha Tsui MTR station and the Star Ferry terminal ensures excellent accessibility for customers. Restaurant operators choosing Peking Road can capitalize on the diverse demographic mix of international visitors and affluent Hong Kong residents who frequent the area for dining experiences. The location also provides strong visibility and brand exposure, with many successful restaurants and retail outlets already established along this prestigious thoroughfare. Additionally, Peking Road's position near the waterfront and its connection to Nathan Road, known as the Golden Mile, creates a strategic advantage for restaurant businesses looking to establish themselves in Hong Kong's competitive F&B market while benefiting from Tsim Sha Tsui's reputation as a premier dining destination.

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

The cost to rent a restaurant on Peking Road in Tsim Sha Tsui, Hong Kong varies significantly depending on location, size, and property condition, with monthly rental prices typically ranging from HK$80,000 to HK$300,000 or more for prime ground-floor spaces. Restaurant rental costs on Peking Road are influenced by factors such as foot traffic, proximity to major shopping areas like Canton Road, square footage, and whether the property includes existing kitchen equipment and fixtures. Smaller restaurant spaces of 500-800 square feet may start around HK$60,000-HK$100,000 per month, while larger establishments exceeding 1,500 square feet in premium locations can command HK$200,000-HK$400,000 monthly. Ground floor restaurants with street frontage on Peking Road generally cost more than upper-floor dining establishments due to higher visibility and accessibility for tourists and locals in this busy Tsim Sha Tsui district. Additional costs to consider when renting a restaurant on Peking Road include management fees, government rates, utility deposits, renovation expenses, and licensing fees, which can add 20-30% to the base rental amount.

What type of restaurant can be found on Peking Road, Causeway Bay, Hong Kong?

Peking Road in Causeway Bay, Hong Kong offers a diverse array of restaurant types to satisfy every culinary preference and budget. This bustling street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs serving Hong Kong-style cafe fare, upscale fine dining establishments, international cuisine options including Japanese sushi bars, Korean BBQ restaurants, and Western steakhouses. Visitors can also find popular fast-casual chains, trendy bubble tea shops, dessert cafes, and street food vendors along Peking Road. The area is particularly known for its mix of affordable local eateries where residents dine daily alongside tourist-friendly restaurants that showcase Hong Kong's famous culinary scene. From budget-friendly noodle shops and roast meat stalls to premium seafood restaurants and contemporary fusion dining, Peking Road Causeway Bay provides dining options for families, business professionals, tourists, and food enthusiasts seeking both traditional Hong Kong flavors and international cuisine in one of the city's most vibrant shopping and entertainment districts.