F&B Units for Rent on Kwong Ming Street, Hong Kong

Why rent a restaurant on Kwong Ming Street, Wan Chai, Hong Kong?

Renting a restaurant on Kwong Ming Street in Wan Chai, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial and dining districts. This strategic street provides excellent foot traffic from both local residents and international tourists, ensuring steady customer flow throughout the day. Wan Chai's reputation as a culinary hotspot means restaurant operators benefit from the area's established dining culture and food enthusiast demographic. The location offers convenient access to major transportation hubs including MTR stations, making it easily accessible for customers from across Hong Kong Island. Kwong Ming Street specifically provides competitive rental rates compared to other premium Wan Chai locations while still maintaining high visibility and accessibility. The diverse mix of office buildings, hotels, and residential complexes in the surrounding area creates multiple customer segments, from business lunch crowds to evening diners and weekend food tourists. Additionally, the street's proximity to popular attractions and entertainment venues in Wan Chai ensures consistent evening and weekend traffic, making it an ideal location for restaurants seeking to maximize revenue potential in Hong Kong's competitive F&B market.

How much does it cost to rent a restaurant on Kwong Ming Street, Wan Chai, Hong Kong?

The cost to rent a restaurant on Kwong Ming Street in Wan Chai, 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 premises. Kwong Ming Street restaurant rental prices are influenced by factors such as foot traffic, proximity to MTR stations, and the property's frontage width. Smaller restaurant spaces of 300-500 square feet may cost around HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 800 square feet can command rents of HK$150,000 to HK$200,000 or more per month. The Wan Chai district's prime location and high pedestrian traffic make restaurant rentals on Kwong Ming Street particularly sought after, with additional costs including management fees, rates, and utilities that can add 15-20% to the base rental amount. Prospective tenants should also budget for key money deposits and renovation costs when planning to rent a restaurant space in this popular Hong Kong dining district.

What type of restaurant can be found on Kwong Ming Street, Causeway Bay, Hong Kong?

Kwong Ming Street in Causeway Bay, Hong Kong is home to a diverse collection of restaurants that cater to both local and international tastes. This bustling street features traditional Cantonese dim sum restaurants, authentic Hong Kong-style cafes known as cha chaan tengs, upscale Chinese dining establishments, and various Asian cuisine options including Japanese, Korean, and Thai restaurants. Visitors to Kwong Ming Street can also find modern fusion restaurants, international fast food chains, and local street food vendors offering popular