F&B Units for Rent on Tak Ting Street, Hong Kong

Why rent a restaurant on Tak Ting Street, Whampoa, Hong Kong?

Renting a restaurant on Tak Ting Street in Whampoa, Hong Kong offers exceptional business opportunities due to its strategic location in one of Kowloon's most vibrant residential districts. This bustling street benefits from high foot traffic generated by the dense population of nearby housing estates, shopping centers, and the popular Whampoa Garden complex, ensuring a steady stream of potential customers throughout the day. The area's excellent transportation links, including multiple bus routes and proximity to Hung Hom Station, make it easily accessible for both local residents and visitors from across Hong Kong. Tak Ting Street's diverse demographic mix of families, young professionals, and elderly residents creates strong demand for various dining concepts, from casual eateries to family restaurants. The competitive rental rates compared to prime Central or Tsim Sha Tsui locations provide better value for money while still maintaining strong revenue potential. Additionally, the street's established food scene and local dining culture mean customers actively seek out new restaurant options, making it an ideal location for both experienced restaurateurs and first-time business owners looking to establish a successful food and beverage operation in Hong Kong's dynamic market.

How much does it cost to rent a restaurant on Tak Ting Street, Whampoa, Hong Kong?

The cost to rent a restaurant on Tak Ting Street in Whampoa, Hong Kong typically ranges from HK$35,000 to HK$80,000 per month, depending on factors such as floor area, location within the street, restaurant condition, and lease terms. Ground floor restaurant spaces with street-level access generally command higher rental prices, often between HK$50,000 to HK$80,000 monthly for spaces ranging from 800 to 1,500 square feet. Upper floor restaurant units on Tak Ting Street may be available for HK$35,000 to HK$55,000 per month, making them more affordable options for new restaurant operators. Additional costs to consider when renting a restaurant in Whampoa include a security deposit equivalent to 2-3 months rent, stamp duty, legal fees, and potential renovation expenses. The rental market for restaurants on Tak Ting Street remains competitive due to the area's high foot traffic, proximity to residential complexes, and excellent public transportation connections, which can influence monthly rental rates and availability of suitable restaurant spaces for lease.

What type of restaurant can be found on Tak Ting Street, Causeway Bay, Hong Kong?

Tak Ting Street in Causeway Bay, Hong Kong features a diverse mix of restaurant types that cater to both locals and tourists visiting this bustling shopping district. The street is home to traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants (cha chaan tengs), upscale Japanese sushi bars, Korean barbecue establishments, and contemporary fusion dining venues. Visitors to Tak Ting Street can also find popular international fast food chains, trendy cafes serving specialty coffee and desserts, hot pot restaurants, and traditional Chinese noodle shops. The restaurant scene on Tak Ting Street reflects Causeway Bay's cosmopolitan nature, offering everything from budget-friendly street food stalls and casual dining options to premium fine dining establishments, making it a popular destination for food enthusiasts exploring Hong Kong's culinary landscape. Many of these restaurants operate late into the evening, accommodating the busy lifestyle of Hong Kong residents and providing convenient dining options for shoppers exploring the nearby Times Square and other major retail destinations in Causeway Bay.