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Yim Po Fong Street 910 sq.ft. Ground Floor Restaurant For Sale In Mong Kok

HK$30M for Sale
Yim Po Fong Street

Location and General Information

Ground Floor retail investment for sale on Yim Po Fong Street in Mong Kok. The property is sold subject to the existing tenancy, providing immediate rental income for an investor.

The premises offers approximately 910 sq.ft. (ground floor). The unit benefits from a ceiling height of about 15 ft 6 in, a frontage of about 16 ft 4 in and depth of about 35 ft 3 in, 100A three-phase electricity, town gas, water supply and an internal toilet.

The asking price is HK$30,000,000. The unit is presently let to THE MADHOUSE at a passing rent of HK$80,000 per month (tenancy to 31/3/2027), with a management fee of about HK$337 monthly and government rates of about HK$9,450 quarterly. Available as an asset sale or share sale.

Amenities

Air
Air Conditionning
Deck
Outdoor Space
WC
Toilets
CONTRACT
Licence
SHelves
Fitted Out
water_Drop
Water Supply
propane_tank
Gas Supply
bolt
Electricity
100A TPN

Pricing details

Sale Price :
HK$30M for Sale
Management Fee :
HK$337 monthly
Government Rate :
HK$9,450 quarterly

About the neighbourhood

Mong Kok is one of Hong Kong's most vibrant and densely populated districts, renowned for its energetic atmosphere and rich cultural diversity. Located in the heart of Kowloon, Mong Kok has long been a bustling hub for commerce, attracting both locals and tourists with its eclectic mix of shops, street markets, and dining options. The area is famous for its iconic landmarks such as the Ladies' Market, Sneakers Street, and the various food stalls that line its bustling streets, making it a prime destination for shoppers and food lovers alike. For entrepreneurs looking to open a shop or restaurant, Mong Kok offers an unparalleled opportunity to tap into a high volume of foot traffic and a diverse customer base. The district's unique blend of traditional markets and modern retail spaces creates a dynamic environment where creative concepts can thrive. With a vibrant nightlife and a constant influx of visitors throughout the day, Mong Kok provides the perfect backdrop for businesses aiming to capture the energy and spirit of one of Hong Kong's most iconic neighborhoods. Whether you're considering a trendy eatery, a retail boutique, or a unique service, Mong Kok is an ideal location to establish your brand and engage with a lively community.

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