F&B Units for Rent on Cleveland Street, Hong Kong

Why rent a restaurant on Cleveland Street, Causeway Bay, Hong Kong?

Cleveland Street in Causeway Bay offers exceptional opportunities for restaurant rental with its prime location in one of Hong Kong's most vibrant dining and shopping districts. Renting a restaurant on Cleveland Street provides immediate access to heavy foot traffic from tourists and locals visiting nearby Times Square, Sogo department store, and the bustling Fashion Walk area. The street's strategic position between the MTR station and major commercial hubs ensures consistent customer flow throughout the day, while the diverse mix of office workers, shoppers, and residents in Causeway Bay creates multiple target demographics for restaurant businesses. Restaurant spaces on Cleveland Street benefit from excellent transportation connectivity, with Causeway Bay MTR station just minutes away, making it easily accessible for diners from across Hong Kong Island and beyond. The area's established reputation as a food destination means customers actively seek dining options in this location, while the competitive rental rates compared to premium streets like Russell Street offer better value for restaurateurs looking to establish or expand their presence in this high-traffic Causeway Bay location.

How much does it cost to rent a restaurant on Cleveland Street, Causeway Bay, Hong Kong?

The cost to rent a restaurant on Cleveland Street in Causeway Bay, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month depending on the size, location within the street, and condition of the property. Cleveland Street restaurant rental prices are influenced by its prime location in one of Hong Kong's busiest shopping and dining districts, with ground floor spaces commanding premium rates due to high foot traffic and visibility. Smaller restaurant spaces of 500-800 square feet may start around HK$80,000-120,000 monthly, while larger establishments exceeding 1,500 square feet can reach HK$200,000-300,000 or more per month. Additional costs for Cleveland Street restaurant rentals include substantial security deposits equivalent to 3-6 months rent, government rates and management fees, plus potential key money payments to secure desirable locations. The high rental costs reflect Causeway Bay's status as a premier retail and F&B destination with excellent MTR connectivity and proximity to major shopping centers like Times Square and SOGO, making Cleveland Street restaurants highly sought after by both local and international dining concepts.

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

Cleveland Street in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various tastes and budgets. This popular dining destination features traditional Cantonese restaurants serving authentic dim sum and roasted meats, Japanese establishments offering fresh sushi and ramen, Korean BBQ restaurants, and contemporary fusion cuisine venues. The street is particularly known for its mix of casual dining options and upscale eateries, including seafood restaurants specializing in fresh catches, hot pot establishments perfect for group dining, and international chains alongside local Hong Kong favorites. Food enthusiasts visiting Cleveland Street Causeway Bay can also find Vietnamese pho shops, Thai restaurants, Western-style cafes, and traditional tea houses, making it a true culinary hub that reflects Hong Kong's multicultural dining scene. The restaurant variety on Cleveland Street ranges from budget-friendly local eateries to premium dining experiences, ensuring options for both tourists and locals seeking quality meals in the heart of Causeway Bay's bustling shopping and entertainment district.