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

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

Renting a restaurant on Matheson Street in Causeway Bay, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's busiest commercial and shopping districts. Matheson Street benefits from extremely high foot traffic as it connects major shopping centers like Times Square and SOGO, attracting both locals and tourists throughout the day. The area's excellent transportation links, including Causeway Bay MTR station nearby, ensure easy accessibility for customers from across Hong Kong. Restaurant operators can capitalize on the diverse customer base ranging from office workers seeking lunch options to shoppers and tourists exploring the vibrant nightlife scene. The street's proximity to luxury hotels, shopping malls, and entertainment venues creates multiple revenue streams throughout different times of the day. Additionally, Causeway Bay's reputation as a dining destination means customers actively seek out new restaurant experiences in the area, providing built-in marketing advantages. The high rental costs are often justified by the significant revenue potential from the constant stream of potential customers, making Matheson Street an attractive location for restaurateurs looking to establish a successful food and beverage business in Hong Kong's competitive market.

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

The cost to rent a restaurant on Matheson Street, Causeway Bay, Hong Kong varies significantly depending on location, size, and specific property conditions, 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 Matheson Street are influenced by factors such as foot traffic, proximity to major shopping centers like Times Square, and the property's frontage and visibility. Smaller restaurant spaces of 500-800 square feet may start around HK$80,000 to HK$150,000 per month, while larger establishments exceeding 1,000 square feet in premium locations can command rents of HK$200,000 to HK$300,000 monthly. Additional costs for renting a restaurant in Causeway Bay include security deposits equivalent to 2-3 months rent, government rates and management fees, and potential key money or premium payments that can range from several hundred thousand to millions of Hong Kong dollars depending on the desirability of the location. Prospective restaurant operators should also budget for renovation costs, licensing fees, and equipment installation when calculating the total investment required to establish a restaurant business on Matheson Street.

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

Matheson Street in Causeway Bay, Hong Kong offers a diverse collection of restaurants catering to various dining preferences and budgets. This bustling street features numerous Japanese restaurants including popular sushi bars, ramen shops, and authentic izakayas, alongside traditional Cantonese dim sum restaurants and tea houses that serve classic Hong Kong cuisine. International dining options are abundant on Matheson Street, with Italian pizzerias, Korean barbecue establishments, Thai restaurants, and Western-style cafes providing visitors with global flavors. The area is particularly known for its upscale dining establishments and trendy eateries that attract both locals and tourists, while also housing casual fast-food chains and local cha chaan tengs that offer affordable Hong Kong-style meals. Food courts and shopping mall restaurants within the nearby buildings provide additional dining variety, making Matheson Street Causeway Bay a comprehensive dining destination that reflects Hong Kong's multicultural food scene and serves everything from quick snacks to elaborate multi-course meals.