F&B Units for Rent on Moreton Terrace, Hong Kong
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Why rent a restaurant on Moreton Terrace, Causeway Bay, Hong Kong?
Renting a restaurant on Moreton Terrace in Causeway Bay, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining districts. This prime location provides high foot traffic from both locals and tourists exploring the bustling Causeway Bay area, known for its shopping centers, entertainment venues, and busy commercial activity. Moreton Terrace benefits from excellent accessibility through multiple MTR connections and bus routes, making it easily reachable for customers throughout Hong Kong Island. The area's diverse demographic attracts food enthusiasts seeking various dining experiences, from casual eateries to upscale restaurants. Restaurant operators can capitalize on the street's proximity to major shopping destinations like Times Square and SOGO, as well as nearby office buildings that generate consistent lunchtime and after-work dining demand. The established culinary reputation of Causeway Bay creates a competitive yet thriving environment where successful restaurants can build strong customer loyalty and brand recognition. Additionally, Moreton Terrace offers relatively more affordable rental rates compared to prime shopping street frontages while still maintaining excellent visibility and customer accessibility, making it an attractive option for both new restaurant ventures and established operators looking to expand their presence in this dynamic Hong Kong district.
How much does it cost to rent a restaurant on Moreton Terrace, Causeway Bay, Hong Kong?
The cost to rent a restaurant on Moreton Terrace in Causeway Bay, 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 property. Moreton Terrace restaurant rental prices are influenced by its prime location in one of Hong Kong's busiest shopping and dining districts, with ground floor establishments commanding higher rents than upper floor spaces. Restaurant operators looking to lease on Moreton Terrace Causeway Bay should expect additional costs including government rates, management fees, utilities, and substantial key money deposits that can range from 3-6 months rent in advance. The average restaurant space on Moreton Terrace spans 800-2000 square feet, with rental costs per square foot typically falling between HK$100-150 monthly. Due to high demand for restaurant locations in Causeway Bay's central shopping area near Times Square and SOGO, Moreton Terrace restaurant rental rates remain consistently premium compared to other Hong Kong districts, making it essential for prospective tenants to budget accordingly and engage experienced commercial property agents familiar with Causeway Bay restaurant leasing market conditions.
What type of restaurant can be found on Moreton Terrace, Causeway Bay, Hong Kong?
Moreton Terrace in Causeway Bay, Hong Kong is home to a diverse range of restaurants that cater to both local and international tastes. This popular dining street features traditional Cantonese restaurants serving authentic dim sum and roasted meats, Japanese establishments offering fresh sushi and ramen, Korean barbecue houses, Italian trattorias, and contemporary fusion restaurants. Visitors to Moreton Terrace can also find casual dining options including cafes, tea houses, and fast-casual eateries alongside upscale fine dining establishments. The area is particularly known for its mix of family-run local eateries and trendy international chains, making it a popular destination for food lovers exploring Causeway Bay's vibrant culinary scene. Whether you're looking for affordable street food, business lunch venues, or romantic dinner spots, Moreton Terrace offers restaurant options to suit every budget and preference in the heart of Hong Kong's bustling Causeway Bay district.