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

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

Renting a restaurant on Paterson Street in Causeway Bay, Hong Kong offers exceptional business opportunities in one of the city's most vibrant commercial districts. This prime location attracts millions of locals and tourists annually, providing consistent foot traffic and high visibility for restaurant businesses. Paterson Street sits at the heart of Causeway Bay's shopping and entertainment hub, surrounded by major retail outlets, luxury hotels, and the famous Times Square shopping mall, ensuring a steady stream of potential customers throughout the day. The area's excellent transportation links, including multiple MTR stations and bus routes, make it easily accessible from all parts of Hong Kong. Restaurant operators benefit from the diverse demographic mix of office workers, shoppers, tourists, and residents who frequent the area, creating opportunities for various dining concepts from casual eateries to upscale establishments. The street's established reputation as a dining destination means customers actively seek out restaurants in this location, reducing marketing costs and accelerating brand recognition. Additionally, the competitive rental rates compared to nearby premium locations like Russell Street offer better value while maintaining access to Causeway Bay's lucrative market, making Paterson Street an ideal choice for restaurant entrepreneurs seeking maximum exposure and profitability in Hong Kong's dynamic food and beverage industry.

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

The cost to rent a restaurant on Paterson Street in Causeway Bay, Hong Kong typically ranges from HK$80,000 to HK$300,000 per month depending on the size, location, and condition of the property. Restaurant rental prices on Paterson Street vary significantly based on factors such as floor level, with ground floor spaces commanding premium rates of HK$200 to HK$500 per square foot monthly, while upper floor locations may cost HK$100 to HK$250 per square foot. Small restaurant spaces of 500-800 square feet generally rent for HK$80,000 to HK$150,000 monthly, while larger establishments exceeding 1,500 square feet can cost HK$250,000 to HK$300,000 or more per month. Additional costs for restaurant rentals in Causeway Bay include security deposits equivalent to 3-6 months rent, government rates and management fees, plus potential key money payments ranging from HK$500,000 to HK$2 million for prime Paterson Street locations. Due to Causeway Bay's status as one of Hong Kong's most expensive retail districts, restaurant operators should budget for total occupancy costs that may reach 25-35% of projected revenue when considering Paterson Street locations.

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

Paterson Street in Causeway Bay, Hong Kong offers an incredible variety of restaurants catering to every taste and budget, making it one of the city's premier dining destinations. This bustling street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs serving Hong Kong-style cuisine, international chains including Japanese sushi bars, Korean BBQ establishments, and Western fast-food outlets. Food enthusiasts can discover upscale fine dining restaurants alongside casual street food vendors, trendy cafes, bubble tea shops, and late-night eateries that reflect Hong Kong's vibrant food culture. The restaurant scene on Paterson Street Causeway Bay ranges from affordable local favorites where residents grab quick meals to sophisticated establishments perfect for special occasions, with many venues offering both indoor seating and outdoor dining experiences. Whether you're craving traditional Hong Kong dishes like wonton noodles and roast duck, international flavors from Thai, Italian, or American cuisines, or modern fusion creations, Paterson Street's diverse restaurant landscape ensures visitors and locals alike can find exceptional dining options that showcase why Causeway Bay remains one of Hong Kong's most popular food districts.