F&B Units for Rent on Percival Street, Hong Kong
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Why rent a restaurant on Percival Street, Causeway Bay, Hong Kong?
Renting a restaurant on Percival Street in Causeway Bay, Hong Kong offers exceptional business opportunities in one of the city's most vibrant dining and shopping districts. Located in the heart of Causeway Bay, Percival Street benefits from massive foot traffic from both tourists and locals who frequent the area's world-class shopping malls, luxury boutiques, and entertainment venues. The street's strategic position near Times Square, SOGO department store, and numerous hotels ensures a constant stream of potential customers throughout the day and evening. Restaurant operators on Percival Street can capitalize on Hong Kong's thriving food culture, with the area's reputation as a culinary hotspot attracting food enthusiasts seeking diverse dining experiences. The excellent public transportation connections, including nearby Causeway Bay MTR station, make the location easily accessible from all parts of Hong Kong Island and beyond. Additionally, the high concentration of office buildings and residential complexes in the surrounding area provides a reliable customer base for both lunch and dinner services. For restaurateurs looking to establish or expand their presence in Hong Kong's competitive F&B market, Percival Street in Causeway Bay represents a prime location with proven commercial success and strong growth potential.
How much does it cost to rent a restaurant on Percival Street, Causeway Bay, Hong Kong?
The cost to rent a restaurant on Percival 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 specific terms of the lease. Percival Street restaurant rental prices are influenced by factors such as floor area, frontage width, proximity to major shopping areas like Times Square, and the building's age and condition. 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 command HK$200,000-300,000 or more per month. Additional costs for Causeway Bay restaurant rentals include security deposits equivalent to 2-6 months rent, government rates and management fees, plus potential key money or premium payments. Given Causeway Bay's status as one of Hong Kong's premier shopping and dining districts with high foot traffic, Percival Street represents a premium location where restaurant rental costs reflect the area's commercial value and potential customer base.
What type of restaurant can be found on Percival Street, Causeway Bay, Hong Kong?
Percival Street in Causeway Bay, Hong Kong offers a diverse array of restaurants catering to both local and international tastes. Visitors to this bustling Hong Kong dining destination can find traditional Cantonese dim sum restaurants, authentic Japanese sushi bars, Korean BBQ establishments, and Western-style cafes and bistros. The street is particularly known for its mix of casual dining options including popular chain restaurants, local cha chaan tengs serving Hong Kong-style tea restaurant fare, hotpot restaurants, and upscale dining establishments. Food enthusiasts exploring Percival Street Causeway Bay will discover everything from street food vendors and quick-service eateries to fine dining restaurants, making it a premier culinary hotspot in one of Hong Kong's most vibrant shopping and entertainment districts. The restaurant scene on Percival Street reflects Causeway Bay's cosmopolitan character, with establishments ranging from affordable local favorites to international franchise restaurants that attract both tourists and Hong Kong residents seeking quality dining experiences.