F&B Units for Rent on Wang On Road, Hong Kong

Why rent a restaurant on Wang On Road, Causeway Bay, Hong Kong?

Wang On Road in Causeway Bay, Hong Kong offers exceptional opportunities for restaurant rental due to its prime location in one of the city's most vibrant dining and shopping districts. This bustling street provides high foot traffic from both locals and tourists, ensuring excellent visibility and customer flow for restaurants. The area benefits from excellent transportation links, with Causeway Bay MTR station nearby, making it easily accessible to diners from across Hong Kong. Wang On Road sits in the heart of a thriving commercial zone surrounded by shopping malls, office buildings, and residential complexes, creating a diverse customer base throughout the day and evening. The street's proximity to popular attractions like Times Square and Victoria Park further enhances its appeal for restaurant businesses. Additionally, Causeway Bay's reputation as a premier dining destination means customers actively seek out new restaurants in the area, providing natural marketing advantages. The competitive rental market on Wang On Road offers various property sizes and configurations suitable for different restaurant concepts, from casual eateries to upscale dining establishments. For restaurateurs looking to establish or expand their presence in Hong Kong, Wang On Road in Causeway Bay represents an ideal location that combines high visibility, excellent accessibility, and strong customer demand in one of Asia's most dynamic food scenes.

How much does it cost to rent a restaurant on Wang On Road, Causeway Bay, Hong Kong?

The cost to rent a restaurant on Wang On Road 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 Wang On Road vary significantly based on factors such as floor level, square footage, kitchen facilities, and proximity to major shopping areas like Times Square and SOGO. Ground floor restaurant spaces with high foot traffic generally command premium rents of HK$200,000 to HK$300,000 monthly, while upper floor locations may rent for HK$80,000 to HK$150,000 per month. Additional costs for renting a restaurant in Causeway Bay include security deposits equivalent to 2-3 months rent, government rates and management fees, plus potential key money or goodwill payments to previous tenants. The competitive dining scene on Wang On Road means restaurant rental prices have remained relatively stable, though prime corner locations or newly renovated spaces may exceed the typical range. Prospective restaurant operators should budget for total monthly occupancy costs of approximately 20-25% above the base rent when considering a Wang On Road location in this prime Hong Kong dining district.

What type of restaurant can be found on Wang On Road, Causeway Bay, Hong Kong?

Wang On Road in Causeway Bay, Hong Kong features a diverse mix of restaurant types that cater to both locals and tourists visiting this bustling shopping district. The street is home to traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants known as cha chaan tengs, upscale Japanese sushi establishments, Korean barbecue venues, and international fast food chains. Popular dining options along Wang On Road include local Hong Kong cafes serving milk tea and pineapple buns, hot pot restaurants perfect for group dining, and trendy bubble tea shops. The area also boasts several fine dining establishments offering fusion cuisine, Italian restaurants, and traditional Chinese seafood restaurants. Food courts and casual dining spots provide affordable meal options for shoppers exploring the nearby Times Square and Causeway Bay shopping centers. From street food stalls selling fish balls and egg waffles to sophisticated rooftop restaurants with harbor views, Wang On Road offers an extensive culinary landscape that reflects Hong Kong's multicultural food scene and makes it a prime dining destination in the Causeway Bay district.