F&B Units for Rent on Wing Hing Street, Hong Kong

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

Renting a restaurant on Wing Hing Street in Causeway Bay, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. This bustling street attracts high foot traffic from both locals and tourists, providing restaurant owners with excellent visibility and customer accessibility. Wing Hing Street's proximity to major shopping centers, hotels, and business districts ensures a steady stream of potential diners throughout the day and evening. The area's well-established food culture and dining scene make it an ideal location for restaurants to thrive, while the excellent public transportation connections, including nearby MTR stations, make it easily accessible for customers from across Hong Kong. Additionally, the street's mix of office buildings and retail establishments creates a diverse customer base ranging from business professionals seeking lunch options to shoppers and tourists looking for authentic Hong Kong dining experiences. The competitive rental market in this prime Causeway Bay location, combined with the high earning potential from the constant flow of pedestrians and the area's reputation as a dining destination, makes Wing Hing Street an attractive investment opportunity for restaurant entrepreneurs looking to establish a successful food business in Hong Kong's dynamic culinary landscape.

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

The cost to rent a restaurant on Wing Hing Street in Causeway Bay, Hong Kong varies significantly depending on the size, condition, and exact location of the property. Restaurant rental prices on Wing Hing Street typically range from HK$80,000 to HK$200,000 per month for ground floor units, with smaller establishments starting around HK$50,000 monthly and premium corner locations commanding upwards of HK$300,000 per month. Causeway Bay restaurant rents are among the highest in Hong Kong due to the area's prime retail location and heavy foot traffic, with Wing Hing Street being particularly sought after for its proximity to Times Square and major shopping districts. 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 that can range from HK$500,000 to several million dollars depending on the establishment's size and location. Prospective restaurant operators should budget for total upfront costs of HK$2-5 million when considering a Wing Hing Street location, making it essential to work with experienced commercial real estate agents familiar with Causeway Bay's competitive restaurant rental market.

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

Wing Hing Street in Causeway Bay, Hong Kong features a diverse collection of restaurants that cater to both local and international tastes. This bustling street is home to traditional Cantonese dim sum restaurants, authentic Hong Kong-style tea restaurants known as cha chaan tengs, and various Asian cuisine establishments including Japanese sushi bars, Korean BBQ restaurants, and Thai dining venues. Visitors to Wing Hing Street can also find Western-style cafes, fast-casual dining options, and street food vendors offering popular Hong Kong snacks like egg waffles and fish balls. The restaurant scene on Wing Hing Street reflects Causeway Bay's reputation as a major shopping and dining district, with establishments ranging from budget-friendly local eateries to upscale dining restaurants, making it a popular destination for food enthusiasts exploring Hong Kong's culinary landscape.