F&B Units for Rent on Yee Wo Street, Hong Kong

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

Renting a restaurant on Yee Wo Street in Causeway Bay, Hong Kong offers exceptional business opportunities due to its prime location in one of Asia's busiest shopping and dining districts. This vibrant street attracts millions of local residents, tourists, and office workers annually, providing restaurants with consistent high foot traffic throughout the day and evening. Yee Wo Street's strategic position near major shopping centers like Times Square, Sogo, and numerous luxury retail outlets ensures a steady stream of potential customers with strong spending power. The area's excellent transportation connectivity through Causeway Bay MTR station makes it easily accessible from all parts of Hong Kong, while the dense concentration of hotels and tourist attractions guarantees both local and international clientele. Restaurant operators benefit from the street's established reputation as a dining destination, competitive rental rates compared to nearby premium locations, and the diverse demographic mix that supports various cuisine types and price points. Additionally, Yee Wo Street's proximity to major office buildings provides lucrative lunch and after-work dining opportunities, making it an ideal location for restaurants seeking sustainable revenue streams in Hong Kong's competitive food and beverage market.

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

Renting a restaurant space on Yee Wo Street in Causeway Bay, Hong Kong typically costs between HK$80,000 to HK$300,000 per month, depending on the size, location within the street, and condition of the property. Causeway Bay is one of Hong Kong's most expensive commercial districts, and Yee Wo Street, being a prime location near major shopping centers like Times Square and SOGO, commands premium rental rates for restaurant spaces. Ground floor units with street-level access generally cost more than upper floor locations, with rental prices ranging from HK$150 to HK$400 per square foot per month. Additional costs include government rates, management fees, utility deposits, and mandatory renovations to meet food and beverage licensing requirements, which can add 20-30% to the base rental cost. Restaurant operators should also budget for key money or premium payments, which can range from 3 to 12 months' rent upfront, making the total initial investment for a Yee Wo Street restaurant space between HK$500,000 to HK$2 million depending on the specific property and lease terms negotiated with landlords.

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

Yee Wo Street in Causeway Bay, Hong Kong offers an impressive variety of restaurants that cater to diverse culinary preferences and budgets. This bustling street is home to numerous dining establishments including traditional Cantonese dim sum restaurants, authentic Japanese sushi bars, Korean BBQ joints, Western cafes, and local Hong Kong-style tea restaurants known as cha chaan tengs. Visitors can find everything from high-end fine dining establishments serving international cuisine to casual fast-food chains and street food vendors offering local delicacies. The restaurant scene on Yee Wo Street particularly features popular hotpot restaurants, seafood establishments, and contemporary Asian fusion eateries that attract both locals and tourists. Many of these restaurants operate in the ground floors of commercial buildings and shopping complexes along the street, making Yee Wo Street a prime dining destination in the heart of Causeway Bay's shopping district. The diverse restaurant options reflect Hong Kong's multicultural food scene, with establishments ranging from budget-friendly local eateries to upscale international restaurants, ensuring that food enthusiasts can experience authentic Hong Kong cuisine alongside global flavors in this vibrant Causeway Bay location.