F&B Units for Rent on Coronation Terrace, Hong Kong

Why rent a restaurant on Coronation Terrace, Central, Hong Kong?

Renting a restaurant on Coronation Terrace in Central, Hong Kong offers exceptional business opportunities in one of the city's most prestigious commercial districts. This prime location provides direct access to Hong Kong's financial hub, ensuring a steady stream of affluent professionals, international business travelers, and local executives seeking high-quality dining experiences. Coronation Terrace benefits from excellent transportation links, with Central MTR station and numerous bus routes nearby, making it easily accessible for customers throughout Hong Kong Island. The area's proximity to major office buildings, luxury hotels, and shopping centers creates a captive audience of potential diners with significant disposable income. Restaurant operators can capitalize on both lunch and dinner crowds, as the location attracts business meetings during the day and sophisticated evening dining. The prestige associated with a Central address enhances brand reputation and allows for premium pricing strategies. Additionally, Coronation Terrace offers a more intimate, upscale atmosphere compared to busier Central streets, providing the perfect balance of accessibility and exclusivity that discerning diners seek. The consistent foot traffic, combined with Hong Kong's vibrant food culture and the area's established reputation as a dining destination, makes Coronation Terrace an ideal location for restaurant investment and long-term business success.

How much does it cost to rent a restaurant on Coronation Terrace, Central, Hong Kong?

Restaurant rental costs on Coronation Terrace in Central, Hong Kong typically range from HK$80,000 to HK$300,000 per month depending on the size, location within the street, and condition of the property. Coronation Terrace restaurant spaces generally command premium prices due to their prime Central district location, with smaller establishments of 800-1,200 square feet starting around HK$80,000-120,000 monthly, while larger restaurant venues exceeding 2,000 square feet can reach HK$200,000-300,000 per month. The cost to rent a restaurant on Coronation Terrace also varies based on factors such as street-level visibility, existing kitchen facilities, tenant fitting requirements, and lease terms, with most landlords requesting 3-6 months deposit plus key money. Additional expenses for Coronation Terrace restaurant rentals include government rates, management fees, utilities, and mandatory licensing costs, which can add 15-25% to the base rental amount. Prospective restaurant operators should budget approximately HK$100,000-150,000 monthly for a standard mid-sized restaurant space on Coronation Terrace when including all associated costs beyond the base rent.

What type of restaurant can be found on Coronation Terrace, Causeway Bay, Hong Kong?

Coronation Terrace in Causeway Bay, Hong Kong offers a diverse range of restaurant types to satisfy various dining preferences and budgets. This popular dining destination features traditional Cantonese restaurants serving authentic dim sum and roasted meats, upscale fine dining establishments offering contemporary international cuisine, casual cafes perfect for afternoon tea and light meals, Japanese restaurants specializing in sushi and ramen, Korean BBQ joints, Italian pizzerias, and local cha chaan tengs that serve Hong Kong-style comfort food. The restaurant scene on Coronation Terrace Causeway Bay caters to both locals and tourists, with options ranging from affordable street food vendors to high-end dining venues, making it a culinary hotspot that reflects Hong Kong's multicultural food culture. Whether you're looking for quick takeaway options, family-friendly restaurants, or romantic dinner spots, Coronation Terrace restaurants provide an extensive selection of Asian and Western cuisines in the heart of one of Hong Kong's busiest shopping and entertainment districts.