F&B Units for Rent on Gilman Street, Hong Kong

Why rent a restaurant on Gilman Street, Central, Hong Kong?

Renting a restaurant on Gilman Street in Central, Hong Kong offers exceptional business opportunities in one of the city's most prestigious commercial districts. Located in the heart of Hong Kong's financial center, Gilman Street provides high foot traffic from office workers, tourists, and local residents, ensuring consistent customer flow throughout the day. The area's proximity to major business towers, luxury hotels, and shopping centers creates an ideal environment for restaurant ventures targeting both locals and international visitors. Restaurant spaces on Gilman Street benefit from excellent transportation links, with Central MTR station and numerous bus routes providing easy accessibility for customers. The street's established reputation as a dining destination, combined with Central's status as Hong Kong's premier business district, offers restaurateurs the chance to capitalize on higher spending power and premium positioning. Additionally, the competitive rental market in Central Hong Kong ensures that restaurant operators can find suitable spaces that align with their budget and concept, whether seeking intimate dining venues or larger establishments to accommodate corporate events and business meetings.

How much does it cost to rent a restaurant on Gilman Street, Central, Hong Kong?

Renting a restaurant on Gilman Street in Central, Hong Kong typically costs between HK$80,000 to HK$300,000 per month depending on the size, location within the street, and specific lease terms. Gilman Street restaurant rental prices are influenced by factors such as square footage, street-level accessibility, proximity to major business districts, and the condition of the premises. 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 restaurant rental in Central Hong Kong include management fees, utilities, government rates, and potential key money or security deposits that can range from 2-6 months rent. The high demand for commercial dining spaces in Central's prime business district, combined with limited availability on Gilman Street, keeps rental rates competitive compared to other Hong Kong restaurant locations. Prospective restaurateurs should budget for total occupancy costs that may reach 30-40% above the base rent when factoring in all associated fees and charges for operating a restaurant business in this prestigious Central Hong Kong location.

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

Gilman Street in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various tastes and budgets. Visitors to this bustling street can find authentic Cantonese dim sum restaurants, traditional Chinese eateries serving regional specialties, Japanese sushi bars and ramen shops, Korean barbecue establishments, and Western-style cafes and bistros. The area is particularly known for its local Hong Kong-style tea restaurants (cha chaan tengs) that serve fusion comfort food, as well as upscale dining venues featuring international cuisine. Street food vendors and casual dining spots are also abundant along Gilman Street, making it a popular destination for both locals and tourists seeking quality meals in the heart of Causeway Bay's vibrant shopping and entertainment district. The restaurant scene on Gilman Street reflects Hong Kong's multicultural food heritage, offering everything from affordable local favorites to premium dining experiences within walking distance of major shopping centers and hotels.