F&B Units for Rent on Staveley Street, Hong Kong
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Why rent a restaurant on Staveley Street, Central, Hong Kong?
Renting a restaurant on Staveley 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, Staveley Street provides restaurateurs with access to a steady stream of affluent office workers, international business travelers, and tourists seeking high-quality dining experiences. The area's proximity to major corporations, luxury hotels, and shopping centers ensures consistent foot traffic throughout the day, while excellent public transportation connections via MTR stations make it easily accessible to customers from across Hong Kong. Restaurant operators on Staveley Street benefit from the street's reputation as a culinary destination, surrounded by established fine dining establishments that attract food enthusiasts and corporate entertainment. The Central district's high spending power, combined with its status as a business hub, creates an ideal environment for restaurants targeting premium market segments, whether for quick business lunches, client dinners, or special occasions. Additionally, the area's international atmosphere and diverse expatriate community provide opportunities to cater to varied culinary preferences while maintaining the prestige associated with operating in Hong Kong's most sought-after commercial location.
How much does it cost to rent a restaurant on Staveley Street, Central, Hong Kong?
The cost to rent a restaurant on Staveley Street in Central, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the property. Restaurant rental prices on Staveley Street Central can vary significantly based on factors such as floor level, street frontage, existing kitchen facilities, and lease terms. Ground floor restaurant spaces with good visibility and foot traffic generally command premium rates of HK$150 to HK$200 per square foot monthly, while upper floor locations may be available for HK$80 to HK$120 per square foot. Additional costs for renting a restaurant on Staveley Street include government rates, management fees, utilities deposits, and potential key money payments to previous tenants. Most restaurant rental agreements in Central Hong Kong require a security deposit equivalent to 2-3 months rent, and lease terms typically range from 2 to 6 years. Prospective restaurant operators should budget for renovation costs, licensing fees, and equipment installation when calculating the total investment required to establish a restaurant business on Staveley Street Central.
What type of restaurant can be found on Staveley Street, Causeway Bay, Hong Kong?
Staveley Street in Causeway Bay, Hong Kong is home to a diverse collection of restaurants offering various international cuisines and local Hong Kong dining experiences. Visitors to this bustling street can find traditional Cantonese restaurants serving dim sum and roasted meats, Japanese establishments including sushi bars and ramen shops, Korean BBQ restaurants, Western-style cafes and bistros, as well as trendy fusion restaurants that blend Asian and international flavors. The street also features popular Hong Kong-style tea restaurants (cha chaan tengs) that serve local comfort food, upscale dining establishments perfect for special occasions, and casual eateries ideal for quick meals. Many of these Staveley Street restaurants cater to both locals and tourists exploring Causeway Bay's vibrant food scene, with options ranging from budget-friendly street food to high-end culinary experiences. The restaurant types on Staveley Street reflect Causeway Bay's cosmopolitan nature, making it a popular dining destination for food enthusiasts seeking authentic Hong Kong cuisine alongside international dining options in one of the city's most dynamic shopping and entertainment districts.