F&B Units for Rent on Upper Albert Road, Hong Kong

Why rent a restaurant on Upper Albert Road, Central, Hong Kong?

Upper Albert Road in Central, Hong Kong offers exceptional restaurant rental opportunities for businesses seeking prime location advantages in one of Asia's leading financial districts. Restaurants on Upper Albert Road benefit from high foot traffic generated by the numerous office buildings, luxury hotels, and shopping centers in the immediate vicinity, ensuring a steady stream of potential customers throughout the day. The area attracts affluent professionals, international business travelers, and tourists who frequent Central's prestigious establishments, providing restaurant operators with access to customers with significant disposable income. Additionally, Upper Albert Road's strategic position offers excellent connectivity to Hong Kong's MTR network, making it easily accessible from all parts of the city, while the proximity to landmark attractions like the Peak Tram station drives additional tourist traffic. The sophisticated urban environment of Central Hong Kong creates an ideal setting for upscale dining establishments, with the area's reputation for luxury and quality helping to enhance restaurant brand positioning. Restaurant rental properties on Upper Albert Road also benefit from the district's extended business hours culture, where dining and entertainment continue well into the evening, maximizing revenue potential for food and beverage operations in this premium Central Hong Kong location.

How much does it cost to rent a restaurant on Upper Albert Road, Central, Hong Kong?

The cost to rent a restaurant on Upper Albert Road in Central, Hong Kong varies significantly depending on the size, location, and condition of the property, with monthly rental rates typically ranging from HK$80,000 to HK$300,000 for ground floor restaurant spaces. Prime restaurant locations on Upper Albert Road Central can command premium rents of HK$150 to HK$400 per square foot per month, making this one of Hong Kong's most expensive dining districts due to its prestigious Central business district location and high foot traffic. Smaller restaurant spaces of 800-1,200 square feet may cost between HK$120,000 to HK$200,000 monthly, while larger establishments exceeding 2,000 square feet can reach HK$400,000 or more per month. Additional costs for restaurant rental on Upper Albert Road Central include substantial 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 property's desirability and existing restaurant setup.

What type of restaurant can be found on Upper Albert Road, Causeway Bay, Hong Kong?

Upper Albert Road in Causeway Bay, Hong Kong offers a diverse range of restaurants catering to various tastes and budgets. This vibrant dining destination features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs serving Hong Kong-style tea restaurant fare, upscale international fine dining establishments, Japanese sushi bars and ramen shops, Korean barbecue restaurants, Western cafes and bistros, and popular chain restaurants. The restaurant scene on Upper Albert Road reflects Causeway Bay's status as a major shopping and entertainment district, with dining options ranging from casual street food vendors to sophisticated establishments serving fusion cuisine. Visitors can find everything from traditional Hong Kong milk tea and pineapple buns to contemporary Asian fusion dishes and international cuisine, making Upper Albert Road a popular food destination for both locals and tourists exploring the Causeway Bay area. The restaurants along this street typically offer both indoor and outdoor seating options, with many establishments staying open late to accommodate the busy nightlife scene in this central Hong Kong location.