F&B Units for Rent on Caine Road, Hong Kong

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Why rent a restaurant on Caine Road, Mid-Levels, Hong Kong?

Renting a restaurant on Caine Road in Mid-Levels, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most prestigious dining districts. This vibrant area attracts both affluent local residents and international tourists, providing a steady stream of potential customers with high disposable income. Caine Road's excellent accessibility via public transportation, including nearby MTR stations and bus routes, ensures convenient access for diners throughout Hong Kong Island. The street is renowned for its diverse culinary scene, featuring everything from upscale fine dining establishments to trendy cafes and bars, creating a dynamic food and beverage ecosystem that benefits all restaurants in the area. Restaurant owners on Caine Road benefit from Mid-Levels' reputation as a sophisticated neighborhood with strong foot traffic during both lunch and dinner hours, while the area's proximity to Central business district attracts corporate clients for business meals and events. The consistent demand for quality dining options in this well-established restaurant hub, combined with the prestige associated with a Mid-Levels address, makes Caine Road an ideal location for restaurant rental that can support premium pricing and ensure long-term business success in Hong Kong's competitive F&B market.

How much does it cost to rent a restaurant on Caine Road, Mid-Levels, Hong Kong?

The cost to rent a restaurant on Caine Road in Mid-Levels, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, location, and condition of the property. Prime ground-floor locations with high foot traffic on Caine Road can command monthly rents exceeding HK$150,000, while smaller establishments or those on upper floors may start around HK$60,000 to HK$80,000 monthly. Restaurant rental costs in Mid-Levels Caine Road are influenced by factors such as the property's square footage, proximity to MTR stations, existing kitchen equipment, and whether the space comes with a valid restaurant license. Additional costs include government license fees, security deposits equivalent to 2-3 months rent, and potential key money payments to previous tenants. The Mid-Levels area attracts both local and expatriate diners, making Caine Road restaurant spaces highly sought after, which drives up rental prices compared to other Hong Kong districts. Prospective restaurateurs should budget for total initial costs of HK$500,000 to HK$1,000,000 when factoring in rent deposits, renovation expenses, and licensing fees for opening a restaurant on Caine Road.

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

Caine Road in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various dining preferences and budgets. Visitors can find traditional Cantonese dim sum restaurants serving authentic steamed dumplings and har gow, upscale fine dining establishments featuring international cuisine, casual cha chaan tengs offering Hong Kong-style tea restaurant fare, Japanese sushi bars and ramen shops, Korean barbecue restaurants, Western cafes and bistros, and local street food vendors. The area is particularly known for its mix of high-end dining options in shopping malls and more affordable local eateries that serve everything from wonton noodles to roast duck. Many restaurants on Caine Road stay open late into the evening, making it a popular dining destination for both tourists and locals exploring Causeway Bay's vibrant food scene. The restaurant variety reflects Hong Kong's multicultural culinary landscape, with options ranging from Michelin-starred establishments to family-run dim sum parlors that have been serving the community for decades.