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

Why rent a restaurant on Chico Terrace, Mid-Levels, Hong Kong?

Renting a restaurant on Chico Terrace in Mid-Levels, Hong Kong offers exceptional advantages for food and beverage businesses seeking a prime location in one of the city's most prestigious residential areas. This sought-after Mid-Levels address provides restaurant operators with access to an affluent customer base of expatriate professionals, local executives, and international residents who value high-quality dining experiences and have significant disposable income. Chico Terrace benefits from excellent accessibility via the Central-Mid-Levels escalator system and convenient transportation links, ensuring steady foot traffic throughout the day. The area's reputation as an upscale neighborhood attracts both locals and tourists looking for sophisticated dining options, while the proximity to Central business district makes it ideal for business lunches and after-work dining. Restaurant spaces on Chico Terrace typically feature stunning harbor or mountain views that enhance the dining experience and justify premium pricing. The Mid-Levels location also offers lower rental costs compared to Central or Tsim Sha Tsui while maintaining prestige and accessibility. Additionally, the diverse international community in the area creates demand for various cuisine types, from fine dining establishments to casual bistros, making Chico Terrace an excellent choice for restaurant entrepreneurs looking to establish a successful food business in Hong Kong's competitive market.

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

The cost to rent a restaurant on Chico Terrace in Mid-Levels, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location within the building, and condition of the space. Chico Terrace restaurant rental prices are influenced by factors such as floor level, street visibility, existing kitchen equipment, and lease terms, with ground floor units commanding premium rates due to higher foot traffic accessibility. Most restaurant spaces on Chico Terrace Mid-Levels require a security deposit equivalent to 3-6 months rent, plus additional costs for government licensing, renovation permits, and utilities setup which can add HK$50,000 to HK$150,000 to initial investment requirements. Prospective restaurant operators should budget for total upfront costs of HK$400,000 to HK$800,000 when considering a Chico Terrace restaurant rental, as Mid-Levels Hong Kong commercial properties often require substantial key money payments and extensive interior modifications to meet food service regulations.

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

Chico Terrace in Causeway Bay, Hong Kong, is home to a diverse collection of dining establishments that cater to the area's vibrant culinary scene. This location features several restaurants offering international cuisine, including modern European dining options, contemporary Asian fusion establishments, and upscale casual dining venues. The restaurants on Chico Terrace typically serve a mix of Western and Asian dishes, with many focusing on premium ingredients and sophisticated presentation. Visitors to Chico Terrace can expect to find mid to high-end restaurants that appeal to both local Hong Kong residents and international tourists exploring the bustling Causeway Bay district. The dining options in this area are known for their quality service, stylish interiors, and menus that blend traditional flavors with modern culinary techniques, making Chico Terrace a popular destination for lunch meetings, dinner dates, and special occasions in one of Hong Kong's most dynamic shopping and entertainment neighborhoods.