F&B Units for Rent on Kotewall Road, Hong Kong
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Why rent a restaurant on Kotewall Road, Mid-Levels, Hong Kong?
Renting a restaurant on Kotewall Road in Mid-Levels, Hong Kong offers exceptional business opportunities in one of the city's most prestigious dining districts. This prime location attracts affluent residents and expatriates who frequently dine out and have higher disposable incomes, making it ideal for upscale restaurants and cafes. Kotewall Road benefits from excellent accessibility via public transport and taxi services, ensuring steady foot traffic throughout the day and evening. The area's reputation as a sophisticated neighborhood enhances your restaurant's brand image and allows for premium pricing strategies. Additionally, Mid-Levels enjoys lower commercial rents compared to Central or Tsim Sha Tsui while still maintaining high visibility and prestige. The diverse international community in the area creates demand for various cuisine types, from fine dining establishments to casual bistros. Restaurant spaces on Kotewall Road often feature excellent street-level visibility and the potential for outdoor seating, which is highly valued in Hong Kong's dense urban environment. The location also provides easy access to the central business district, making it popular for business lunches and after-work dining, ensuring consistent revenue streams throughout the week.
How much does it cost to rent a restaurant on Kotewall Road, Mid-Levels, Hong Kong?
The cost to rent a restaurant on Kotewall Road in Mid-Levels, Hong Kong varies significantly depending on the size, location, and condition of the property, with rental prices typically ranging from HK$80,000 to HK$300,000 per month for commercial restaurant spaces. Ground floor locations with street-level access on Kotewall Road command premium rents due to high foot traffic and visibility, often costing between HK$150,000 to HK$250,000 monthly for spaces between 1,000 to 2,000 square feet. Upper floor restaurant spaces on Kotewall Road may offer more affordable options starting from HK$80,000 to HK$150,000 per month, though these require strong marketing to attract customers to higher levels. Additional costs for renting a restaurant on Kotewall Road include government rates, management fees, utilities, and often substantial key money or security deposits that can range from 3 to 6 months' rent, making the total initial investment for restaurant rental in this prestigious Mid-Levels location between HK$500,000 to HK$1.5 million. Prospective restaurateurs should also budget for licensing fees, renovation costs, and equipment installation when calculating the complete cost of establishing a restaurant operation on Kotewall Road.
What type of restaurant can be found on Kotewall Road, Causeway Bay, Hong Kong?
Kotewall Road in Causeway Bay, Hong Kong offers a diverse selection of restaurants catering to various dining preferences and budgets. Visitors to this popular Hong Kong dining destination can find traditional Cantonese restaurants serving authentic dim sum and roasted meats, Japanese establishments offering fresh sushi and ramen, Korean BBQ restaurants, Western fine dining venues, and casual cafes perfect for coffee and light meals. The restaurant scene on Kotewall Road Causeway Bay includes both upscale dining options with panoramic harbor views and affordable local eateries favored by Hong Kong residents. Many of these Causeway Bay restaurants on Kotewall Road feature international cuisine including Italian, Thai, Vietnamese, and fusion concepts, making it a true culinary hub in one of Hong Kong's most vibrant shopping and entertainment districts. Food enthusiasts visiting Kotewall Road can experience everything from Michelin-starred establishments to traditional Hong Kong tea restaurants, ensuring there are dining options suitable for tourists, business travelers, and locals seeking quality meals in the heart of Causeway Bay.