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

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

Renting a restaurant on Rednaxela Terrace in Mid-Levels, Hong Kong offers exceptional business opportunities for restaurateurs seeking a prime location with high foot traffic and affluent clientele. This prestigious address in Mid-Levels provides easy accessibility via public transportation and attracts both local residents and international tourists, making it an ideal spot for fine dining establishments, cafes, and specialty restaurants. The area's upscale demographic ensures strong spending power, while the terrace's unique charm and historic significance create an attractive dining atmosphere that can differentiate your restaurant from competitors. Additionally, Rednaxela Terrace benefits from its proximity to Central business district and popular residential complexes, guaranteeing steady lunchtime and evening crowds. The Mid-Levels location also offers excellent visibility for marketing and branding purposes, with many successful restaurants already established in the neighborhood, creating a proven dining destination that can drive organic customer discovery and repeat business for new restaurant ventures.

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

The cost to rent a restaurant on Rednaxela Terrace in Mid-Levels, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, condition, and specific location along the street. Rednaxela Terrace restaurant rental prices are influenced by factors such as floor area, which can vary from 800 to 2,500 square feet, proximity to the Mid-Levels escalator system, and the property's age and facilities. Ground floor restaurant spaces on Rednaxela Terrace generally command higher rents due to better street visibility and foot traffic, while upper floor locations may offer more affordable options for restaurateurs. Additional costs for restaurant rental in Mid-Levels include government rates, management fees, utility deposits, and potential key money or premium payments that can add 10-30% to the base monthly rent. The competitive dining scene in Mid-Levels means restaurant operators should budget for premium rental rates on Rednaxela Terrace, as this popular location attracts both local residents and tourists seeking authentic Hong Kong dining experiences in one of the city's most prestigious residential areas.

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

Rednaxela Terrace in Causeway Bay, Hong Kong, is home to a diverse collection of restaurants that cater to both local and international tastes. This vibrant street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants) serving Hong Kong-style comfort food, Japanese sushi bars and ramen shops, Korean barbecue establishments, and contemporary fusion dining venues. Visitors to Rednaxela Terrace can also find popular hotpot restaurants, seafood specialists, and casual cafes offering everything from traditional milk tea to international coffee blends. The area's restaurant scene reflects Causeway Bay's cosmopolitan nature, with establishments ranging from budget-friendly local eateries to upscale dining experiences, making Rednaxela Terrace a popular destination for food enthusiasts exploring Hong Kong's culinary landscape. Many of these restaurants operate late into the evening, accommodating Hong Kong's dynamic dining culture and providing options for both quick meals and leisurely dining experiences in one of the city's busiest shopping and entertainment districts.