F&B Units for Rent on Oil Street, Hong Kong

Why rent a restaurant on Oil Street, North Point, Hong Kong?

Oil Street in North Point, Hong Kong offers exceptional restaurant rental opportunities for food entrepreneurs seeking prime commercial real estate in one of the city's most vibrant dining districts. Located in the heart of North Point, Oil Street provides excellent foot traffic from both local residents and tourists, with convenient MTR access and proximity to major shopping areas that drive consistent customer flow throughout the day. Restaurants on Oil Street benefit from the area's diverse demographic mix, affordable rental rates compared to Central or Causeway Bay, and a thriving local food culture that embraces both traditional Cantonese cuisine and international dining concepts. The street's strategic location near the waterfront and cultural attractions like the Hong Kong Museum of Coastal Defence creates additional draw for diners, while the established restaurant scene provides built-in credibility for new ventures. With flexible lease terms, lower overhead costs, and strong community support for local businesses, Oil Street North Point represents an ideal location for restaurateurs looking to establish or expand their presence in Hong Kong's competitive F&B market while maintaining profitability and accessibility for their target customers.

How much does it cost to rent a restaurant on Oil Street, North Point, Hong Kong?

The cost to rent a restaurant on Oil Street in North Point, Hong Kong typically ranges from HKD 80,000 to HKD 200,000 per month depending on the size, location within the street, and condition of the property. Restaurant rental prices on Oil Street North Point vary significantly based on factors such as floor area measured in square feet, proximity to MTR stations, foot traffic levels, and whether the space comes with existing kitchen equipment and fixtures. Ground floor restaurant spaces with high visibility and street-level access generally command premium rental rates of HKD 150,000 to HKD 200,000 monthly, while upper floor restaurant locations may be available for HKD 80,000 to HKD 120,000 per month. Additional costs for restaurant rental in North Point Oil Street include management fees, rates and government rent, utility deposits, and potential key money or premium payments that can add 10-30% to the base monthly rent, making the total occupancy cost for restaurant businesses in this popular Hong Kong dining district a significant investment requiring careful financial planning.

What type of restaurant can be found on Oil Street, Causeway Bay, Hong Kong?

Oil Street in Causeway Bay, Hong Kong offers a diverse range of restaurant types to satisfy various dining preferences and budgets. Visitors can find traditional Cantonese dim sum restaurants serving authentic steamed dumplings and tea, upscale international fine dining establishments featuring European and fusion cuisine, casual Japanese sushi bars and ramen shops, Korean BBQ restaurants, trendy cafes offering coffee and light meals, local cha chaan tengs serving Hong Kong-style tea restaurant fare, and modern Asian bistros. The street's dining scene caters to both locals and tourists, with options ranging from affordable street food vendors to premium restaurants with harbor views. Many establishments on Oil Street specialize in fresh seafood, hotpot dining, and contemporary interpretations of classic Chinese dishes, making it a popular culinary destination in the bustling Causeway Bay district. Food enthusiasts visiting Oil Street can experience everything from quick grab-and-go options to elaborate multi-course meals, reflecting Hong Kong's reputation as an international food hub where East meets West in culinary innovation.