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

Why rent a restaurant on First Street, Sai Ying Pun, Hong Kong?

Renting a restaurant on First Street in Sai Ying Pun, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and rapidly developing neighborhoods. Located in the heart of Sai Ying Pun, First Street provides excellent accessibility through nearby MTR stations and bus routes, ensuring steady foot traffic from both local residents and tourists exploring this trendy district. The area has transformed into a culinary hotspot attracting young professionals, expatriates, and food enthusiasts who appreciate diverse dining experiences, making it an ideal location for restaurant ventures. First Street benefits from lower rental costs compared to Central or Causeway Bay while still maintaining high visibility and accessibility, offering better return on investment for restaurant operators. The neighborhood's mix of residential buildings, creative spaces, and emerging businesses creates a dynamic customer base throughout the day, from morning coffee seekers to late-night diners. Additionally, Sai Ying Pun's reputation as an up-and-coming district means restaurant businesses can establish themselves before the area reaches peak saturation, positioning themselves for long-term success in Hong Kong's competitive food and beverage market.

How much does it cost to rent a restaurant on First Street, Sai Ying Pun, Hong Kong?

The cost to rent a restaurant on First Street in Sai Ying Pun, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location within the street, and condition of the property. First Street restaurant rental prices in Sai Ying Pun are influenced by factors such as foot traffic, proximity to MTR stations, ceiling height, kitchen facilities, and lease terms. Smaller restaurant spaces of 500-800 square feet may cost between HK$80,000 to HK$120,000 monthly, while larger establishments exceeding 1,000 square feet can command HK$150,000 to HK$200,000 or more per month. Restaurant rental costs on First Street Sai Ying Pun also include additional expenses such as management fees, rates, government rent, and utility deposits which can add 15-25% to the base rental cost. Due to Sai Ying Pun's growing popularity as a dining destination and its proximity to Central and Sheung Wan, First Street restaurant rental prices have remained competitive within the Hong Kong commercial property market, making it essential for prospective tenants to budget comprehensively and engage experienced commercial real estate agents familiar with Sai Ying Pun restaurant leasing trends.

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

First Street in Causeway Bay, Hong Kong offers a diverse range of restaurant types catering to both local and international tastes. Visitors can find traditional Cantonese dim sum restaurants serving authentic Hong Kong-style cuisine, upscale fine dining establishments featuring international fusion menus, casual eateries specializing in local street food favorites like wonton noodles and char siu bao, Japanese sushi bars and ramen shops, Korean barbecue restaurants, Western-style cafes and bistros, and trendy rooftop dining venues with harbor views. The dining scene on First Street Causeway Bay reflects Hong Kong's multicultural food culture, with options ranging from budget-friendly local tea restaurants to high-end Michelin-starred establishments, making it a popular destination for food enthusiasts exploring Causeway Bay's vibrant culinary landscape. These restaurants typically serve everything from traditional Hong Kong breakfast sets and afternoon tea to contemporary Asian fusion dishes and international cuisine.