F&B Units for Rent on Fat Hing Street, Hong Kong

Why rent a restaurant on Fat Hing Street, Sheung Wan, Hong Kong?

Renting a restaurant on Fat Hing Street in Sheung Wan, Hong Kong offers exceptional business opportunities due to its prime location in one of the city's most vibrant commercial districts. Fat Hing Street provides excellent foot traffic from both local residents and tourists exploring the historic Sheung Wan area, which is renowned for its traditional markets, antique shops, and cultural attractions. The street benefits from convenient transportation links with nearby MTR stations and bus routes, making it easily accessible for customers throughout Hong Kong. Restaurant operators on Fat Hing Street can capitalize on the area's diverse demographic, including office workers from the Central business district, residents from nearby residential complexes, and visitors attracted to Sheung Wan's unique blend of old and new Hong Kong culture. The competitive rental rates compared to Central or Tsim Sha Tsui make Fat Hing Street an attractive option for restaurateurs seeking to establish their business in a well-connected location with strong growth potential. Additionally, the street's proximity to the waterfront and Man Mo Temple creates natural draw for both lunch crowds and evening diners, while the ongoing urban development in Sheung Wan continues to increase the area's appeal and property values.

How much does it cost to rent a restaurant on Fat Hing Street, Sheung Wan, Hong Kong?

The cost to rent a restaurant on Fat Hing Street in Sheung Wan, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month, depending on the size, condition, and exact location of the property. Restaurant rental prices on Fat Hing Street vary significantly based on factors such as floor area, street-level versus upper-floor positioning, renovation requirements, and proximity to major attractions in Sheung Wan. Ground floor restaurant spaces with good foot traffic generally command higher rents, often exceeding HK$150,000 monthly for properties between 800 to 1,500 square feet. Upper floor restaurant locations on Fat Hing Street may offer more affordable options starting around HK$60,000 to HK$120,000 per month, making them attractive for budget-conscious restaurateurs. Additional costs for renting a restaurant in Sheung Wan include security deposits equivalent to 3-6 months rent, government rates, management fees, and potential key money payments. The competitive restaurant market in Sheung Wan means that prime Fat Hing Street locations with established foot traffic and good visibility can command premium rents, while properties requiring significant renovation or those in less optimal positions offer more reasonable pricing for new restaurant ventures.

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

Fat Hing Street in Causeway Bay, Hong Kong offers a diverse range of dining establishments that cater to both locals and tourists exploring this vibrant shopping district. The street features traditional Cantonese restaurants serving dim sum, roast duck, and authentic Hong Kong-style cuisine, alongside modern fusion eateries that blend Eastern and Western flavors. Visitors can find popular chain restaurants, local cha chaan tengs (tea restaurants) offering affordable comfort food, Japanese sushi bars, Korean barbecue joints, and Western-style cafes and bistros. The restaurant scene on Fat Hing Street reflects Causeway Bay's cosmopolitan nature, with options ranging from budget-friendly street food stalls and casual dining spots to upscale establishments perfect for business dinners or special occasions. Many of these restaurants stay open late into the evening, making Fat Hing Street an ideal destination for food lovers seeking variety in one of Hong Kong's most bustling commercial areas.