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

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

Renting a restaurant on Mercer Street in Sheung Wan, Hong Kong offers exceptional business opportunities in one of the city's most vibrant and culturally rich neighborhoods. This prime location provides access to a diverse customer base, including local professionals, international tourists, and expatriate residents who frequent the area for its blend of traditional Hong Kong charm and modern dining experiences. Mercer Street benefits from excellent foot traffic due to its proximity to major business districts, luxury hotels, and popular attractions, while Sheung Wan's reputation as a trendy foodie destination ensures strong market demand for quality restaurants. The area's well-developed infrastructure, including convenient MTR connections and ample parking options, makes it easily accessible for both customers and suppliers. Additionally, Sheung Wan's growing reputation as an artistic and cultural hub attracts a sophisticated clientele willing to spend on premium dining experiences, making restaurant rental on Mercer Street a strategic investment for entrepreneurs looking to establish a successful food and beverage business in Hong Kong's competitive market.

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

The cost to rent a restaurant on Mercer Street in Sheung Wan, Hong Kong varies significantly depending on the size, condition, and specific location of the property. Restaurant rental prices on Mercer Street typically range from HK$80,000 to HK$200,000 per month for ground floor spaces, with smaller establishments or upper floor locations potentially starting from HK$50,000 monthly. Sheung Wan restaurant rental costs are influenced by factors such as foot traffic, proximity to Central district, available kitchen facilities, and lease terms. Prime street-facing restaurant spaces on Mercer Street command premium rents due to the area's popularity among both locals and tourists, while basement or second-floor restaurant units may offer more affordable options for new restaurateurs. Additional costs for restaurant rentals in Sheung Wan include substantial security deposits equivalent to 3-6 months rent, government rates and management fees, plus potential key money payments to previous tenants. Given the competitive Hong Kong restaurant market and fluctuating commercial property prices in Sheung Wan, prospective tenants should expect to budget at least HK$100,000 monthly for a well-located restaurant space on Mercer Street, excluding fit-out costs and operating expenses.

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

Mercer Street in Causeway Bay, Hong Kong offers a diverse range of dining establishments that cater to both locals and tourists visiting this bustling shopping district. You can find numerous types of restaurants along Mercer Street including traditional Cantonese dim sum houses, authentic Hong Kong-style tea restaurants (cha chaan tengs), international cuisine options such as Japanese sushi bars, Korean BBQ restaurants, and Western-style cafes. The street is particularly known for its mix of casual dining spots and upscale restaurants, with many establishments serving popular Hong Kong specialties like wonton noodles, roast duck, and milk tea. Causeway Bay's Mercer Street has become a popular foodie destination where visitors can experience everything from street food-inspired dishes to fine dining experiences, making it an ideal location for food lovers exploring Hong Kong's vibrant culinary scene. The restaurants on Mercer Street typically offer both indoor seating and some feature outdoor dining areas, providing options for different dining preferences in one of Hong Kong's most dynamic neighborhoods.