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

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

Morrison Street in Sheung Wan, Hong Kong offers exceptional opportunities for restaurant rental due to its prime location in one of the city's most vibrant dining districts. This bustling street attracts both local office workers and international tourists, providing a steady stream of potential customers throughout the day. The area benefits from excellent transportation links with nearby MTR stations and bus routes, making it easily accessible for diners from across Hong Kong. Restaurant spaces on Morrison Street typically feature high foot traffic, particularly during lunch and dinner hours, while the street's proximity to Central's business district ensures a reliable weekday clientele. The neighborhood's rich culinary heritage and diverse dining scene create an ideal environment for both established restaurateurs and newcomers looking to establish their presence in Hong Kong's competitive food market. Additionally, Morrison Street's reasonable rental rates compared to Central's prime locations, combined with its growing reputation as a foodie destination, make it an attractive investment for restaurant operators seeking maximum return on investment while building their brand in Hong Kong's dynamic hospitality sector.

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

The cost to rent a restaurant on Morrison Street in Sheung Wan, Hong Kong typically ranges from HK$80,000 to HK$200,000 per month depending on the size, location, and condition of the property. Morrison Street restaurant rental prices vary significantly based on factors such as square footage, with smaller establishments of 500-800 square feet commanding around HK$80,000-120,000 monthly, while larger spaces exceeding 1,500 square feet can cost HK$150,000-200,000 or more per month. The premium location of Morrison Street in Sheung Wan, known for its bustling business district atmosphere and proximity to Central, contributes to higher rental costs compared to other Hong Kong areas. Additional costs for restaurant rental on Morrison Street include security deposits equivalent to 2-3 months rent, government licensing fees, and potential key money payments to previous tenants. Restaurant operators should also budget for utilities, management fees, and renovation costs when calculating the total investment required for establishing a dining establishment on Morrison Street, Sheung Wan. Market conditions and property availability can cause rental prices to fluctuate, so prospective tenants are advised to consult with local commercial real estate agents specializing in Sheung Wan restaurant properties for current market rates and available listings.

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

Morrison Street in Causeway Bay, Hong Kong offers a diverse array of dining establishments that cater to both local and international tastes. This vibrant street features traditional Cantonese dim sum restaurants, authentic local cha chaan tengs (tea restaurants), upscale fine dining establishments, Japanese sushi bars, Korean barbecue restaurants, and contemporary fusion cuisine venues. Food enthusiasts visiting Morrison Street Causeway Bay can enjoy everything from street food stalls and casual cafes to high-end restaurants serving international cuisine including Italian, Thai, and Western dishes. The area is particularly known for its excellent seafood restaurants, roast duck specialists, and popular hotpot establishments that attract both tourists and Hong Kong locals. Many restaurants on Morrison Street operate late into the evening, making it an ideal dining destination for those exploring the bustling Causeway Bay district, with options ranging from budget-friendly local eateries to premium dining experiences that showcase Hong Kong's renowned culinary scene.